PS3 a faster money sink than the Xbox? I can see why no price cuts soon.

[Bodhesatva]

Username2324 said:
You know that doesn't mean that the PS3 is still losing money, a few months ago we found out they were just about cutting even on the 40GBs.

In any case, hasn't the 360 lost like 7 billion not including all of the R&D?

 

This is all incorrect. The 360 has lost ~2.5 billion for Microsoft, and has now posted profits of ~550 million over the last 3 quarter. Second, the PS3 is not about cutting even, according to Sony, they are still losing ~130 dollars per PS3 shipped (although analysts estimate it could be even more).  

 http://www.ps3fanboy.com/2008/05/15/sony-could-be-losing-much-more-than-130-on-every-console-sold/