Sony Q2 FY2011 Earnings (PS3 3.7m / PSP 1.7m / PS2 1.2m)

[hudsoniscool]

thismeintiel said:

kowenicki said:

SOLIDSNAKE08 said:
sony have been bleeding money for years now and they're still here! get over it people!!

Sony Corp profit/loss history:

1996: Profit

1997: Profit

1998: Profit

1999: Profit

2000: Profit

2001: Profit

2002: Profit

2003: Profit

2004: Profit

2005: Profit

2006: Profit

2007: Profit

2008: Profit (record profits)

2009: Loss

2010: Loss

So its actually a relatively recent phenomenon and they had record profits as recently as 2008.

Thankfully, Sony, unlike their "fans", realise that they need to do something different. 

They are cutting deep, restructuring and trying a different way.  They understand that a lot of their business practices and models no longer work.

I highly doubt any fan would disagree that they need to do something different.  However, the last couple years that has nothing to do with the PS3, something this website focusses on.  It's mainly their lower LCD TV and laptop sales, coupled with a horrible exchange rate for the dollar and euro against the yen, that is the reason for the losses.

ya i agree. 4 or 5 billion dollar loss on 1 product isnt very much.