Xbox 720 "not needed" right now, says Microsoft

[theRepublic]

CGI-Quality said:

ph4nt said:

So you like companies losing money on things they sell?

Selling the Ps3 at a loss was one of their dumbest moves ever (and still is) and has erased almost all the profits from the PS2 and PS1 eras, If you want to continue seeing Sony consoles, you better hope they start making money on their hardware from the get go.

The profits from the PS1 era haven't been touched from what I understand....

Going by this, if you add up the numbers starting from 2009 going backwards, you don't get a positive number until after you add fiscal year end 1999 (April 1, 1998 - March 31, 1999).  This means it takes all the profit of the PS2 and a portion of the profit of the PS1 to get back in the black.