Despite a small 6% dip in quarterly sales year-over-year, “due to a decrease in sales in the game business resulting primarily from unfavorable foreign exchange rates,” Sony’s Networked Products & Services group, which houses the PlayStation brand, managed to post ¥45.7 billion (about $564 million) in profits for the third quarter period, which ended December 31. That’s a 135% gain over the prior-year’s period.
Even though quarterly sales of the PlayStation 3 and PSP have lagged year-over-year, Sony is predicting 15 million PS3 consoles sold for the fiscal year, compared to 13 million for the year prior. This has a lot to do with “cost reductions” on the PS3 and significant gains in PlayStation 3 software sales. So things are looking great for the PS3 right now. As for the PSP and PS2, not so much.