Sony Claims Game Sector is 'Weak'

GamesIndustry.biz reports on comments from Sony CFO Nobuyuki Oneda, saying that the company's dip in profits is due to a 'weak' games industry. "Speaking at a news conference, Oneda said that without the battery recall and PS3 costs to contend with, 'We would have been on track with the midterm plan, or more than that. But the game segment is weak and is the major challenge for us now,' he added. PS2 software shipments during the quarter were down by 3 million units to 47 million, but the figure for PSP software rose from 9.9 million to 12.9 million units. PS2 and PSP hardware shipments rose to 5.02 million and 3.89 million respectively. However, both hardware and software sales were down overall, with sales and operating revenue standing at YEN 170.3 billion (EUR )." In other parts of the 'weak' market, Microsoft is hopeful that they'll hit their 10 Million target by the end of the year. If they do, they're going to have to scramble. Current projections put them at 6 Million sales so far.

Comments

Now the gaming industry is the scapegoat?

[Kyokugenryu]

So, you piss off your customers in almost every way possible, then blame the industry as a whole as the reason you're losing extreme amounts of money, where Nintendo is making extreme amounts, and MS isn't doing bad either? Yeah, that's totally the industry's fault. Sony Execs: If it weren't for competition, we'd be making money because we're the only game in town! Damn you, Nintendo and Microsoft! And your fat plumbers and Master Chiefs too!

It is time

[Anonymous Coward]

The games industry is weak. That's why this is the perfect time to flip it over and hit its stomach for massive damage.

Re:Game Sector Claims Sony is 'Weak'

[Anonymous Coward]

"Sony is dead."
-Nietzsche

"Nietzsche can wait."
-Sony

"The N64- & GC-era rumors of my death were greatly exaggerated."
-Nintendo

"360 should be enough for anyone."
-Microsoft