Nikkei: Sony expected to post $1.12 billion loss

[NJ5]

MikeB said:

@ NJ5

Warning for whomever wants to hear it or cares... Last I checked, this website is still about the performance of gaming companies :P

We already knew well before the PS3 was done and launched Sony would have invested a lot into the PS3 by now (many billions of dollars costs were already anticipated). That's one of the most important reasons why the PS3 is so appealing and games like Killzone 2 still are far from maxing out what is possible to achieve with the console.

However I think this news report regards Sony in total. A new slimmer and cheaper PS3 motherboard requiring less cooling as well as smaller cheaper Blu-Ray technology have been developed. Financially the PS3 is getting more and more interesting to Sony. IMO there's near to zero chance the PS3 will be discontinued in the upcoming years as past investments are already paid for and the PS3 market is headed towards profitability from which Sony will want to earn back money for many years to come.

I never said these losses are entirely due to the PS3... In fact most of it will probably come from the Electronics division (pretty obvious as most of Sony is in that division, and it's where demand should be the most down).