How much money Sony really lost with the PS3

[Scoobes]

Mr Puggsly said:

Scoobes said:

They didn't have to though. If they didn't overengineer it so they had a ridiculous selling price at launch it almost certainly would have sold more and generated far more revenue and profit. Sony shot themselves in the foot yet they still managed to sell a decent number of consoles and stay relevant in the market.

And they had to sacrifice billions of dollars for that to happen.

The PS3 couldn't have sold a decent amount or remained as relevant without massive price cuts. The 360 was offering similar graphics and most of the same games, that forced Sony to sacrfice more money to get attention.

They sacrificed the billions before Microsoft forced them into it. Sony were stupid before they even realised that Microsoft and Nintendo were going to give them actual competition this gen.

They may have dropped the price of their console faster than they would have done (arguably they would have had to even if Microsoft didn't have a console considering Nintendo completely trounced them early in the gen), but they also reduced costs by removing features (backwards compatability, less USB ports, no memory card slots) to offset that. By that point, most of the damage had been done. 

Seriosuly, if Microsoft gave up last gen, Sony would still have taken heavy losses on PS3.