Sony FY 3/09' Results, FY 3/10' Projections Coming May 14

[taxman]

DirtyP2002 said:

Here are the results of Sonys Gaming division for the last couple of years:

• FY09: $600 million loss
• FY08: $1300 million loss
• FY07: $2400 million loss
• FY06: $90 million profit

In the last 4 years Sony reported a $4.21 billion loss.

We do know that the PS2 was profitable for all the years I listed. The PSP probably was at break even-point in 06 and profitable since then.

So the losses made happened because of the PS3. The losses made with the PS3 are really insane when you think about it. We have $4.21 billion reported, but that is not all. You have to add the profits made with the PSP and the PS2 for 4 years. In the years 03 - 05 Sony reported a combined profit of $2.3 billion USD.

So a total loss of $6 billion just for the PS3 is likely. Think about 6 billion USD for ONE single product. That is huge.

I know this is the ultimate of spins but....

It just shows that Sony actually pays out of its own pocket for PS3 owners to enjoy their product.