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» PlayStation turns profitable but Sony cuts full year sales targets
From gamesindustry.biz: [QUOTE] Profit for the PlayStation business was JPY 12.9 billion (USD 121 million), compared to loss of JPY 54.2 billion (USD 509 million) for the same period in 2006, with improvement attributed to hardware reduction costs and strong sales of the PSP handheld.
Sales for the game division were JPY 581.2 billion (USD 5.46 billion), a 31.2 per cent increase over 2006's JPY 442.8 billion (USD 4.16 billion)
However, the company has lowered its full year sales targets for the PlayStation 3, from 11 million units to 9.5 million, while revealing it sold 4.9 million PS3's during the October to December period. Software sales for the PlayStation 3 reached 26 million units during the three month period. [/QUOTE]
Full Story: gamesindustry.biz
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