PS3 to turn a profit soon

[TWRoO]

RolStoppable said:

TWRoO said:
To me it sounds like they are hoping for profitability before April 09, which is actually in line with one of their earlier comments... If they are unsure whether it will happen in the next fiscal year at all then there is no way it will happen as early in the year as April 08.

However I don't see how that is a bad thing... I mean assuming Sony are being optimistic as usual, I would guess they might start profiting on hardware some time in Summer-Autumn 2009... This is a lot faster than PS2, which only started being profitable in 2005. Oh and "fiscal 2008" is what we are in now, so the Sony statement was in reference to Fiscal 2009, but as they are being optimistic it probably wont be till fiscal 2010 when profit is made [fiscal 2010 starts in April 2009]

Sony is currently in their fiscal year 2007. It might be confusing since most other companies call the same time period their fiscal year 2008.

I know, I just found that out.... seriously gets confusing as many companys seem to have a different time period for the fiscal year.

most start April 1st (Q1), and it is named by the year it finishes in, I believe MS uses July 1st as the fical beginning, and I guess they also call it by when it ends (so are currently in fiscal 08)... Sony it seems use the normal reporting time frame, except name by the year it starts in.

And if i remember correctly Apple has a fiscal year starting October 1st..... why is there no standard?

The quarter we are currently in is Q4 2008 for Nintendo, Q4 2007 for Sony, and Q3 2008 for MS.... blast them all.

 

Edit, @whatever; good point, so maybe the hardware will never turn a profit like with the x-box?