Wall Street Journal on Sony.... Ouch!!!

[Shadow)OS]

Kyros said:

That article is a very grim reality check to all those people still saying PS3 has a chance. And I still hear some people talking about a PS4...

You are funny. Yes they lost lots of money with the PS3. And a big part of that because they used it to promote BluRay. One can argue about the reasoning behind this decision. The emphasis here is on lost or past tense.
The gaming division will from now on be in the black, they will easily sell more consoles in the first 2.5 years before the price drops below 400$ than the failed Gamecube or XBOX in total and you talk about a referee counting?
There are three questions

1) Will they win this gen? The answer is no unless a miracle happens.
2) Will the PS3 in total be profitable? Probably not unless you add BluRay royalties and BluRay really gets going.
3) Will the PS3 be profitable from now on? Hell yes.

Seriously they lost lots of money and are now coming into the cash-in phase for their console and you are fantasizing about them going out?

And for the PS4? Yes there will be a PS4 and it will be cheaper. Cheaper to develop and cheaper to buy. That is sure.

They still do promote Blu Ray. If you haven't noticed, they've been advertising the PS3 as some sort of Home Media Center all this time up until now, where they've only started to shift focus into gaming.

In regards to Nintendo and Microsoft: Nintendo has always been profitable. Always. Microsoft? Do I even have to say how deep those pockets are? Sony on the other hand, as I've said before, has their fingers in too many pies.

There has been plenty of talk about company profits, net gains, future profits, and incurred losses in this thread before hand, so I'm not going to reiterate. Most evidence has already been laid out. If you read through the rest of the thread (since these are all new posts since last night), then maybe you'll have a better perspective on how things are going for Sony.

NJ5 presents some sound information and logic, so don't miss those posts.

Now...

1) Will they win this gen? The answer is no unless a miracle happens.

So they aren't going to be very profitable.

2) Will the PS3 in total be profitable? Probably not unless you add BluRay royalties and BluRay really gets going.

Oh, okay. You know that.

3) Will the PS3 be profitable from now on? Hell yes.

Will they recoup the losses they've sustained? Not a chance in hell. Will they even come close? Probably not.

So why do you think they'll enter their fourth generation?

Again I must state: Why do people think companies are immune from dropping out of the console race? Amidst a debt ridden, collapsing company, who's gaming division has provided them with irreovable losses (that wipe away the success they had the two prior generations), why would there be a PS4? Sony is not profitable Nintendo; Sony is not Cash Giant Microsoft. Sony is Sony, and Sony's in Shit.