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Posts tagged losses

SouthPeak doubles game sales in 2009 amid dropping profits

Though SouthPeak is keen to point out that its net revenues rose from last year by $7.2 million, the company's profits for the year remain firmly in the red, with a $12.1 million posted loss for the 2009 fiscal year ending June 30. SouthPeak's loss report comes confusingly paired with a 100%...

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Sony reveals restructuring plans to retaliate against massive losses

Sony has stated (via Reuters) that it expects losses from its entire corporation to equal around 260 billion yen for the fiscal year ending March 2009. According to GI.biz, the games division is expected to post increased losses of 30 billion yen ($337 million), though there's no mention of what...

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Sony reveals restructuring plans to retaliate against massive losses

Sony has stated (via Reuters) that it expects losses from its entire corporation to equal around 260 billion yen for the fiscal year ending March 2009. According to GI.biz, the games division is expected to post increased losses of 30 billion yen ($337 million), though there's no mention of what...

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Sega Sammy losses bring layoffs, arcade closings

Life comes at you fast if you're Sega Sammy. Just a couple of years after increased profits had the company rolling in money, the company today announced that it plans to lose a whopping 26 billion yen (approx. $230 million) this fiscal year. Compared to the previous projection of a billion yen...

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Xbox 360 still bumming cash from Microsoft

Further cementing its image as Microsoft's loser brother who just needs a few bucks until "the band really takes off," the Entertainment and Devices Division of the company lost $315 million in the third fiscal quarter. Meanwhile, Microsoft's overall earnings rocketed up to $14.4 billion, a 32...

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Analysis: Sony losing $240+ on every PS3

Market research firm iSuppli has determined that Sony will lose about $240 on every 60GB PS3 and roughly $305 on every 20GB system they sell at launch. The determination comes from iSuppli's cost analysis of the parts inside the system -- which includes a $125 Blu-Ray drive and a $129 Nvidia...

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