Sony cuts PS Vita sales forecast sharply, again

Sony cuts PS Vita sales forecast sharply, again
Sony drops PS Vita sales expectations by 3 million units.

The company had initially estimated that it would sell 16 million PS Vita and PSP units (it combines both handhelds' figures) during this Fiscal Year, which ends March 31, before cutting its estimates not long after to 12 million.



In November, it dropped its expectations again, down to 10 million. Sony just reported a 15 percent drop in year-on-year revenue for the third quarter of FY 2012. Poor sales in its gaming division had a lot to do with its performance.

Now Sony only expects to sell 7 million PS Vita's and PSP's during the fiscal year ending March 31, less than half of its initial forecast.

Still, Sony has acknowledged the subpar start for its latest handheld device already, and pledged to meet the challenge with new software.

Sony will hold an event on February 20, where it is widely expected to unveil the PlayStation 4 (PS4) to the world.

Written by: James Delahunty @ 7 Feb 2013 17:17
Tags
Sony PS Vita
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  • 4 comments
  • warriorp

    i have a vita and now oing to sell it because i cant play marvel vs capcom 2 on remote play. useless hardware

    "How can one enjoy his or her money with taxes so high!"

    7.2.2013 23:49 #1

  • Interestx

    Another less than outstanding but highly priced product turns to cr@p for them.
    They really need to turn things around asap, it would not be good for gaming to see Sony leave manufacturing.

    8.2.2013 12:52 #2

  • IguanaC64

    Keep treating your customers like their only value is $$$ and it will catch up to you.

    8.2.2013 13:56 #3

  • Jemborg

    If it had been a phone as well then it would have flown off the shelf.

    Its a lot easier being righteous than right.


    11.2.2013 12:23 #4

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