The Horrible Mismanagement of Sonys Worldwide Studios

[DepthAlly]

logic56 said:

DepthAlly said:

Well actually some of that does. Their TV's, computers and gaming are part of the same division and saw a $2.8 billion loss in the last year, which included a drop in hardware sales for PS3, PSP, and PS2. Also, software sales for PSP and PS2 dropped (though expectedly). PS3 software sales were the only sales that went up. Also, speaking more recently, the Vita is having trouble picking up in sales, not to mention it's being sold at a loss.

http://www.digitaltrends.com/gaming/sony-posts-record-5-74-bil-annual-loss-playstation-division-reports-2-8-bil-loss/

apart of the same divison =/= gaming is losing money

add that to the fact that following those loses Sony broke up that division and put gaming all by itself and making it a core part of their business, now ask yourself, if that part of the division was losing money why would they do that?

I already said sales for the "gaming" side of things is down and the the Vita is losing them money.