DOWN PERISCOPE: Sony to drop PS3 to 299$

[NJ5]

rukusa said:

NJ5 said:

I don't think it would be short-sighted at all for an investor to disagree with such a price cut. The PS3 is already beyond the point of realistically being able to make a net profit for Sony (see note below). Therefore, they must try to keep losses at a minimum from now on, and doing 3 price cuts in a timeframe of few months is either no way to do it, or a very controversial way of doing it!

Note: If you want proof of the above claim, here it is; the PS3 has already lost more money for Sony than they ever made with the PS2. There was a thread proving this, based on official data taken from Sony's fiscal reports.

 

(rolls eyes at the first bolded sentence of pessimism, plus the note that isn't actual proof.)

Sounds like ludicrus to me. For one territory, it seems possible with the likely suspect being the states I can see them suffer a large loss there.

Otherwise, no... just... no.

Feel welcome to post the findings here from that mentioned thread though.

Not going to happen, since the search function doesn't work. The financial reports are always total figures, not territory-based, so forget that theory.

If you really want to be sure, you can visit Sony's financial page and download the reports, they're public:

http://www.sony.net/SonyInfo/IR/