Sony loses 3.3 billion on the playstation 3 game console
I did not know sony would take such a hit. It just shows how much money a company can lose and still keep fighting. 3.3 billion is a lot of money to lose. I have read it is common to lose money on the console itself and then make it up on the games. Microsoft I think also took a nice sized hit on the Xbox 360 game console. But Microsofts game console did not cost them to lose this much that I know of.
I still find it hard to believe 3.3 billion.
The Playstation 3 game console is very nice and has great graphics. But even at 60-70+ bucks retail price for each game(it varies) can they make up 3.3 billion that the Playstation 3 console lost and then turn a profit? Sony is a bit worried and so are investors. Maybe Sony should have waited to release the Playstation 3 when the costs of the CPU and graphics cards that go into it were cheaper.
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June 27th, 2008 at 6:34 am
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June 29th, 2008 at 12:29 pm
[...] admin wrote an interesting post today on Sony loses 3.3 billion on the playstation 3 game console. Here’s a quick excerpt: [...]
June 29th, 2008 at 8:32 pm
How do they loose that much money on the console. Are they just not selling enough of them? Maybe they shouldn’t charge so much for them. They could knock a little off and I bet they would sell a lot more of them.
July 21st, 2008 at 7:50 pm
Eliot, They are already losing money on the console. Thats why they’ve lost 3.3 billion.