Just in case you missed this yesterday... From GameDaily Biz:

"Sony today revealed that through the fiscal year ended March 31, the company shipped about 5.5 million PlayStation 3 units and sold around 3.6 million of those. 13.2 million units of PS3 software were shipped. The expensive console took its toll on Sony's bottom line, however. For the year operating income plummeted 68 percent from 226.4 billion yen to just 71.8 billion yen ($608 million). Sales and net income, however, were up 10.5 percent and 2.2 percent, respectively. Total sales amounted to 8.3 trillion yen ($70.3 billion) and net income was 126.3 billion yen ($1.07 billion)."

The gaming division took a sound pummeling with operating losses of 232.3 billion yen. Ow! On the positive side the company was able to improve the operating income of PSP because of cheaper productions costs. Phew!

Bloodied but unbowed, Sony is predicting better things for this fiscal year - to the tune of 320 billion yen profits. "The PS3 business will really get off the ground this fiscal year," said Corporate Executive Officer Nobuyuki Oneda, a pair of fingers tightly crossed in his suit pocket.