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About Rainier

PC gamer, WorthPlaying EIC, globe-trotting couch potato, patriot, '80s headbanger, movie watcher, music lover, foodie and man in black -- squirrel!

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PS2 / PSP Console And Software Sales Drop

by Rainier on July 27, 2006 @ 3:06 a.m. PDT

In the Game segment, sales decreased 29.1% compared to the same quarter of the previous fiscal year primarily as a result of a decrease in hardware unit sales of PS2 and PSP, as well as a decrease in PS2 software sales. Although combined profit from the PS2 and PSP businesses was relatively unchanged, operating loss increased primarily as the result of the recording of charges associated with preparation for the launch of the PS3, in addition to continued high research and development costs associated with PS3.
In the Game segment, sales decreased 29.1% compared to the same quarter of the previous fiscal year primarily as a result of a decrease in hardware unit sales of PS2 and PSP, as well as a decrease in PS2 software sales. Although combined profit from the PS2 and PSP businesses was relatively unchanged, operating loss increased primarily as the result of the recording of charges associated with preparation for the launch of the PS3, in addition to continued high research and development costs associated with PS3.
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