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Sony Eyes PS3 Profitability

IGN: "PlayStation 3 has been out since 2006 and has sold millions and millions of units. Would you believe that Sony has been taking a loss on each of those systems sold?

We're only bringing this up because it looks like the losses are gong to disappear shortly. Sony Chief Financial Officer Nobuyuki Oneda told a press conference in Tokyo today that Sony has managed to get its PS3 losses down to somewhere between 10% and 20% of the system's retail price. It expects that figure to fall into the single digits before the end of the year, then turn into a profit some time during the next fiscal year. "
Rowland - contributor
Published: 56 days 16 hours ago | Article | PlayStation 3 | Industry News
 
 
 
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