Sony Corporation has suffered a $191 million loss for the financial quarter ending 30 June, after sales of its flagship PlayStation 3 console dwindled.
At the same time last year the company had enjoyed an impressive $327 million profit.
The company reported a severe downturn in its number of PlayStation 3 sales, only shifting 1.8 million PS3 units. This compares to the same quarter last year where it managed to sell 2.4 million PS3 consoles.
Sony's Consumer Products & Services division -- the division that covers the company's PlayStation, T.V and camera devices -- saw a 13 per cent decrease in sales, dropping down to $9 billion in revenue.
Despite the downturn in hardware sales, the company did see a growth in games sales. Sony reported selling 26.1 million units, a 1.3 million rise over last year.
The company's portable PSP console also saw a 600K growth, with the company reporting 1.8 million PSP's sold -- though the console is still forecast to decline as its recently announced PlayStation Vita's release approaches.