NowGamer: After years of making a loss on each console sold, the PlayStation 3 is now making Sony money...
YAY..they deserve it. IMO, the PS3 the best home entertainment system ever. I can watch free episodes of Lost, Dexter, and 24 anytime I want =D
How do you watch free episodes of Lost etc?
Ps3 does not have flash does it? So how can u watch TV lost and stuff on it? Im guessing you mean you download it and stream it. Cause that what i do. No lagg at all. Its the best feature of the ps3 i think. Media server FTW!
You can stream episodes of anything on the ps3, most players work on it, like Wisevid, Megavideo etc... I watch stuff on my Ps3 all the time, including Lost.
Z_Z to you to unrealgamer. But my question is I wonder what Ken Kutaragi thinks of the PS3 so far in it's life? Let's go broader what about Sony?
The article doesn't say anything about the PS3 turning a profit. To deduce that would be jumping to conclusions. The only thing the article says is that despite cost reductions on PS3 hardware (which could just mean reduced losses) and more software sold (where Sony has always made a profit), profitability DROPPED due to less PSP hardware sales and PS2 software sales (where Sony has been making enough profit to balance things out). Am I missing something?
Yes, apparently you are missing something. The proof, so to speak, is found in the Reuters link in the article. Apparently they analysis says the ps3 is making profits since march. The FY 2009 drop in profitability covers the period mainly before that. Problem is, the link is in Japanese. I can't read it myself, but presumably it's true. If you check my posting history I have always maintained that the slim was sold at a loss, until now. I guess this vindicates me somewhat. In any case, Sony should be congratulated for turning the corner. My guess is, we won't be seeing another ps3 price cut for a looooong time. They really need to recoup their accumulated PS3 losses, which stand somewhere at $4.7 billion in the red.
everyone else here is missing something. The author is trying to say that because they mentioned the profitability fell, that they were referring to PS3 profitability, when in fact they were referring to the profitability of the entire division. The author is an idiot. His proof is the quoted text in bold print. This is the same way the rumors that PS3 had outsold 360 in EU years ago, got started, then later we find out that only recently has the PS3 actually caught up to 360 in EU. Fanboy journalists will be the death of gaming.
This is great news but I have a big question. PS3 is now profitable for Sony but in their financial reports their N&PS group which contains their games division lost $800 million. Now just released some big titles in Q1 and sold a lot of software and hardware. So where did these losses come from? What is Sony's games division spending all that cash on? Games? PSP2 R&D? Anyone care to speculate?
Well its possible that the original and old slim models were selling at a loss ever since they were launched, sure the manafacturing costs went down for both models but still had a net loss for said manafactured models. A new slim model is being introduced to break even, so Sony will mostly likey phase out the old slim and make PS3 turn profit and yes, I think a considerable sum of money went into PSP2 developent (which I'm personally looking forward to). I would say that from here on out Sony Game's division will always be in the green.
Yeah part of it has to be PSP2 R&D
imo they never ever made a loss just the press saying they did, sony have never said that the ps3 is costing more than it sells for.
Wow. That's the most naive thing I have seen today. The PS3 was initially being manufactured for 800 bucks and being sold for 600. 200 dollar loss per console sold.
Sony will not stop on trying to make the PS3 less expensive to produce. They know that a price war can start up again.
now gamer. another site who hates ps3. in articles it says profitability deteriorated due to lower unit sales of ps2 software but they write with big letters "profitability deteriorated due to lower unit sales of ps3 software".
"profitability deteriorated primarily due to lower unit sales of PS2 software and of PSP hardware"
LOL i love how 2/3 of article titled about the ps3 is about the ps2... gee whiz...
good it will remind stupid people who was the king and went to sleep a a little while but ps3 is striking back this year it will take second, next year it will be a battle between sony and ninty how silly of ninty to forget about sony so quick, they think they have it in the bag:(:(
Good for Sony. That means they can continue to pay for the uber exclusives like GOW and Uncharted.
Stating the obvious, good for Sony.
they deserve it, ps3 is the greatest entertainment device at my house. (and yes i own a 360 and wii too)
We can all tell by your avatar dude.
well the ps2 is still selling... but they could be in for another price drop to 250 if Microsoft announces a price drop to dirt cheap status.
It's Smokey in the wild. OT: Valid point. A future price drop will impact future profit. I guess we'll have to see how Sony crosses that bridge when they get to it.
its fun to venture into the wilderness sometimes.
I'm glad I was here to witness it. It's indeed rare to...wait...nothing bad's happened to cause this little outing has it? Smokey, did you finally break Odion?
Ello Smokey =)
Sony really need this now to push tons of more PS3s into homes and why would any gamer/non-gamer not want to buy a PS3. This is the perfect machine, blu-ray, wi-fi, free online, etc. and is literally the best deal out their for gamers if they want the complete home entertainment package. I just hope this statement posted about 2 hours ago on N4G, doesn't have any affect on the PlayStation Brand. "Sony today announced its financial 2009 year results, and though the Networked Products & Services division (which includes the Games business) lost $893 million U.S. dollars..."
i thought ps3 was already making sony profit a while ago. i swear i read that somewhere on n4g...
Hats off to Sony,3 years ago who´d imagine this?
the ps2 and psp sales to cover for ps3's cost? does that mean that now they can finally leave the ps2? i dunno just a thought
I am very happy to hear about sony turning a profit...they deserve it...I play the heck outta my ps3 and love every second of it...I do have the other two consoles but I LOVE my PS3 more.
Good news for Sony.
Love my 360 but love my PS3 fat even more.
To those talking about a price drop: It's flat-out too soon. The most logical time for a price drop would be around September at the soon'est'.
I don't think people are really talking about a when... more like an if. Its more reasonable to predict a 360 price drop, to garner more interest. But I'm not sure if sony will counter with a price drop of their own... if they are finally making a profit.. i would think they want to keep it that way.
KB walks on, dressed in fishnets and with a blonde bubble perm. VP of Turning Tricks. Cameraman: Uh Kevin, we said we were turning a profit... KB:(looks at camera)... I know. Listen lemme get changed into my costume and we'll do the ad, okay?
For ps2: bring back ps2 backwards compatibility in ps3 via software emulation of some kind and start introducing more ps2 titles in retail stores and on psn, even if you have to re release some games at a good price like say $14.99 for top titles. For psp: drop the psp go because besides the fact that it is cosmetically different and more expensive than the regular psp it is technically inferior to the regular psp in every way, because you can do everything that the psp go can do on a regular psp and more not to mention that you can interchange your battery when it is low on power on the original psp while the psp go you cant change it and must be plugged into a wall outlet to charge the internal non-interchangeable battery. I know that atm you really cant do anything for the psp situation besides dropping the psp go, but I think that it is just a lack of good titles coming out for the psp, but at least the psp market is in a slightly better situation than it was, in order to better the psp situation I think that they need ramp up up more support and more good game releases for the psp like what sony's doing with the ps3. Just about anyone that owns a psp like myself can tell you that the hardware is superior to its competitor, and even with nintendo's xl version of the ds is a little bit more comparable to the psp the psp hardware is still superior. Granted as of late the psp has seen more great games coming out but it needs to not only continue but but increase releases of great games and maybe a slight price drop in the standard hardware and software price points.
Funny how the article never mentioned anything about Sony selling some of their factories and other divisions in order to keep a float
This is great for SOny and ALL Gamers. A strong Sony makes the other console makers work harder whichg is great for all of us
Good the more PS3 unit sold its more likely Sony's going to beat 360 sales finally Sony PS3 has back to dominate America market once again.
yay recent profitability = great news hopefully next year will all be profit:):) go sony:):)
Sony busted their asses and took a lot of flak. But it's paying off and we all get a great console as a result.
That Sony would finally start to finally turn a profit after all the money & spent on them LoL
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