PS2 Slump Hits Sony Revenues Hard

Year-on-year revenue down by $700m.

Posted by Staff
Could the end soon be nigh for the best-selling console ever?
Could the end soon be nigh for the best-selling console ever?
The PlayStation 3 may have had a stellar year in 2009, but according to some stats analysis from Gamasutra, the PSP and PlayStation 2 has held Sony Computer Entertainment America back in terms of company revenue.

In particular, PS2 sales (or lack of them) have contributed to a colossal revenue drop for the company, of around $700 million (year-on-year) in 2009. What was once the pillar of strength for the PlayStation family is now rapidly losing steam, which leads us to wonder whether the console has much of an official shelf life left.

The PSP suffered last year too, as unit sales were reportedly down 1.3 million year-on-year totalled a $225 million revenue loss. An additional $200 million was lost due to a slump in software sales for the platform too.

All of this adds to Gamasutra's reported total year-on-year revenue drop of $1.3 billion for Sony, and a drop in US marketshare from 30 per cent to 26 per cent. In comparison, Microsoft had a second year of declining revenue despite hardware and software sales increases, and Nintendo enjoyed a market share jump to 50 per cent in contrast to a drop in revenue of $200k.

We're off to chat with Sony and see if we can get a comment on the numbers and potential future of its platforms.
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Comments

Rockstar3F09 20 Jan 2010 22:57
1/3
Well That Sucks!
James 21 Jan 2010 05:37
2/3
The PS2 has dropped because the system is on it's last legs. People have been buying more PS3s, thanks to the price drop to $299, in which most of them were PS2 owners getting ready to buy PS3 games as HD games are becoming more standard.

As far as the PSP is concerned, the sales are slumping, because of competition from Nintendo with the DS with their steller software and the innovative strategy (including touch screen stylus features).
headcasephil 21 Jan 2010 07:15
3/3
James wrote:
The PS2 has dropped because the system is on it's last legs. People have been buying more PS3s, thanks to the price drop to $299, in which most of them were PS2 owners getting ready to buy PS3 games as HD games are becoming more standard.


it could be better for sony if the price was right the ps3 price is at a good point $299 wich will get you a games console a blu ray player a stream box were as the 360 wich at gamestop is same price wich gets you all the same but have to play for online play and no blu ray player
then theres the wii wich is sell at $199 i feel he price is wrong for it but people still buying em were as the ps2 is selling for $99.99 well over priced for a console that is so outdated its starting to feel retro if they were to drop the price to $50 try to sell to people that have never played a console it would do well
the you look at the psp/go the price is stupid $169.99 for the 3000 and $249.99 for the go
you can pick up a ds light for $129.99 and a dsi for $169.99.

so looking at it you can get the top ds for the price of the base psp
for an extra $50 you gan get a 120 gb ps3 / a 360 elite when people go shoping for a new mahine people will go for what you want but price all ways has something to do with it.
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