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Monday, February 9, 2009

Sony - Music Sales, Gaming Sales suffer



And I was just bigging up the Sony Playstation2 over the old Xbox yesterday, for not needing an additional DVD controller like the Xbox did to operate its DVD feature for movie viewing...lol

Sony posted a whopping 95% decrease in profits last quarter compared to the same quarter last year. Gaming was the biggest disappointment down 97%, but music did its part to contribute to the downward spiral. Even when factoring out the expensive purchase of BMG's half of the former Sony BMG, music profits still declined 41%, driven by a 22% decrease in sales.

Ouch...I guess the layoffs are coming soon.
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