Perry: "Sony has no chance of making money on the PS3"

[jman8]

ssj12 said:

jman8 said:

 

Where in the article does it say that the game division is doing better than most others? It doesn't. The game division is doing terribly. They only posted a $51 million profit last quarter and that was with the release of MGS4, GTA, and GT5:P. It was the other parts of Sony that pulled in the other $275million. This quarter they'll probably lose money in the gaming division w/out any major software releases except Madden and maybe Star Wars. However, last quarter's results are promising in the sense that the games division is on the right track. Without a doubt, the holiday season will see a huge profit. And it does appear that the division is on track for meeting Kaz Hirai's goal of making the PS3 profitable by March '09. Once the PS3 reaches that point, the games division will start bringing in serious money and will help prop up Sony as a whole.

People have been predicting doom and gloom for Sony for ages. In the PS1 and PS2 era, Sony survived largely b/c of the game division. During the launch of the PS3 when the division was bleeding rivers of money, Sony was still very profitable b/c of its TV division. Pretty soon the game division will start taking up the slack again. Sony's diverse products means it's going to be around for a long time coming.

What? no major releases this quarter but those two? With R&C on the PSN? The quarter ends at the end of September.

Releases:

PSN:

Ratchet and Clank: Quest for Booty

Movie Rental service

Warhawk: Fallen Star

 

Retail:

Silent Hill: Homecoming

 

That's a joke right? No way any of those games you mentioned will sell anything close to MGS4, GT5:P, or MGS4. Those 3 single games sold 8 million+  last quarter. That's $500 million worth of software at retail.