MikeB on 19 November 2009
@ Avinash_Tyagi
If you don't call financial and marketshare losses a failure then I don't know what you'd define as a failure
Large scale investments were anticipated (not the weak dollar though, making matters worse than anticipated for the states).
Their CFO even stated that if they would have allowed the PS3 to sell more in the past, their losses would have been greater. Sony anticipates to generate profits on the PS3 for 2010, if the PS3 was a failure for Sony can only be judged at the end of this generation and not at the beginning. And of course one will have to take into account the big picture as well (earlier than anticipated Blu-Ray movie victory, additional HDTV sales, etc)
