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Sony console sales slow, software grows

Slowing hardware sales dragged down Sony's gaming sales for the second quarter of 2012 ended September 30. While the company said interest in PlayStation Vita partially made up for losses for PlayStation 3 and PlayStation Portable, it has revised its total projected portable hardware sales for fiscal year 2012 from 12 million to 10 million.

The company's game division brought in ¥148.2 billion ($1.85 billion) in the second quarter, down 14 percent when adjusted for inflation from ¥176 billion in the same period last year. Sony's games division maintained a slim operating income of ¥2.3 billion ($29 million), which is also down from last year's ¥3 billion.

While sales for PlayStation 2 and PS3 combined shrank from 4.9 million to 3.5 million from this period last year, PSP and Vita sales declined just a bit from 1.7 million to 1.6 million. Software sales, on the other hand, enjoyed modest improvements: 41.4 million PS2 and PS3 games sold this quarter compared to 40.2 million last year, and PS Vita and PSP games sold 8.7 million copies, up from 8.2 million.

The company overall reported increased revenues and reduced operating losses, likely owing in large parts to restructuring and the planned reduction of its global workforce by 10,000 employees.

Connor Sheridan

I got a BA in journalism from Central Michigan University - though the best education I received there was from CM Life, its student-run newspaper. Long before that, I started pursuing my degree in video games by bugging my older brother to let me play Zelda on the Super Nintendo. I've previously been a news intern for GameSpot, a news writer for CVG, and now I'm a staff writer here at GamesRadar.