I've been saying this was coming for a while...
" Sony's second-quarter profits have plunged 72 percent with a surging yen wiping out the benefits of solid flat-panel TV and PlayStation 3 game machine sales.
The Japanese electronics and entertainment company reported Wednesday net profit of $214 million for the period from July through September, down 71.8 percent from the previous year.
Revenue from Sony's hit movie "Hancock" wasn't enough to offset the hammering the maker of the Walkman portable player is taking from the strong yen.
A rising yen erodes the value of overseas profits for Japanese exporters like Sony."
It's going to be interesting to look at the numbers...Sony made about 20 million more than M$ EDD, so that's a bright side....I guess.
http://edition.cnn.com/2008/BUSINESS/10/29/japan.earnings.ap/index.html
This holiday season is going to be VERY ugly for Sony, but maybe they will do a price cut to help sales get boosted. I'm sure the extra cost of those bundles for LBP, and others won't hurt sales...
"...You can't kill ideas with a sword, and you can't sink belief structures with a broadside. You defeat them by making them change..."
- From By Schism Rent Asunder
