Sony games division suffers $30m loss

Sony games division suffers $30m loss

By Christopher Dring

August 2nd 2012 at 12:22PM

Console giant blames declining PS3 and PSP sales only partially offset by Vita

Sony's games division has posted a $45m (£28.9m) operating loss for the quarter ending June 30th.

Sales decreased 14.5 per cent over the same quarter last year to $1.49bn (£958million).

The decrease was largely due to slowing sales of PS3 and PSP, although sales were 'partially offset' by PlayStation Vita.

PS3 and PS2 combined hardware sales were 2.8m for the quarter, a drop over the 3.2m sold during the same period the year before.

Software sales for both consoles were 20.1m, which is down over the 27.6m posted in Q1 2011.

As for portable sales, Vita and PSP combined sales were 1.4m, a slight decline over the 1.8m the year previously. Software sales fell from 6.6m to 5.8m games sold.

For the full story visit our sister-site, MCV.