Sony's game division loses $45 million

i got up out my bed to say this... first of all any of you guys talking mess about any of the game companies are fool.  Competition is good, if it wasn't for competition we would never get good stuff. Imagine if sega didn't make the genesis, saturn or dreamcast, and only nintendo dominated the gaming world only we would be in trouble. imagine a world without competition.... imagine... madden like systems every year with no major  improvements because you can only buy one system.... thats what EA did to football, why would you want any of these companies to fail?  I admit im no nintendo fan since n64 and im not really a microsoft fan... but microsoft kicked off the next gen and if it wasn't for them the competition would of dragged it's feet, same goes for sega during the dreamcast days... IMO i felt like sega gave up too early on their system...  what im saying is we wouldn't be where we were if it was a one man show..

thats what happens when you chop & change a games console around & make two many versions of it.

The biggest mistake  was taking away its ability tot playback PS2 games the  second PSN hack was another along the removal of OS & 3d playback which was only any good if you could afford a 3d tv and enjoyed your games at  lower frame rate.

So Sony bare this in mind for the PS4  Design so it plays the whole family of PS games 1-4 it has a 2TB hard drive a region free global online store & less geeky Apps Like BBC i player  & at an affordable price to

http://www.nytimes.com/2012/07/20/technology/microsoft-reports-a-loss-after-writedown.html

http://mashable.com/2012/07/19/microsoft-first-loss-q2-2012/

This isn't just Sony's problem. Every company making products in Japan is getting punished by the exchange rate. Unless they move their manufacturing off Japan, their products will be too expensive for the global market. No one will pay $600 for a PS4. 

I know I am off topic, but in my opinion, I feel like Sony has completely ditched the sixaxis with most of their exclusive video games. It is good that they support the rumble, but they could at least include more uses in their exclusive video games to the sixaxis as an optional play instead of being forced to play the video game with it. I hope even the third party developers develop more use with the sixaxis as well.

Wow... Sony blaming PSP sales while in reality they dropped it too early in the US. Another reason why Vita had low sales because people know what they did with the PSP.

Wow everytime you turn around now all you see with sony is their losing money.Hard to believe they would even try another console after the PS3 and vita.

I think the main reason the Vita isn't selling as well as it could be, in addition to not having many games in it's early life, is the precedent set by the 3DS. People didn't buy the 3DS, so in response Nintendo dropped the price and 3DS sales skyrocketed. The same people see this and say "hey, if I don't buy the Vita, the price will eventually drop." The logic isn't faulty at all, even if it's not likely to happen.

A global recession and an unfavorable exchange rate will undoubtedly hurt profits. But Sony is being hurt by slowing demand for their products as well.  I found it surprising how much the PS2 was still buoying their sales even as recently as last year.  Now the PS2 is in steep decline, the PS3 is in a slower decline (but a decline nonetheless), and the PSVita hasn't picked up enough to cover the decline in PSP sales.  Combine that with few must-have "Only on PlayStation" games and you have a recipe for a bad fiscal year.  Sadly, I don't know if things turn around without a substantial price drop somewhere in their product line.

Anyone else get the feeling their new anti-consumer policies are part of the reason their profits?

good i like seeing things like this when it is about a companies like sony now if i could see this happen to ea i would be over the moon.

With the economy the way it is. I'm not surprised. However I feel that the rumors of Playstation 4 and a Playstation Vita price drop have many of the gamers wondering if now is the time to get a PS3 or Vita or wait.

I am not at all supprised by this. I sold my ps3 because the way sony treated me first off they removed install other operating system that I was using with an update saying it is to prevent hackers alot of good that did the only person who was effected was consumers who bought an overpriced system and I was never remburst then they change eula whenever they feel like it to suit there best interest not ours every time I go to play a game there is a patch that takes 10 to 30 minutes to download or the online service is down. Infact I went to buy a new tv I did not even bother with sony since there tvs are actualy not as good as they used to be and I would never buy another sony product I went with a panasonic 3d plasma tv vt20 and it blows sony xbr out of the water so screw sony I dont feel bad one bit and will never give them a dime of my hard earned money

It is true that the economy is down right now, which explains the lower sales of Sony's other electronics as well as video games, but the PS3, 360 and Wii were all more expensive than the last generation. Buying a 400- 600 dollar device knowing that you are going to spend thousands more on games and terrible day after DLC is hard to do in any economy. Gaming has always been a bit expensive but the days of the N64 and PS1 are gone. I could go to a walmart, kmart or any store and buy a game off the shelve and the quality was always there. It was worth the price of release back then. People forget that innovation in gaming used to be about weird concepts and fun experiences, not how much like a game is like or unlike Call of Duty or Halo.

Does Sony have a goldmine? I keep seeing Sony posting losses on most sector but they are still moving on.

Sony posted losses for the last 10 years now... hummmmmmmmmmm

We don't buy products because they are Sony's. We buy them because they are the best in terms of quality and price that match our needs. Please treat consumers like they are humans being, not like donkeys.

the move function on the ps3 is a little sluggish in response, and i dunno why they didn't include a golf game on sports champions (like another popular game company did with their copy cat wii version) instead of the frisbee!! Vita will hopefully have some quality releases next year, ps3 is now in its final stages of its life we will see some last gen games now the developers have gotten to know the system this is when the awesome games will arrive, that should help new sales, before the most anticipated ps4 arrives (and we are wild stallions!!).

The future is VR consoles.

All Sony needs to do is release more excellent games for the vita, keep the price tag the same and lower the cost of the memory. This move alone will bring them back up.

yup....gaming went downhill after kinect and move came out....over saturated the market with gimmicks...no one cares about gaming as much as they did a year or 2 years ago.lets hope the wiiu will spark some interest in gaming again.