NJ5 on 25 August 2009
As always, it pays to look closely at PR statements. This case is no exception... the first time I read his statement, I missed the "gross profit" part. Well spotted TheBigFatJ!
So what he's telling us, is that if Sony didn't have to pay its employees their salaries, AND if they could evade taxes and other overhead such as interest payments and shipments, Sony's gaming business would be profitable.
Fair enough, but that does mean they still have a long way to go to profitability, since SCE employs around 5,000 people if I recall correctly.
My Mario Kart Wii friend code: 2707-1866-0957
