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Published on August 2nd, 2012 | by Andre Gamble, Contributor

PlayStation Loses Big In First Quarter

Things aren’t looking up for the PlayStation brand. While Sony had estimated the company would take a hit this quarter, it was uncertain just how big of a hit.

In terms of consoles sold the PlayStation 3 and PlayStation 2 sold 2.8 million units–down from 3.2 million units last year. Their handled division faired just as bad, the PSP and PS Vita sold a combined 1.4 million units down from 1.8 million this time last year. Sony originally estimated to sell 16 million PSPs and PS Vitas this year, but cut that number to only 12 million units.

Software was down for the company as well. PS3 and PS2 games combined for 20.1 million units, down from 27.6 million. PSP and PS Vita combined for 5.8 million sales down from 6.6 million.

In the end Sony recorded a net loss of $314 million for the first quarter of the year.

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About the Author

Gamer, writer, awesome dude. Andre has been gaming since his mother put a Game Boy in his hands 17 years ago. Now in his early twenties, Andre is trying to complete his bachelor's degree in creative writing for entertainment, and write in the games industry. Twitter - @AndreJGamble Email -

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