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While much of this generation has seen Nintendo riding high on waves of cash and Sony struggling to make their game division profitable, these roles seem to have been somewhat reversed. Despite the fact that Sony’s game division is still losing money, they’re losing much less than they were just last year. According to Gamasutra, last year the PlayStation division reported a loss of $422.1 million. Things have improved significantly this year, considering they are reporting losing only $43 million in their first financial quarter of the year. This turnaround is thanks, in part, to increased PS3 console sales year over year.  However, at the other end of the spectrum is Nintendo. Having reported a $288.4 million loss in their first financial quarter of this year comes in stark contrast to last year, which saw the company making a $483.7 million profit. The contributing factors to this drastic decline are said to involve the strong yen, reduced DS hardware sales, and a slip in Wii software sales. However, the 3DS should help to take care of their slumping portable hardware sales once it is released. |