Rumor: PS4 And PS Vita May Be Getting A Price Drop

[MikeRox]

gigantor21 said:

Nem said:

gigantor21 said:

If they had that kind of headroom for a price drop, we should've seen it get one a while ago. They've been losing millions on the Vita as it is.

What sort of nosense is this? Sony has not been losing millions on the Vita. They never sold it at a loss. It's one of the reasons why it failed.

That "nonsense" comes directly from their most recent financial reports:

http://www.polygon.com/2015/3/17/8231217/sony-playstation-financial-results-q3-2014

"The G&NS division's operating income increased to $228 million but was offset by a $93 million write-down of components for PS Vita and PlayStation TV. "This write-down was recorded because the latest forecast of PS TV unit sales does not reach our original forecast as a result of lower than expected unit sales in the current quarter," the document explains."

You know a "write down" isn't a loss right? Its mainly depreciation being stated because of overstated value in the first place.

In cash terms it means nothing.

Look at Tesco and Sainaburys reporting losses this last month. They didn't actually lose any money. They wrote down the values of their property portfolios. (A bi product being they no longer have to pay any tax for this last year)

The hardware itself has always been sold at/above what they paid to build it. That was why they didn't follow suit when Nintendo panicked and slashed the retail of the 3DS bleeding millions in the process.