Sony Corp. this week recorded a third quarter profit in the company’s game division but decreased its forecast for slumping handheld sales.

This week, Sony said the game division held an operating profit of $49.3 million, down 86 percent from the year prior.

It sold 6.8 Playstation 3 and Playstation 2 consoles in the quarter, down from 7.4 million one year ago. It forecasts 16 million hardware units sold in the fiscal year.

The Playstation Vita and PSP sold 2.7 million units combined in Q3. However, the company slashed shipment forecasts for the handhelds to seven million units by the end of fiscal Mar., down from a forecast of 16 million units.

Console software sales declined to 61.7 million from 68.7 million one year prior. Handheld software sales fell to 8.9 million from 11.4 million.

The entire Sony business held a net loss of $115 million in Q3, down from a $1.7 billion loss the year prior.

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