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sony most likely doesn't pay production costs in dollars, most of the parts for all consoles are produced in south east asia. not sure on the cell i think ibm has their fabs in us, but i'm not sure if sony lets ibm produce all cells for them or if they also use fabs for hire (like TSMC who produces the gfx chips), or does sony even own a processor fab that can do 65nm soi process?
so a low dollar probably hurts sony in us market, but probably doesn't help them in european market unless the euro is also at a high standing compared to the yen.