Kinect featured on Fox News today.

[MaxwellGT2000]

Mr Puggsly said:

TheFlyingDutchman said:

Mr Puggsly said:

johnglen said:

This "500 million in advertising" memo is getting old extremely fast. Sony spent more than 300 million relaunching the ps3 with slim (over 150 million just for Europe) and we weren't reading about it in every thread and we are talking about sony, a company with huge financial problems.

 

So true. Sony fans go on and on about how MS spends their money.

Yet they pay no attention to the PS3 being the biggest financial failure ever in gaming. Didn't they basically lose everything the Playstation brand earned?

No, you're just acting stupid.

Well this tells me they probably did...

 

2006 to 2010 wasn't just PS3 losses. That's also pissed away the PSP and PS2 earnings.

Mr. Puggsly is right on this one they've essentially thrown everything away that their gaming devision ever made, profit wise, the PS3 will be even harder to recoup money since not being market leader means they can't get away with charging as much for royalties as they did on the PS2.

I don't believe they went into the red overall but they're essentially starting to square one again, hopefully they realize why you don't sell your console at a loss with technology that will take a lot time to become financially viable for a consumer price.  

Though it is worth noting since the restructuring the games division has apparently started to make Sony money again its just now they're bundled in with other divisions, though unless Sony gives detailed reports on departments, then we'll know nothing for certain, mainly how well the company is doing now and if they can recoup some of their losses.

So this doesn't turn into a big deal @ theflyingdutchman drop it, it's not going to go anywhere and Puggsly brought in the facts.