| makingmusic476 said: That depends entirely on the criteria being used to determine the console's success. Comparing the PS3 to its predecessors would lead one to say it's definitely failed to live up to expectations, but looking at the PS3 in a vacuum could lead one to say it's been fairly successful. |
If the PS3 had been Sony's first attempt to enter the video game console market it would be considered a relatively expensive but successful enterprise, in a vacuum. The opportunity cost of a bad attempt and a good attempt is about $6-10B in the red relative to the profitability they would have had if they'd continued with the success of the PS2. That is comparing a profitable hypothetical console with one which isn't.
If you consider factors outside of the PS3 then you'll have to consider the wider implications. How much capital has be siphoned off on this white elephant? Have they conceded the OLED television market due to lack of capital given the recent announcement of the LG 55 inch OLED TV? How much of the credit downgrade was due to the losses of the PS3 and how do you rate the extra cost in financing said debt? What other projects have the shelved or put on the back burner simply because of a lack of funding?
Tease.
