Aiemond said:
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? |
According to Sony, losses are slimming. Loss per system sold is alot less now than it was at first. Granted, Sony's still losing money with every system sold, but that's because the systems cost alot more than an Xbox360 or Wii to make and Sony is trying to sell it for a price fair to consumers. I think Sony will find a way to cut the losses and make profit, but honestly I don't think it will be quite quick enough to make PS3 as relevant as Sony wishes in this generation.