PS3 Causing Sony to Lose Massive Amounts of Money
By Andrew on Tuesday, May 15th, 2007 at 10:53 PM PST In Game Companies, Game Consoles, Games Industry, Sony, Sony
Who would have thought a six hundred dollar console wouldn’t sell that great?
According to VGChartz, the Nintendo Wii is outselling the PS3 two to one, and Sony will post its biggest losses in four years. I know, I know, it’s shocking.
What’s hilarious is that the losses are expected to be so huge that they’re going to offset profits from Spider-Man 3. This is a film that has grossed $240 million, and they company recouping most of its profits is still going to be losing money.
Way to go Sony.
