Sony: PS4 Launched Smoothly But PS3 Declined Faster than Expected, Loss Was Better than Forecasted

on May 14, 2014 5:08 AM

Today Sony held its financial briefing for Japanese investors and analysts, and Chief Financial Officer Kenichiro Yoshida, Corporate Executive Hiroki Totoki and Senior General Manager Kazuhiko Takeda explained the current outlook.

As part of the information given it was mentioned that Sony Computer Entertainment is a self-reliant company that doesn’t rely on Sony Corporation’s marketing and sales structure.

Yoshida-san shared that PS4 and its related network services were launched smoothly, but PS3 sales declined faster than expected, which contributed to the loss recorded today. Though, that loss recorded for the game division is actually better than the pre-launch forecast.

Yoshida-san stated that he thinks that for the year of the launch of a new platform, Sony got off a to a good start. The network service grew to the level of 200 billion yen in sales, but  now Sony faces the challenge of the costs of managing the service coming with the increased number of users.

 /  Executive News Editor
Hailing from sunny (not as much as people think) Italy and long standing gamer since the age of Mattel Intellivision and Sinclair ZX Spectrum. Definitely a multi-platform gamer, he still holds the old dear PC nearest to his heart, while not disregarding any console on the market. RPGs (of any nationality) and MMORPGs are his daily bread, but he enjoys almost every other genre, prominently racing simulators, action and sandbox games. He is also one of the few surviving fans of the flight simulator genre on Earth.