In its quarterly report, Sony Corp has once again cut the full-year sales forecast for their portables - the Vita and the PSP. The devices are expected to sell 10 million units rather than 12 million as predicted back in August till the end of the fiscal year in March 2013. Sony also noted a decline in sales of their home consoles, the PS3 and PS2, however the company firmly sticks to its prediction of 16 million units sold till the end of the fiscal year. Sony Corp suffered from a year-by-year decline in revenue, but there is a light at the end of this tunnel. If Sony's numbers are anything to go by, software sales have picked up from 40,2 million to 41,4 million - a modest, but noticable increase. Sony has also posted a small operating profit in the July-September period, analysts suggest that it was inflated by the sale of various company assets, including its chemical business to the state-backed Development Bank of Japan. It would appear that the company has intentions to get rid of any sectors that are considered risky to make a rapid turn-around. Apparently the recent purchase of the Gaikai cloud gaming service back in July did not chip the company's wallet as much as one would expect. Analysts predict that if the company sticks to its current policies, a full-year profit of 107 billion Yen is within reach. The holiday season is still slated to be Vita's chance to shine, and with titles like Assassin's Creed: Liberation, Need for Speed: Most Wanted and Call of Duty: BlackOps - Declassified, it's understandable why the company thinks so. Whatever we may think of those particular games, these franchises have always sold well. The prepared bundles might also give the system the well-needed boost. Source: Reuters #1, Reuters #2 Do you think that Sony's heading in the right direction, getting rid of the ballast of businesses that could be replaced by simply ordering given parts or chemicals rather than producing them themselves? What would you like to see from Sony in the upcoming quarter? Any expectations for the holiday season? Discuss!