jarrod on 02 November 2009
| ZorroX said: ^^ Actually no, http://vgchartz.com/forum/thread.php?id=90950 We're only bringing this up because it looks like the losses are gong to disappear shortly. Sony Chief Financial Officer Nobuyuki Oneda told a press conference in Tokyo today that Sony has managed to get its PS3 losses down to somewhere between 10% and 20% of the system's retail price. It expects that figure to fall into the single digits before the end of the year, then turn into a profit some time during the next fiscal year. |
SCE execs have been pushing the "profitability next year" line since 2007. Don't put all that much stock in it.
I think we may see division profitability sometime next year, but that'd mean foregoing a price drop probably. Which was originally the plan for this year.
And then, there's also the $5 billion in debt racked up already they'll need to recover from. That's going to be slow and probably painful...
