Stringer: PS3 No Longer On "Life Support"

[rocketpig]

PooperScooper said:

rocketpig said:
It doesn't make much sense to translate this statement into "PS3 is now breaking even or turning profit". That's not what Stringer meant.

Sony turned a somewhat significant loss in the last quarter. With an obviously profitable PSP and PS2, it has to be the PS3 that is dragging them into the red.

I think this is a sign that Sony is now seeing a path to profitability and that they're confident in current sales trends, nothing more.

It doesn't have to be anything. That is purly speculation on your part. They could have spent money on things we don't even know about.

Lets wait till July to see Q1 financials.

(*PSST* I'm saying Sony could have pulled a MS and put their spendings in the last quarter of a bad year to make up comming quaters look more profitable)

What else could possibly be dragging them into the red?

They list hardware units manufactured, total sales, almost everything that could constitute a loss to the tune of $280m. On top of that loss, you have to factor in the profits from the PS2 and PSP.

There's absolutely no way those losses are coming from anything other than the PS3, unless they have a super top-secret project in the works that costs them ~$500m a quarter (which would basically have to mean a new console or PSP).

Let's just call that... Unlikely.