Sony Posts Game Gains

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Sony announced its financial results for the quarter ending June 30th, 2008, yesterday, and while things are looking good a little dark for the company as a whole, the game division was profitable. Mostly due to the success of the PlayStation 3.

While Sony posted a 39.5% loss over last year overall, Sony gaming announced a 16.8% year-on-year sales increase, resulting in an operating income for the division of $51 million. Last year, during the same period, they lost money. The PS3 sold 1.56 million unites for the quarter, an increase of 0.86 million over the previous year. As far as software sales go: The company announced sales of 22.8 million units, 18.1 million increase over the same period last year. PSP hardware sales grew by 1.59 million year-on-year to 3.72 million for the quarter, resulting in 11.8 million units of software sold.

The PlayStation 2, as you'd probably expect is (finally) seeing sales of both hardware and software falling off from last year.

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