The PS3 is arguably the biggest fail in gaming history. It evaporated all PS2 profits.
Lauch ps3, yeah, they lost lots of money. Most likely playstation lowest moment ever, but after ps3 slim sony managed to make profit and started to regain market and, in the end, ps3 managed to put sony in a great place ( even before ps4 sony was the one selling more consoles, at the end of wii life to this moment.)
Sony lost money on ps3, fact, but money isn't everything. Ps3 was a console whit amazing sales and games, it manage to recover from the "wrost console" and " sony is doomed" and sold over 80M ( never before a console managed to make such recovery, it surpassed x360 sales and managed to hit 80% of wii sales). it's far from the biggest fail ever, I even dare to say it did much better than many nintendo consoles and the OG xbox.
About sony greatest mistake... start a pissing contest with samsung in the electronics market, especially in the TVs and cell phones market. They never had a chance, samsung was sponsored by the korean government, fighting with samsung cost millions for sony.
Last edited by Manlytears - on 09 March 2018