http://www.ign.com/articles/2014/05/01/sony-adds-200m-in-expected-losses-despite-ps4-success
Sony has revised its expected losses at the end of the financial year, saying it'll lose nearly $200m more than it originally expected.
Games Industry explains that the company is now predicting a net loss of ¥130 billion / $1.27 billion where in February it forecast a loss of ¥110 billion / $1.07 billion. Moving back further, at the end of the last financial year it expected a ¥50 billion / $489 million profit.
Despite the PS4's continued success and strong sales, the company is still not looking great. It's attributed the changes to the unforeseen expenses tied to the decision to sell its PC business that it announced in February. Its PC sales for the fiscal year just ended on March 31 are said to have been lower than anticipated.
A Sony statement reads, "Consequently, Sony expects to record write-downs for excess components in inventory and accrual of expenses to compensate suppliers for unused components ordered for Sony's spring PC lineup.
"In addition, certain restructuring charges are expected to be recorded ahead of schedule. As a result of these factors, an additional total amount of approximately ¥30 billion in expenses is anticipated to be recorded in the fiscal year ended March 31, 2014."
Other issues come from the shrinking demand for physical media, especially in Europe, which has had negative impacts on its disc manufacturing business.