PS3 production costs decreasing 70%... does that mean it's profitable?

[NJ5]

Slimebeast said:

But look what you said in March:

NJ5 said:

I see a lot of companies and analysts jumped on the price cut bandwagon... I don't understand why virtually no one outside of these forums has actually calculated the impact on Sony's finances. Do people really understand the realities of the hole Sony is in?

Maybe if the dollar/euro strengthen a bit we could see a price cut in the holiday season... but even that is a bit of a stretch IMO.

 

http://vgchartz.com/forum/post.php?id=1899531

 

 

Haha well caught, it seems I flip-flopped... because I was going by Sony's statement to investors that they were looking for profitability in the games segment. Then in April Sony made their 13 million PS3 forecast and I was back on the price cut bandwagon.

BTW I still think Sony will be in trouble again if the recession is worse than most people think now... but I can see that the price cut was needed for the PS3 to be viable.