Sony (SNE) Q1-09 June Quarter Earnings Call Notes
August 1st, 2009
$16.7 billion revenue (-19% y/y) vs. $19.2 billion estimate, -39c loss vs. -69c estimate
PS3 units 1.1M vs. 1.6M last year, PSP units 1.3M vs. 3.7M last year
PS3 games 14.8M vs. 22.8M last year, PSP games 8.3M vs. 11.8M last year, PS2 games 8.5M vs. 19.3M last year
25.78 billion yen profit ex-Ericsson losses
LCD TV units up 3% y/y to 3.2M units, sales -24% y/y
Q&A
PS3 cost reduction now at 70%
Adding the games business into the Networked Product and Services division
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