Playstation 3 ALREADY profitable!!! Wow!!

Says Bloomberg: http://www.bloomberg.com/apps/news?pid=20601087&sid=aYWkGuoeuipo&refer=home

Clearing up the trouble made PlayStation 3 profitable several months ago, giving the company room to cut prices, analyst Doherty said. M********t still loses money on each X*** 3** it sells, he said.

``Any price cut they try to make puts them more into the red,'' Doherty said.

Im....speechless.

Says Bloomberg: http://www.bloomberg.com/apps/news?pid=20601087&sid=aYWkGuoeuipo&refer=home

Clearing up the trouble made PlayStation 3 profitable several months ago, giving the company room to cut prices, analyst Doherty said. M********t still loses money on each X*** 3** it sells, he said.

``Any price cut they try to make puts them more into the red,'' Doherty said.

mus1523

So, not only are the "competitors" losing money on each console sold, they're losing $1 billion on warranty extensions?

This is unbelievably good news. Unbelievably good.

500$ is still a lot to save up for though.GIJesse77

not if you have a job i hate ppl that complain about the price cause they dont have a job and cant pay for it its anonnying

I have to wonder how an analyst would know which companies are profitable and which ones aren't? And if Sony were profitable months ago, why wait until now to cut prices? I don't believe that the PS3 is actually profitable any more than I believe the 360 is or isn't.

The great thing is that at $499 the PS3 is starting to become a greater value.

A few years ago Kutaragi stated that Sony was aggressively making an effort to become less dependent on 3rd party components in their hardware. The goal was to have as many parts as possible in the Playstation (as well as other hardware) being made in-house to reduce costs. It is almost impossible to know how much each PS3 costs Sony to make.

Wow, great news, things can only get better from here I think. :DThe_Gunslinger_

Me thinks too.

[QUOTE="GIJesse77"]500$ is still a lot to save up for though.Crazy87

not if you have a job i hate ppl that complain about the price cause they dont have a job and cant pay for it its anonnying

[QUOTE="mus1523"]

Says Bloomberg: http://www.bloomberg.com/apps/news?pid=20601087&sid=aYWkGuoeuipo&refer=home

Clearing up the trouble made PlayStation 3 profitable several months ago, giving the company room to cut prices, analyst Doherty said. M********t still loses money on each X*** 3** it sells, he said.

``Any price cut they try to make puts them more into the red,'' Doherty said.

FireFalkon

In 2006 MS as a whole a made profit 12.6 billion dollars. 1.15 billion is alot for repairing 360s and refunding warranty is a lot. That is 1/12th of their income. Xbox1 project was a $4 billion loss. Also if MS is not profitable in the gaming industry then why stay. MS is not here to lose money they are here to establish a brand and make money.

Anyway i think the article is only addressing the blu-ray diodes. There's noway the PS3 is making money. If they're then why doesn't Sony drop the price even more. Sony doesn't even make that much with the PS2 as far as the system goes, so why are they trying to make money off the PS3. This is why i don't believe they're making money.

[QUOTE="Crazy87"]

[QUOTE="GIJesse77"]500$ is still a lot to save up for though.bdhoff

not if you have a job i hate ppl that complain about the price cause they dont have a job and cant pay for it its anonnying

I have to wonder how an analyst would know which companies are profitable and which ones aren't? And if Sony were profitable months ago, why wait until now to cut prices? I don't believe that the PS3 is actually profitable any more than I believe the 360 is or isn't.

The great thing is that at $499 the PS3 is starting to become a greater value.

bdhoff

I think that most companies report their profits for analysts to see. That is why they know everything before the public gets a hold of the information. Sony wouldn't have cut the price months ago when they started making a profit because they wanted to have some cushion. Why wouldn't Nintendo reduce their price if they have been making an enormous profit on each system. They could have completely demolished the competition.

And if Sony were profitable months ago, why wait until now to cut prices?bdhoff

Maybe to actually try to make some of thier money back that they lost before it became profitable? You really think companies are going to drop prices as soon as something becomes profitable?

[QUOTE="bdhoff"][QUOTE="Crazy87"]

[QUOTE="GIJesse77"]500$ is still a lot to save up for though.longhorn7

not if you have a job i hate ppl that complain about the price cause they dont have a job and cant pay for it its anonnying

[QUOTE="bdhoff"] And if Sony were profitable months ago, why wait until now to cut prices?SageJMP

Maybe to actually try to make some of thier money back that they lost before it became profitable? You really think companies are going to drop prices as soon as something becomes profitable?

[QUOTE="longhorn7"][QUOTE="bdhoff"][QUOTE="Crazy87"]

[QUOTE="GIJesse77"]500$ is still a lot to save up for though.bdhoff

not if you have a job i hate ppl that complain about the price cause they dont have a job and cant pay for it its anonnying

Just because one site doesn'trate a game as AAA doesn't mean it isn't a AAA game. Maybe not Motorstorm but Resistance is considered AAA material by most game reviewers.

go PS3

A few years ago Kutaragi stated that Sony was aggressively making an effort to become less dependent on 3rd party components in their hardware. The goal was to have as many parts as possible in the Playstation (as well as other hardware) being made in-house to reduce costs. It is almost impossible to know how much each PS3 costs Sony to make.

myxylplyx

Okay this comment makes the most sense here. This would also explain why the PS3 is like a tank that doesn't break.

[QUOTE="SageJMP"]

[QUOTE="bdhoff"] And if Sony were profitable months ago, why wait until now to cut prices?bdhoff

Maybe to actually try to make some of thier money back that they lost before it became profitable? You really think companies are going to drop prices as soon as something becomes profitable?

wow so you're sayin that because its not selling as fast as another console that means its not selling? thats knd of a stupid thing to say no offense. especially considering how much it sold compared to the ps2, with only a few good games out at the moment. so who knows how much it'll sell once games like uncharted, ratchet and clank, lair, killzone, MGS4, gran turismo, and final fantasy 13 and versus 13 come out. socom confrontation, socom 4 are out. but yeah if you want to wait a few years to get one then thats you, get it when you feel like it.

[QUOTE="longhorn7"][QUOTE="bdhoff"][QUOTE="Crazy87"]

[QUOTE="GIJesse77"]500$ is still a lot to save up for though.bdhoff

not if you have a job i hate ppl that complain about the price cause they dont have a job and cant pay for it its anonnying

Wow you got to be joking or are you really thet clueless. Resistance and Motorstorm are must have game's so keep your biased opinions to yourself. And your line about beinga informed consumer, well lets see all of us early adopters were right. We chose the right format for movies so don't feel to bad you will get a great add on in about a year and a half. So please take you opinions some where else.2beers_in_hand

microsoft stated that on release day of halo 3 they expect for the first time to be in the black meaning not losing money, now how would they possibly be in the black if they were still losing money on every console? cheering because another company to lose money is just stupid, i'm a 360 owner but i don't sit here and celebrate if i hear news that sony is losing money on every console sold. also like some said why would sony wait so long for a price drop and why wouldnt they make it bigger if they aren't losing money on consoles anymore,it just doesn't make senseaSOUNDofREVENGE

MS themselve have delayed when they will get into the black until fiscal 2008. This is because they will lose 1.15 billion dollars to repairs and warrantys.

microsoft stated that on release day of halo 3 they expect for the first time to be in the black meaning not losing money, now how would they possibly be in the black if they were still losing money on every console? cheering because another company to lose money is just stupid, i'm a 360 owner but i don't sit here and celebrate if i hear news that sony is losing money on every console sold. also like some said why would sony wait so long for a price drop and why wouldnt they make it bigger if they aren't losing money on consoles anymore,it just doesn't make senseaSOUNDofREVENGE

You go in the black and still lose money for every console. That is why Sony knew they would have to make their money thorugh software sales when the console was loosing so much money on each system. Microsoft expects HALO 3 to be a world wide sell out which will make the company alot of money.

[QUOTE="2beers_in_hand"]Wow you got to be joking or are you really thet clueless. Resistance and Motorstorm are must have game's so keep your biased opinions to yourself. And your line about beinga informed consumer, well lets see all of us early adopters were right. We chose the right format for movies so don't feel to bad you will get a great add on in about a year and a half. So please take you opinions some where else.bdhoff

can't wait to see his reponse to that :P

but what I find funny is how so many people have faith in a company that's only goal is to profit...like, how could you get excited about a sixaxis with rumble after sony said that it's undoable and now you'll be forced to buy new controllers, DMC4 probably going multi-plat, and the possibility of MGS4/MGS game going multi-plat.

[QUOTE="mus1523"]

Says Bloomberg: http://www.bloomberg.com/apps/news?pid=20601087&sid=aYWkGuoeuipo&refer=home

Clearing up the trouble made PlayStation 3 profitable several months ago, giving the company room to cut prices, analyst Doherty said. M********t still loses money on each X*** 3** it sells, he said.

``Any price cut they try to make puts them more into the red,'' Doherty said.

FireFalkon

But you must remember that MSOFTis a majorsoftware company not a major hardware company so their pockets are not bottomless when it comes to hardware. They have their limits as far as the X360 is concerned. Especially considering how much they make from Windows and office they really don't even need to be in the console selling business its almost like a hobby for them or lab experiment.

500$ is still a lot to save up for though.GIJesse77

$500.00 is like 2 weeks of work even if you work for minimum wage. Next person I see complain about it being too much will be sterilyzed. Go out and get a job, even if only for 2-3 weeks.

[QUOTE="2beers_in_hand"]Wow you got to be joking or are you really thet clueless. Resistance and Motorstorm are must have game's so keep your biased opinions to yourself. And your line about beinga informed consumer, well lets see all of us early adopters were right. We chose the right format for movies so don't feel to bad you will get a great add on in about a year and a half. So please take you opinions some where else.bdhoff

[QUOTE="mus1523"]

Says Bloomberg: http://www.bloomberg.com/apps/news?pid=20601087&sid=aYWkGuoeuipo&refer=home

Clearing up the trouble made PlayStation 3 profitable several months ago, giving the company room to cut prices, analyst Doherty said. M********t still loses money on each X*** 3** it sells, he said.

``Any price cut they try to make puts them more into the red,'' Doherty said.

FireFalkon

[QUOTE="bdhoff"][QUOTE="2beers_in_hand"]Wow you got to be joking or are you really thet clueless. Resistance and Motorstorm are must have game's so keep your biased opinions to yourself. And your line about beinga informed consumer, well lets see all of us early adopters were right. We chose the right format for movies so don't feel to bad you will get a great add on in about a year and a half. So please take you opinions some where else.stygiansanity

can't wait to see his reponse to that :P

but what I find funny is how so many people have faith in a company that's only goal is to profit...like, how could you get excited about a sixaxis with rumble after sony said that it's undoable and now you'll be forced to buy new controllers, DMC4 probably going multi-plat, and the possibility of MGS4/MGS game going multi-plat.

um wasn't xbox 360 making a 75 dollar profit per console and wasn't sony loosing like 50 per console. i understand sony making a profit now but i don't see Microsoft loosing money on their console except for maybe the warranty but thats it each of there console is turning a profit. i kind of have respect for sony just starting to make a profit on there console and then reducing the price even further kind of makes me not so angry at how quickly they dropped the price begin and early adopterclarkportmanken

MS spends a lot of money trying to get games for the 360. These are things that MS bought on the top of my head that isn't 1st party:

Ninja Gaiden 2 exclusive

Paid the creator of FF1 to make RPGs exclusve to 360

Bioshock exclusive for 360 and PC

GTA investmeant (50 million)

Rare

Eternal Sonata

Basically everything that is Japanese MS will have to pay more money because they don't close relations and the 360 isn't selling well in Japan. Sony doesn't have to pay as much because they're established in everywhere.

1st party:

$1 billion towards repairs and warranty

[QUOTE="Crazy87"]

[QUOTE="GIJesse77"]500$ is still a lot to save up for though.bdhoff

not if you have a job i hate ppl that complain about the price cause they dont have a job and cant pay for it its anonnying

$500 is a lot of more. And so is $400, and so is $300, and so is $200 and so is $129. Good games are subjective. People like whatever they like. Some like pokemon, some like fps, some like card dueling, etc. And some just want a reliable piece of hardware.

[QUOTE="GIJesse77"]500$ is still a lot to save up for though.Omnisystem

$500.00 is like 2 weeks of work even if you work for minimum wage. Next person I see complain about it being too much will be sterilyzed. Go out and get a job, even if only for 2-3 weeks.

well people need money to live too lol so thats probably what they are talking about sure u can make 500 in 2 weeks but you still got bills and people have a nasty habit of wanting to eat every now and then lol.

look i luv my ps3 as much as the next person but making fun of people who can't afford one is just isn't right. if they complain about the price it is because they want one but just can't afford it yet, and i feel for them and hope one day they can afford one

also if you think 360 and Wii fanboys are just plain rude and jerks then try not to behave like them. civility is what separates us from our enemies. i do understand though were your coming form the forum is flooded with "its to expensive" threads and post but when u see one just simple not respond

[QUOTE="bdhoff"][QUOTE="2beers_in_hand"]Wow you got to be joking or are you really thet clueless. Resistance and Motorstorm are must have game's so keep your biased opinions to yourself. And your line about beinga informed consumer, well lets see all of us early adopters were right. We chose the right format for movies so don't feel to bad you will get a great add on in about a year and a half. So please take you opinions some where else.2beers_in_hand