Kotaku writes: "Pricing the PlayStation 3 below its production cost caused Sony to lose $2.16 billion in 2007 and $1.16 billion in 2008, the company revealed today.
Sony's fiscal 2008 annual report delineated potential risk factors to its investors, outlining that "the large-scale investment required during the development and introductory period of a new gaming platform may not be fully recovered." The loss figures were provided as an example of the "significant negative impact" introducing a new platform can cause at first.
"In the past, large-scale investment relating to capital expenditures and research and development for the manufacture of key components, including semiconductors supplied for [PlayStation 3] was also recorded within the Electronics segment," the company said."
BLG writes, "Some of the most popular games have had a rough start, with some of them being downright unplayable.
Despite that, developers have managed to turn it around for them and make their game worth playing. Here are some games that had a rough start but were pretty great."
Sea of Thieves... I'm not disagreeing that the game has improved in terms of content. But I feel that the most significant change between now and its release is actually the public perception. Nowadays, most people are aware that the game is a multiplayer PvP-focused experience first and foremost, and not "Black Flag made by Rare". Consequently, people dismissing the whole experience because the single-player aspect is lacking or the story is plain are much less common.
Richard writes: "Now was the right time to release the Fallout 4 Xbox Series X|S update. It just could have been more."
They aren't going to give more. We are talking about a company that has rereleased an 13 year old game at least 5 times.
Things are heating up in May a bit with Senua's Saga: Hellblade II, the Paper Mario TTYD remake, and a ton of promising indies. We pick the most interesting May games, from AAA to indie, so you can make sense of everything coming out.
Doesn't seem to be that bad of a month. Got a bit of something for everyone.
Please do not support braid anniversary edition. Don't support Phil phish, he's a very despicable person, a a cry baby.
One example
https://youtu.be/yKUGwlFJAH...
"The loss figures were provided as an example of the "significant negative impact" introducing a new platform can cause at first"
yeah, at first, but once there is an install base and games the profits begin to flow!!!
this is true regardless of console, it takes money to make money!
To me that sounds like Sony is about to close the doors on the ps3 all together. WOW, that' is bleak.
heck the 360 and xbox as a hole only started making money once Halo3 was released.
This stuff is to be expected, same with the ps1, same with the ps2.
it shouldnt matter to use anyway. when you drink milk you dont care how the Cow is doing
I can't believe you see this as good news. This means no matter what Sony is going to have a hard time pulling money from investors now. No marketing, no new IP, no obtaining exclusives, none of that. this is not good.
$5 billion over 2 years is NOTHING to big companys like sony
its not like this hasnt happened to every system ever made.... that isnt the wii.