PS3’s Pricing Has Lost Sony More Than $3 Billion
By Chris on Tuesday, June 24th, 2008 at 11:42 AM PST In Game Companies, Game Consoles, Game Platforms, Gamer Life, Sony, Sony
If you’ve complained that the PlayStation 3 costs too much, just know that even at the high prices Sony has been selling them for, it’s still lost the company more than $3 billion — more specifically, $2.16 billion in 2007 and $1.16 billion in 2008. That’s a pretty hefty chunk of change, no matter how big a company you are.
Kotaku reports that Sony’s annual report for the 2008 fiscal year points out that “the large-scale investment required during the development and introductory period of a new gaming platform may not be fully recovered.” That’s certainly not something shareholders want to hear.
“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 report said.
You can read more about the report on Kotaku.
Lolz why don t they give me money instead of waiting it in a ps3 then ? i’d make use of that Gold
Really feel pity for the people who made MGS4 here. It looks like such a spectacular game, but the sheer price of the PS3 is just terrifying, even to a die-hard MGS fan.
“$2.16 billion in 2007 and $1.16 billion in 2008.” so it seem like they are losing less each year on the PS3, right? So by the time the PS3 end’s its life cycle then they might come out on top. And does that mean in 2009 they will lose less then 160 million?
Housemaster, it’s only halfway through 2008, and they’ve lost over half of what they did last year. By christmas, their losses will probably be even greater than those of last year.
I’m only buying a PS3 for MGS 4.