Sony cuts PS3 and Vita forecast again

PS Vita sales aren’t that good.

Posted By | On 07th, Feb. 2013 Under News | Follow This Author @KartikMdgl


Sony has released its quarter 3 results for the fiscal quarter and they have made some money finally. They’re in the black guided by asset sales and other measures taken.

They have cut the forecast of PS Vita and PSP to 7 million from 10 million originally forecasted. The original forecast was 16 million so there have been plenty of revisions so far.

PS3 and PS2 are being reported together by the company, that’s the reason it’s hard to figure out the sales of individual systems. Sony have revealed that they shipped 15.6 million units combined of both the hardware.

They have also mentioned that the PS Vita isn’t selling all that well, and there’s slow penetration. They are planning to release some great titles to encourage sales.

“In the digital imaging and the game businesses, which are positioned as core areas of the electronics businesses along with the mobile businesses, the shrinking market for compact digital cameras, due to the expansion of the smartphone market, and the slow penetration of the PlayStation Vita portable entertainment platform are recognized as particularly important issues,” their statement read.

“Sony is working to improve profitability through reinforcement of its high value added products that are differentiated by the use of highly competitive image sensors developed by Sony. In the game business, Sony is working to expand sales and operating income through the introduction of an attractive software lineup and through offering game software on mobile devices, including smartphones and tablets.”

Source – Sony.

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