Xbox 360 Vs. Playstation 3 2012 - *February* Update

[Alby_da_Wolf]

Adinnieken said:

Alby_da_Wolf said:

thismeintiel said:

ZaneWane said:

Alby_da_Wolf said:
Losses of Sony division that makes, amongst other things, PS3, aren't due to PS3 price cut, but to TVs losses and expensive acquisitions.

what would u call this then   http://www.gamasutra.com/view/news/38323/PS3_Price_Drop_Leads_To_Sony_Q2_Losses.php 

I would call that a site taking one sentence in Sony's financial statement and spinning it for a headline, hoping for more hits.  If you actually read it, it states the main reasons for the losses in bold at the beginning, which are the foreign exchange rate, the flood, and poor LCD TV sales.  There's only one mention of the PS3 price drop later, which leads me to believe it only decreased profit, and was not a major cause of any losses.

THIS. I searched Sony's financial statement too, and I can mostly confirm what you wrote. PS3 reduced revenue caused losses from other products and from acquisitions to be offset less than in the past, but PS3 isn't "producing" losses, it offsets them less than before the cut, but it's a completely different thing. The end result of the whole division losing is true, but PS3 isn't causing losses anymore (except obviously those accumulated before) since it broke even during Spring 2010.

Again, wrong!  Read my response to thismeintiel. 

1.  You didn't search Sony's financial statement.  If you did, you didn't actually use the right criteria or actually look through the document to find the information.  It's there, as I posted.  Page 20 in the PDF of F-8 in the document.

2.  There was a 7.7% loss for the quarter (attributable to the price drop as per Sony's financial outlook) and a 9.6% loss for the year up to that point (two quarters in Sony's fiscal year).  A loss cannot offset losses in other divisions, it only adds to them.

I read it again and it doesn't say what you think it's saying. 7.7% lower revenue means 7.7% lower revenue, not 7.7% loss. Because of reduced revenue (and surely reduced profits, but not necessarily turning from profit to loss) in one of the sectors that were profiting, added to losses in TVs and PC, and costs for acquisitions, the overall losses increased.

Maybe you too should read it again.