Sony has made a profit from the PS3

Sony has declined to comment on today's reports stating that the company is set to announce a 100 billion ($1.1 billion) operating profit for the October-December quarter - the first increase in Q3 profit for the company in five years.XThisIsTheEndxX

[QUOTE="XThisIsTheEndxX"]Sony has declined to comment on today's reports stating that the company is set to announce a 100 billion ($1.1 billion) operating profit for the October-December quarter - the first increase in Q3 profit for the company in five years.mD-

sony is profiting now. its has the ps3 for $299, the psp, and the ps2 is still selling like hotcakes n ps3 exclusives sell millions dont forget bluray movies, sony got money in the bank

So the only product Sony makes is the PS3?

[QUOTE="mD-"][QUOTE="XThisIsTheEndxX"]Sony has declined to comment on today's reports stating that the company is set to announce a 100 billion ($1.1 billion) operating profit for the October-December quarter - the first increase in Q3 profit for the company in five years.XThisIsTheEndxX

I think it means Sony Corps as a whole and not just SCE.Infact I think Sony still loses money on evey PS3 sold.

Still if this is true I find it suprsing as I thought sony's electronics divsion was tanking across the board.

sony is profiting now. its has the ps3 for $299, the psp, and the ps2 is still selling like hotcakes n ps3 exclusives sell millions dont forget bluray movies, sony got money in the bank

_SWAG_

Of course they make profit. But this is about PS3 only. A front on which they've lost money.

Game spot linky :)

sony is profiting now. its has the ps3 for $299, the psp, and the ps2 is still selling like hotcakes n ps3 exclusives sell millions dont forget bluray movies, sony got money in the bank

_SWAG_

The PS2 is not selling like hot cakes. Last financial statement we got from Sony showed them losing huge money off declining PS2 sales. I know its almost 10 years old but this statement is still wrong. Also, Sony doesn't have a gaming division, like MS, I believe they have an entertainment division now.

sony is profiting now. its has the ps3 for $299, the psp, and the ps2 is still selling like hotcakes n ps3 exclusives sell millions dont forget bluray movies, sony got money in the bank

_SWAG_

Not exactly in terms of the ps3, they are still losing 40$ per unit sold, and their exclusives aren't exactly blockbusters. And the blu-ray? that is shared with 12 other companies from what i recall, so i wouldn't be surprised if their income that part too was minimal

[QUOTE="_SWAG_"]

sony is profiting now. its has the ps3 for $299, the psp, and the ps2 is still selling like hotcakes n ps3 exclusives sell millions dont forget bluray movies, sony got money in the bank

ActicEdge

The PS2 is not selling like hot cakes. Last financial statement we got from Sony showed them losing huge money off declining PS2 sales. I know its almost 10 years old but this statement is still wrong. Also, Sony doesn't have a gaming division, like MS, I believe they have an entertainment division now.

Far as i remember Sony Computer entertainment is their gaming division? :|

[QUOTE="_SWAG_"]

sony is profiting now. its has the ps3 for $299, the psp, and the ps2 is still selling like hotcakes n ps3 exclusives sell millions dont forget bluray movies, sony got money in the bank

ActicEdge

The PS2 is not selling like hot cakes. Last financial statement we got from Sony showed them losing huge money off declining PS2 sales. I know its almost 10 years old but this statement is still wrong. Also, Sony doesn't have a gaming division, like MS, I believe they have an entertainment division now.

You have got to be kidding me. A entertainment division? Sony computer entertainment is pretty much their gaming division. And 1 billion profit is actually good considering all the exclusives have sold incredibly well and FF13 sales.

[QUOTE="ActicEdge"]

[QUOTE="_SWAG_"]

sony is profiting now. its has the ps3 for $299, the psp, and the ps2 is still selling like hotcakes n ps3 exclusives sell millions dont forget bluray movies, sony got money in the bank

RadecSupreme

The PS2 is not selling like hot cakes. Last financial statement we got from Sony showed them losing huge money off declining PS2 sales. I know its almost 10 years old but this statement is still wrong. Also, Sony doesn't have a gaming division, like MS, I believe they have an entertainment division now.

You have got to be kidding me. A entertainment division? Sony computer entertainment is pretty much their gaming division. And 1 billion profit is actually good considering all the exclusives have sold incredibly well and FF13 sales.

[QUOTE="XThisIsTheEndxX"][QUOTE="mD-"] link?stvee101

I think it means Sony Corps as a whole and not just SCE.Infact I think Sony still loses money on evey PS3 sold.

Still if this is true I find it suprsing as I thought sony's electronics divsion was tanking across the board.

PS3 is not only console it self, if slim user have 4 games (don't know how much sony take from games) it makes the slim cost even

[QUOTE="_SWAG_"]

sony is profiting now. its has the ps3 for $299, the psp, and the ps2 is still selling like hotcakes n ps3 exclusives sell millions dont forget bluray movies, sony got money in the bank

DoomZaW

Not exactly in terms of the ps3, they are still losing 40$ per unit sold, and their exclusives aren't exactly blockbusters. And the blu-ray? that is shared with 12 other companies from what i recall, so i wouldn't be surprised if their income that part too was minimal

ps3 exclusives arent block busters?

SAY WHHAAAAAA

[QUOTE="_SWAG_"]

sony is profiting now. its has the ps3 for $299, the psp, and the ps2 is still selling like hotcakes n ps3 exclusives sell millions dont forget bluray movies, sony got money in the bank

DoomZaW

Not exactly in terms of the ps3, they are still losing 40$ per unit sold, and their exclusives aren't exactly blockbusters. And the blu-ray? that is shared with 12 other companies from what i recall, so i wouldn't be surprised if their income that part too was minimal

There are actually 20 members in the Board of Directors(Sony included) in the Blu-Ray Disc Association, and a few dozen contributers. So, Sony definitely isn't the only one make profits from Blu-Rays(and they owe a $50,000 Annual Fee to the BRDA to maintain the medium)

Guys before anyone goes nuts, its great news that Sony has turned (or at least started to) the ship around, but the profits are less likely to be from huge increases in PS3 revenue, as Sony having restructured (hence the big losses from the last 3 quarters) and have slashed costs and the holiday quarter. Not saying that the PS3 isn't showing a profit, but I just want to calm anyone who is going to go overboard and then have to deal with later "pwnage" threads from lems.

EDIT oops at work sorry and forgot to add this is for the whole company not just the gaming division (which has been merged with other ones and doesn't report individually anymore)

[QUOTE="ActicEdge"]

[QUOTE="_SWAG_"]

sony is profiting now. its has the ps3 for $299, the psp, and the ps2 is still selling like hotcakes n ps3 exclusives sell millions dont forget bluray movies, sony got money in the bank

RadecSupreme

The PS2 is not selling like hot cakes. Last financial statement we got from Sony showed them losing huge money off declining PS2 sales. I know its almost 10 years old but this statement is still wrong. Also, Sony doesn't have a gaming division, like MS, I believe they have an entertainment division now.

You have got to be kidding me. A entertainment division? Sony computer entertainment is pretty much their gaming division. And 1 billion profit is actually good considering all the exclusives have sold incredibly well and FF13 sales.

I'm positive they merged with their computer and music divisions. Look it up. I also said I don't think they made 1 billion in profit. 1 billion profit is quite good imo. Also, again don't over exagerate, no PS3 exclusive has sold incredibly well. They have all done good, there still hasn't been a blockbuster release.

Too bad they had to lose almost all the profit they made from the PSX/PS2 eras in order to turn a profit this gen.

[QUOTE="RadecSupreme"]

[QUOTE="ActicEdge"]

The PS2 is not selling like hot cakes. Last financial statement we got from Sony showed them losing huge money off declining PS2 sales. I know its almost 10 years old but this statement is still wrong. Also, Sony doesn't have a gaming division, like MS, I believe they have an entertainment division now.

You have got to be kidding me. A entertainment division? Sony computer entertainment is pretty much their gaming division. And 1 billion profit is actually good considering all the exclusives have sold incredibly well and FF13 sales.

I'm positive they merged with their computer and music divisions. Look it up. I also said I don't think they made 1 billion in profit. 1 billion profit is quite good imo. Also, again don't over exagerate, no PS3 exclusive has sold incredibly well. They have all done good, there still hasn't been a blockbuster release.

Then why did they recently push back their estimated date for turning a profit back to 2012? donalbane

[QUOTE="ActicEdge"]

[QUOTE="RadecSupreme"]

You have got to be kidding me. A entertainment division? Sony computer entertainment is pretty much their gaming division. And 1 billion profit is actually good considering all the exclusives have sold incredibly well and FF13 sales.

blue_hazy_basic

I'm positive they merged with their computer and music divisions. Look it up. I also said I don't think they made 1 billion in profit. 1 billion profit is quite good imo. Also, again don't over exagerate, no PS3 exclusive has sold incredibly well. They have all done good, there still hasn't been a blockbuster release.

My bad. Thank you for the correction :)

Sony as a whole may be profiting, but the Playstation didn't contribute anything to it. In that case, Microsoft never had a five billion dollar deficit with the original Xbox because they make like a $10bln profit every fiscal year.Vadamee

[QUOTE="blue_hazy_basic"][QUOTE="ActicEdge"]

I'm positive they merged with their computer and music divisions. Look it up. I also said I don't think they made 1 billion in profit. 1 billion profit is quite good imo. Also, again don't over exagerate, no PS3 exclusive has sold incredibly well. They have all done good, there still hasn't been a blockbuster release.

My bad. Thank you for the correction :)

well deserved Sony, the PS3 has delievered in 2009 and 2008 and 2010 looks more promising imo .

Too bad they had to lose almost all the profit they made from the PSX/PS2 eras in order to turn a profit this gen.

InfinityMugen

Too bad they had to lose almost all the profit they made from the PSX/PS2 eras in order to turn a profit this gen.

InfinityMugen

Put the profits made from the previous products into the new products. Sure the PS3 has not done as good as they initially hoped but that doesn't matter if the PS3 will end up being profitable in the end.

I mean it's not like Nintendo has any money left form the NES, SNES, N64 or GC generation.

[QUOTE="InfinityMugen"]

Too bad they had to lose almost all the profit they made from the PSX/PS2 eras in order to turn a profit this gen.

mtmatt

Too bad they had to lose almost all the profit they made from the PSX/PS2 eras in order to turn a profit this gen.