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PS3 flop cost Sony £100 million last quarter - Massive losses as PS2 sales grind PS3 into dust.

As was widely expected, Sony 's latest financial results show that the ailing giant lost over £100 million from its games division in Japan over the last quarter. The loss is being attributed to poor sales of the PlayStation 3 console, which was even outsold many times over by its elderly predecessor, the PS2.

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masterg3562d ago

If you can't find any new bad news with Sony you might as well just find some old.

Rowland3562d ago

& I remind you: Even though negative news about a console can make the fans angry, it is still news and should be posted as any other story.

Real Gambler3562d ago

Wow, as far as we now, Sony STILL loose money everytime they sell a PS3. So if they sell less PS3 and more PS2, the bottom line is better. Now, why would the title say that the bad sales of the PS3 is the reason why Sony is loosing money. If they had sold four times the amount, then sure enough they would have lost more money. In fact they say it's Japan sales, but that's where they loose the most money on every consoles they sell. At least now their margin is likely better.

achira3562d ago (Edited 3562d ago )

only 100 millions ? thats good news! how many did ms lost ? billions, hahha, desperate xbots.

nix3561d ago

you got five bubbles... oh wait... four..... three..... two..... q:

killercam193561d ago (Edited 3561d ago )

how r u such a dumb fvcking fanboy how does microsoft losing billions make me an xbox owner desperate u stupid azshole......U give europeans a bad image go run into a nail

Sez 3561d ago

you have to be a dumb fanboy. sony has already lost over 2billion on the ps3 sold since nov of last year a--hole. that why they took out chip that allow you to play ps1 and ps2 games right out the box. not having to download patches a--wipe. looks like sony is desprate

Shadow Flare3562d ago

and yet it sells better then the ps2 in the same launch time frame. Cmon sony knew they were gonna lose money on the ps3 at first as did everyone. They had to sell at a loss to get the ps3 into peoples hands. Software is where they can make the money back. Its been lax lately but Q3/4 is really gonna help. Besides i think the ps3 has cheaper components in it now so im guessing the loss is less. No-one knows, maybe there is no loss now? Especially in Europe

EaziG3561d ago

also xbox1 and xbox360 hasn't made a single profit at all since they have been about. so loosing a bit of money is normal. consoles don't make the companies the money, its the games that do.

actionjackson3561d ago

Most people talk about the fact that Sony lost about 2 billion in making a selling the PS3. Most people also don't remember that the PS2 was also a huge investment for Sony, which cost them hundred of millions. Look how much money that made them. The difference is, billions today is a few hundred million yesterday. And although MS is said to be making roughly $100 per console, the cost of xbox and x360 have them in the same situation as Sony. Sony still makes millions off the PS2 and it's games. Just imagine the royalties that Sony will make in 3-5 years from the launch of the PS3. Most people will be saying Sony has sold 20-30 million consoles with a $50 profit, and royalties on the game. If you do the math, that way more than 2 billion.

apoc063561d ago (Edited 3561d ago )

MS is not making money off of the sale of their hardware. as recent as e3, they announced that they were expecting to make money by this time of year, however IMHO the only console they "might" make money from is the elite unit. however judging by the limited availability of elite units worldwide, i would wager that they are not making money off of those units either.

besides, they flooded retail with units this past winter. those same units sitting on shelves and being sold today are the same units that were manufactured at a higher cost than units made today.

add in the high cost of adding in the new heatsink component to refurbed consoles and the lack of a price drop and all signs point to MS not making money off of their hardware. their division has not posted an earning quarter yet, so they are not quite making money off of software sales either.

MS does not make any of their own hardware so they rely on their partners savings to be passed back to them, whereas sony or nintendo dont have nearly as many hardware middlemen coffering their profit margins. the original xbox did not have many drastic pricecuts within its lifetime for that specific reason. i dont foresee anything different happening with the xbox360.

BTW: part of the reason that MS announced the billion dollar warranty deal before e3 was so that they could lump the hit in with the previous financial year. so even though they will still be paying for it this year, if/ when they do post a profit this fiscal year it wont be swallowed by the 2 billion dollar losses that they are going to incur over warranty problems.

Chava3562d ago (Edited 3561d ago )

how well sony are doing considering there's only two decent games out 4 ps3, this time next year, ps3 will b second place, behind wii, ahead of 360

IT IS ALSO VERY ANNOYING THAT,WHEN ITS ALL LOOKING UP 4 PS3,SOME FU(WAD
DECIDES TO BASH SONY ON OLD NEWS

@ ROWLAND - talking 'bout me like u think ur a bit mint, get a life - tellin' me theres more important things 2 worry about, then callin me ur "buddy" - u probably don't have any in real life, just ur sexbox 3fix me

@ANDAPAUL - PLEASE TELL ME WHAT THE FU(K UR TALKIN ABOUT, I WOULD HAVE TO BE PRETTY SAD IF I WANTED TO LOOK COOL ON A WEBSITE - OH, AND PUT YOUR PENS DOWN. PUT YOU'RE PENS DOWN AND STOP SHOVING THEM UP YOU'RE A-----E.

Rowland3562d ago

..you are annoyed at this type of news - it is only a business report ! no one is dissing your favourite teddy bear !
There much more important things in life to worry about, buddy ! ! !

killercam193561d ago

real creative with the names u kno cus they do make u look cool (can u smell the sarcasm) u cant speak about xbox fans talkin bad about ps3 cus u guys had a whole year headstart to fvck with xbox ppl i guess its payback so take ur thumb out ur ass and stop being a bltch

P4KY B3562d ago

The PS3 is sold at a loss. So the more Sony sell the more money Sony loose.

A £100 million loss in 3 months means that people are buying the PS3

Where Sony have to improve now is with software sales. Because 360 owners buy lots of games and PS3 owners dont.

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