On the heels of Nintendo's $220 million quarterly loss, Sony released its consolidated financial results for its first fiscal quarter of the year, which ran from April 1, 2012 to June 30, 2012. Here is another version of the report.
The major takeaway is that the company as a whole lost another $312 million to add on top of its epic stock fall, debt downgrade, and a gigantic quarterly loss last year. It’s worth noting that a loss of $312 million is significantly lower than the $2.03 billion loss from Q3 of 2011, indicating that the company is on the upswing even if it’s still in the red.
The company notes that “the operating environment surrounding Sony in the first quarter continued to be difficult with the economy slowing in many areas of the world and the trend toward appreciation of the yen taking hold.” As Sony is also under a massive corporate restructure to streamline the company’s operations towards profitability, the company incurred “11.3 billion yen of restructuring charges included in the operating results,” inflating the loss. 11.3 billion yen is roughly equivalent to $14.5 million.
“Uncertain foreign exchange rates and trends in the global economy” have caused Sony to “downwardly [revise]” its fiscal year forecast moving forward.
Sony is a gigantic corporation, and the PlayStation brand is merely a segment of it (it’s the third biggest segment of the business by sales and operating revenue). But the PlayStation brand itself is also experiencing further financial difficulties. Sony notes that “Primarily due to the lowering of the annual unit sales forecast for portable hardware, sales are expected to be significantly lower than the May forecast… Sales are expected to be essentially flat and operating income is expected to decrease significantly year-on-year.”
Jumping further into the numbers, one finds a year-over-year sales fall. “Sales decreased 14.5% year-on-year (a 10% decrease on a constant currency basis) to 118.0 billion yen ($1.493 billion). This decrease was primarily due to lower sales of hardware and software of the PSP (PlayStation Portable) and PlayStation 3, partially offset by the contribution of the PlayStation Vita introduced from December 2011.”
Sony projects sales of PlayStation 2 and PlayStation 3 to amount to 16 million units globally during the entirety of its fiscal year. However, it has downgraded earlier estimates of 16 million PSPs and PlayStation Vitas sold during the fiscal year to 12 million. Its total software sales of 196.7 million units in 2011’s fiscal year is expected to be replicated in fiscal year 2012.
Source : feeds.ign.com
Thursday, August 2, 2012
LittleBigPlanet Vita Release Date Announced
Sony has announced that LittleBigPlanet Vita will hit stores on September 19th in Europe and September 25th in North America. The game is set on “the mysterious traveling planet of Carnivalia” and allows players to share levels on the go over 3G or Wi-Fi.
LittleBigPlanet Vita also features new touchscreen support allowing players to manipulate multiple objects at once using the lasso tool. The rear touch screen can be used to move the camera, and the Vita’s microphone can be used to record sound effects or voiceover for levels. The front or back camera can also be used to take pictures to create custom stickers.
Players who pre-order the game can receive a free BioShock costume. For a look at LittleBigPlanet Vita’s new Memorizer feature, check out our LittleBigPlanet Vita impression from E3.
Source : feeds.ign.com
LittleBigPlanet Vita also features new touchscreen support allowing players to manipulate multiple objects at once using the lasso tool. The rear touch screen can be used to move the camera, and the Vita’s microphone can be used to record sound effects or voiceover for levels. The front or back camera can also be used to take pictures to create custom stickers.
Players who pre-order the game can receive a free BioShock costume. For a look at LittleBigPlanet Vita’s new Memorizer feature, check out our LittleBigPlanet Vita impression from E3.
Source : feeds.ign.com
MineCon 2012 Dates and Venue Revealed
The yearly Minecraft convention, MineCon, will be held at Disneyland Paris on November 24 and 25.
Minecraft mastermind Markus "Notch" Persson earlier tweeted a trailer that revealed the new location for the event, which was held in Las Vegas last year, and Washington DC in 2010.
Tickets and hotel registration will become available in the next few weeks. As it's the first time MineCon has been held outside of the US, it should be more accessible to European fans of the game who haven't previously been able to attend.
The Minecraft brand has gone from strength to strength this year, with the Xbox 360 version of the title selling an impressive 3 million copies. You can check out the Disney-themed announcement trailer for MineCon 2012 below.
Source : feeds.ign.com
Minecraft mastermind Markus "Notch" Persson earlier tweeted a trailer that revealed the new location for the event, which was held in Las Vegas last year, and Washington DC in 2010.
Tickets and hotel registration will become available in the next few weeks. As it's the first time MineCon has been held outside of the US, it should be more accessible to European fans of the game who haven't previously been able to attend.
The Minecraft brand has gone from strength to strength this year, with the Xbox 360 version of the title selling an impressive 3 million copies. You can check out the Disney-themed announcement trailer for MineCon 2012 below.
Source : feeds.ign.com
X-Men: First Class Sequel News - What is Days of Future Past?
Bryan Singer has confirmed that X-Men: First Class 2 will revolve around the Days of Future Past comic run.
Singer exclusively told IGN that the script is being written now, adding “It’s going to be very ambitious. It’s called Days of Future Past and it deals with aspects of that comic but also some very new things but I don’t want to give any of it away. Matthew Vaughan will be directing and I’m totally excited about it.”
So what is Days of Future Past? For those who haven’t been following the X-Men for the last 30 years, it’s a storyline that was first published in 1981 and deals with alternate timelines.
Set in a dystopian future in which Sentinels rule the United States, the X-Men – along with all mutants – are incarcerated in concentration camps.
In response, an older Kitty Pryde transfers her mind to her younger, present-day self to forewarn the X-Men about the horrors that await them, and the political assassination that triggers it all.
This means that the movie could potentially tell parallel stories – Godfather: Part II style – with the Bryan Singer X-Men of Patrick Stewart and Ian McKellen starring in the future story and the Matthew Vaughn cast of James McAvoy and Michael Fassbender appearing in the present (or past, depending on when they decide to pitch the timeline).
Obviously this is just speculation at the moment, and as with the previous X-Men movies, the filmmakers might just be using this concept as a jumping off point to tell their own story, but we nevertheless asked Singer if there would be any chance of crossover on this front:
“I think there’s a strong desire to broaden out the universe” he explained. “The X-Men universe is every bit on its own as big as the Marvel universe, and I think that it’s time to reach out and explore it and perhaps bring some connectivity between the films as Marvel has done so well. So, you may see some of that, I don’t know.”
Click on the video below to see the full interview, and let us know your thoughts on Days of Future Past in the comments below.
Source : feeds.ign.com
Singer exclusively told IGN that the script is being written now, adding “It’s going to be very ambitious. It’s called Days of Future Past and it deals with aspects of that comic but also some very new things but I don’t want to give any of it away. Matthew Vaughan will be directing and I’m totally excited about it.”
So what is Days of Future Past? For those who haven’t been following the X-Men for the last 30 years, it’s a storyline that was first published in 1981 and deals with alternate timelines.
Set in a dystopian future in which Sentinels rule the United States, the X-Men – along with all mutants – are incarcerated in concentration camps.
In response, an older Kitty Pryde transfers her mind to her younger, present-day self to forewarn the X-Men about the horrors that await them, and the political assassination that triggers it all.
This means that the movie could potentially tell parallel stories – Godfather: Part II style – with the Bryan Singer X-Men of Patrick Stewart and Ian McKellen starring in the future story and the Matthew Vaughn cast of James McAvoy and Michael Fassbender appearing in the present (or past, depending on when they decide to pitch the timeline).
Obviously this is just speculation at the moment, and as with the previous X-Men movies, the filmmakers might just be using this concept as a jumping off point to tell their own story, but we nevertheless asked Singer if there would be any chance of crossover on this front:
“I think there’s a strong desire to broaden out the universe” he explained. “The X-Men universe is every bit on its own as big as the Marvel universe, and I think that it’s time to reach out and explore it and perhaps bring some connectivity between the films as Marvel has done so well. So, you may see some of that, I don’t know.”
Click on the video below to see the full interview, and let us know your thoughts on Days of Future Past in the comments below.
Source : feeds.ign.com
Darksiders II Bonus Content Unlocked by Playing Darksiders I
Players of the first Darksiders will be rewarded with extra equipment when you play the sequel later this year, says THQ.
If you've just played the first game, you'll receive a level five legendary armour piece known as the Pauldron of the Horsemen, which increases all of Death's stats and critical damage in the sequel.
If you completed the original, you will get the rather awesome sounding Chaos Fang – a new scythe that increases Death's damage.
The items are unlocked based on the achievements/trophies you have unlocked in the first game.
The company said it wanted to reward our loyal community who has supported Vigil Games and THQ since the day Darksiders was announced".
Darksiders 2 is due later this year on Xbox 360, PS3, Wii U and PC.
Source : feeds.ign.com
If you've just played the first game, you'll receive a level five legendary armour piece known as the Pauldron of the Horsemen, which increases all of Death's stats and critical damage in the sequel.
If you completed the original, you will get the rather awesome sounding Chaos Fang – a new scythe that increases Death's damage.
The items are unlocked based on the achievements/trophies you have unlocked in the first game.
The company said it wanted to reward our loyal community who has supported Vigil Games and THQ since the day Darksiders was announced".
Darksiders 2 is due later this year on Xbox 360, PS3, Wii U and PC.
Source : feeds.ign.com
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