CNN Money-The PS3 is a Sinking Ship

[Aiemond]

naraku2099 said:

Press_the_Button said:
The CNN article is spot on in all 3 points really.

It's increasingly my view that Sony should discontinue the PS3 and refocus this gen on the PSP (only because the handheld is at least half way successful and probably profitable per hardware unit sold too).

Then they can buy themselves time to learn lessons from the PS3 disaster, stop the massive losses in the console business and if they are so inclined, launch a PS4 that actually has a chance at being profitable and successful in the same way as the PS2 was.

I doubt Sony will discontinue a system that has already sold nearly 18 million units. Also, stop calling PS3 a disaster. It's not a disaster. It's a system you dislike. That doesn't make it a disaster, failure, mistake or anything else you might negatively claim. I dislike Wii, and I think it fails to interest me alot, but I don't ever call it crap.

 

 

Disaster financially. Sony has lost tons of money on this system when it needed major profits in the gaming sector to balance out the losses from the electronics division. Face it, the company is in true financial peril: its bond rating has decreased, meaning it has to pay more for loans that will be harder to get, it has to sell its own bonds and hopes that this can raise them some money, it has had to lay off 16k from the electronics division and is in the process of evaluating every department for ways to make profit, even at the expense of research or market share. How is this not an unmitigated disaster?