StanGable said:
I also laughed my ass off when I read this. FYI buddy http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=9054798 Oh, I also laughed a lot at the comment that Sony can lose billions on the PS3 and make it up with Blu-Ray. If that's the case then so can Microsoft who's profits are waaaaaaaaaaay bigger than the PS3. Also I find it funny that he thinks MS' shareholders would not be willing to lose money on the Xbox yet Sony shareholders are willing to spend it all. You need to stop being a fanboy and start cultivating yourself with knowledge. I propose you start reading at least the Money section in a big newspaper like USA today so you can start cultivating your mind with knowledge. Whenever you're more informed you can move up to something like maybe the Economist but that might take a few years, ha! |
Maybe I did not expressed myself properly. It's not like Sony investors are willing to loose lots of money on the PS3 while MS investors are not willing to loose any money on the 360.
It's more like this:
- The PlayStation business is still at a profit, so PS1 and PS2 are paying for the PS3 losses - Xbox business is down $7B lifetime, investors never seen a profit from it (except last quarter's $200M or so)
- Selling lots of PS3s (even at a loss) brings Sony lots of advantages in the near future. If blu-ray wins the HD format war Sony will make billions of dollars from blu-ray media in the next few years. Analysts know how much the HD market is worth. Why do you thing Sony and Toshiba put so much fight (and money) into it? Just for fun?
- So, if another PS3 price drop (and more losses) can help Sony win both HD and console wars then Sony is in to cash a lot in the near future. I don't know how the 360 can bring that kind of cash into MS, do you? Investors look at the potential for future profit and I think the PS3/Blu-ray win hands down over the never proven Xbox business.
I think Sony believes the PS3 can help them finish HDDVD for good and so they are trying to give it the final punch to the format wars.
Also don't forget that even today Sony is giving $100 back on a PS3 (sony card) and 5 blu-ray movies. Both offers end by the end of January so they can afford another price drop.
Regarding your comment about reading Money/Economist, it's pretty lame. How do you know I don't?
