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Sony's game division loses $45 million
Technology giant's PlayStation sector posts loss in first quarter due to lower sales of PSP and PS3 hardware and software; company loses $313.9M in total. Sony's game division posted an operating loss of ¥3.5 billion ($45 million) for the company's first quarter ended June 30, the Tokyo technology titan announced today. Revenue for the period took a 14.5 percent hit, dropping to ¥118 billion ($1.5 billion). Sony said this downturn was a result of lower sales of hardware and software for the PSP and PlayStation 3, as well as...
Published By: GameSpot - Thursday, 2 August, 2012
