Sony President: PS3 Finally Profitable

http://gamrfeed.vgchartz.com/story/80718/sony-president-ps3-finally-profitable/

"This year is the first time that we are able to cover the cost of the PlayStation 3," Yoshida said. "We aren't making huge money from hardware, but we aren't bleeding like we used to."

Didn't they say this last year too?

:lol:

Sony, Sony, Sony...

Better luck with the PS4!

Good news for Sony and us hopeing to see them in next gen :)

well it only took them 4 years but better late than never

From here things will only get better.

It took nearly 1500 days, but it's still great news.

I love my PS3 and will continue to support great exclusives

Great news. Does this mean we'll be seeing a price cut?

Great news. Does this mean we'll be seeing a price cut?

windsquid9000

Great news. Does this mean we'll be seeing a price cut?

Congrats sony. Only took a billion dollars or more of looses almost shutting down to make a small profit. Great job.

lets not forget loosing 20 bucks a share this gen to

[QUOTE="GodofEmpires"][QUOTE="windsquid9000"]

Great news. Does this mean we'll be seeing a price cut?

racing1750

3 years later. :lol:

[QUOTE="racing1750"][QUOTE="GodofEmpires"] They just started making a profit off the PS3, which as they said is not that much, meaning a few dollars. So no, we won't see a price cut. SakusEnvoy

things are getting better for Sony and for us... Sony had superb 1st party when it was losing money, imagine what Sony can do when they are profiting ..... too excited to imagine :D .

[QUOTE="SakusEnvoy"]

[QUOTE="racing1750"] Yep. The PS3's current price is great value anyway.GodofEmpires

3 years later. :lol:

WhenCicadasCry

Yep. The PS3's current price is great value anyway.racing1750

Didn't they say this last year too?

Zero5000X

[QUOTE="WhenCicadasCry"]

3 years later. :lol:

racing1750

It really doesn't matter. They have lost to much.

Its great they are back on track but is it worth billions and having a 40 percent drop in your company's stocks. I think a ps4 may be a hard sell to stock holders.

Finally. After almost 4 years. :lol:

Finally. After almost 4 years. :lol:

Doolz2024

[QUOTE="WhenCicadasCry"]

3 years later. :lol:

racing1750

[QUOTE="racing1750"][QUOTE="WhenCicadasCry"]

3 years later. :lol:

James161324

It really doesn't matter. They have lost to much.

Its great they are back on track but is it worth billions and having a 40 percent drop in your company's stocks. I think a ps4 may be a hard sell to stock holders.

Great news.

Money being made means more money going to exclusives. Awesome :D Its about time Sony, you've pulled yourself together. Now we want more games. ;)

This is good news but it really IS too late, it's going to take a lot of time to make that money lost back; almost as big of a fail as the original Xbox was. Tip: Don't sell a console that originally cost 7-800 dollars to manufacture. Thank god Sony is such a huge company or we may have lost another great hardware company (cough Sega)-RocBoys9489-

[QUOTE="-RocBoys9489-"]This is good news but it really IS too late, it's going to take a lot of time to make that money lost back; almost as big of a fail as the original Xbox was. Tip: Don't sell a console that originally cost 7-800 dollars to manufacture. Thank god Sony is such a huge company or we may have lost another great hardware company (cough Sega)sireclaborn

[QUOTE="racing1750"][QUOTE="WhenCicadasCry"]

3 years later. :lol:

James161324

It really doesn't matter. They have lost to much.

Its great they are back on track but is it worth billions and having a 40 percent drop in your company's stocks. I think a ps4 may be a hard sell to stock holders.

Its funny how people are making fun of sony, when microsoft will never make money on 360 hardware. Why? Because they spent Over a billion dollars fixing red rings.

Its funny how people are making fun of sony, when microsoft will never make money on 360 hardware. Why? Because they spent Over a billion dollars fixing red rings.

0diablo0

[QUOTE="sireclaborn"][QUOTE="-RocBoys9489-"]This is good news but it really IS too late, it's going to take a lot of time to make that money lost back; almost as big of a fail as the original Xbox was. Tip: Don't sell a console that originally cost 7-800 dollars to manufacture. Thank god Sony is such a huge company or we may have lost another great hardware company (cough Sega)-RocBoys9489-

MS gaming division never made back that $4B they lost on the XBox. The $1B, maybe. The whole $5B? No way. They just wrote off the $4B as sunk costs and started new. And of course, MS's main money never really came from its gaming division but from Windows.

[QUOTE="-RocBoys9489-"][QUOTE="sireclaborn"] how is it to late when the ps3 is still "young" do you understand what breakeven is. there not making any loss nor profit. they've already covered there loss its actually hard to even get to breakeven and it doesnt take a year to make breakeven maybe the Nintendo with the way the wii is selling. once they get above breakeven its pure profit . didnt ms take 2 or 3 years to make breakevenOneLazyAsian

MS gaming division never made back that $4B they lost on the XBox. The $1B, maybe. The whole $5B? No way. They just wrote off the $4B as sunk costs and started new. And of course, MS's main money never really came from its gaming division but from Windows.

Most of the revenue comes from licensing fees anyways.IronBass

[QUOTE="OneLazyAsian"]

[QUOTE="-RocBoys9489-"] Sony hasn't broke even this gen at all, the MANUFACTURING COSTS have now broke even and is barely profitable. Sony has dug their gaming division in a hole this gen and can now start to climb out. Microsoft dug itself in a 4+ billion dollar hole last gen added to the billion dollar RRoD, but finally made ALL of that $$$ back and now is making that cash. Sony probably won't get out of their hole until it's time for another gen (3 or 4 years), then will have to invest in another console and lose more money.-RocBoys9489-

MS gaming division never made back that $4B they lost on the XBox. The $1B, maybe. The whole $5B? No way. They just wrote off the $4B as sunk costs and started new. And of course, MS's main money never really came from its gaming division but from Windows.

Somehow, I highly doubt that if we were to include their losses from the XBox. Plus, I believe that MS makes around $150M a quarter? Can't remember correctly, but if it's only $150M a quarter there is no way for them to have made back that $4B in just 5 years.

[QUOTE="OneLazyAsian"]

[QUOTE="-RocBoys9489-"] Sony hasn't broke even this gen at all, the MANUFACTURING COSTS have now broke even and is barely profitable. Sony has dug their gaming division in a hole this gen and can now start to climb out. Microsoft dug itself in a 4+ billion dollar hole last gen added to the billion dollar RRoD, but finally made ALL of that $$$ back and now is making that cash. Sony probably won't get out of their hole until it's time for another gen (3 or 4 years), then will have to invest in another console and lose more money.-RocBoys9489-

MS gaming division never made back that $4B they lost on the XBox. The $1B, maybe. The whole $5B? No way. They just wrote off the $4B as sunk costs and started new. And of course, MS's main money never really came from its gaming division but from Windows.

Its been reported as is for a few months now, its just they havent added the new chips into them untill now. Anyway, I went to a bunch of stores yesterday while I was job hunting, and I noticed that the places taht didnt have PS3s before had overflowing stock now, so it looks like they might have fixed taht supply issue.

[QUOTE="Doolz2024"]

Finally. After almost 4 years. :lol:

2mrw

PS3 is a complacated issue.

• It helped Sony with BluRay aginst HD-DVD
• It will help with BluRay 3D and Sony's 3D stratagie (Movies, Pro camerias, TVs...)
• PS2 has lasted 10years and still makes a proffit. I do not see Next gen taking off as fast as last gen or this gen.
• Sony has other uses for PS3 that conect to Sony's other divisions.

True it cost Sony a lot of money and PS3 did not sell up to expectations. Still it has not been a total lost. Sony will make the most of it and as the price comes down PS3 will have a larger market in the world that already knows PS2.

The cost may delay PS4 but again as prices go up from Development/production cost in order to make the games more real it may be a good outcome to wait a few more years for the next generation to launch, and the longer the next gen holds off the better for Sony as More developers get to know how to best code for PS3, and tools Game engines cost is lowered, leading to less expensive but better looking games.

Also last year it was making a prifit overall but Sony droped the prices in other reigens and with Currency flucuations who knows how much money they make or lose every quarter. In the end we do not know how the PS3 will do overall.

i Dont beleive them.

they lie about almost everything.