200°

Payback time for rest of Sony to help game division recover

Seattletimes:

"It's funny how the tables turn.

During much of the past decade, Sony's PlayStation 2 business carried the parent company, making as much as 40 percent of its operating profits during good years.

Now the games division, Sony Computer Entertainment, is deep in red ink. In the fiscal year ended March 31, Sony's game business lost $2 billion as it invested in the startup costs for the PlayStation 3 video-game console."

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seattletimes.nwsource.com
Daz6112d ago (Edited 6112d ago )

Why as this site got so many aticles lately about profits and losses? I think there pointless aticles for this site.

Ebay3rd6112d ago

Agreed, its just flame bait , I really believe some people here only post and reply to articles to start an uproar...

Captain Tuttle6112d ago (Edited 6112d ago )

are more important to gamers than articles on the Blu-Ray/HD-DVD video format war. The health of the gaming divisions of Microsoft and Sony have a direct impact on the consumer. The more cash that they have the more they can push the envelope of the consoles. These companies don't operate in a vacuum set up just for gamers...they have to show a profit.

kg056112d ago

the reason there is all this talk about profit and losses is because it is the end of the fiscal quarter/year for companies, and thats when they report profits and losses.

why is all this talk on a gaming site?...well maybe to fuel fanboys.

its funny i havent seen a single wii fanboy on this site....maybe they are too busy playing games and not having to read articles that make them feel better about there console purchase.

JasonPC360PS3Wii6112d ago

They are important if your an invester and many gamers invest money for retirement.

+ Show (1) more replyLast reply 6112d ago
THE_JUDGE6112d ago

Spiderman 3 helped and the holiday sales will help put the fame out so maybe they can break even and end the format war.

Armyless6112d ago

And the same comparison was being made from the PS2 to the PS1. What is the relevance of this article?

Ashira6112d ago

Now, maybe the devision can finally work closely with each other when the idiot Ken Kutaragi is gone (he really did not cooperate much at all). Well, it just goes to show that just because you dominated the past two cycles doesn't mean the same strategy will work 3 times. Good luck Sony and hope you'll change your strategy for the next generation.

macalatus6112d ago

True, K. Kutaragi gave a whole lot of grief to Sony during his tenure. But that attitude could be explained when he first made the Playstation. Remember, he was mostly responsible for making Sony's now famous product (which, in turn, single-handedly introduced Sony into the gaming industry) without much help from Sony. As a matter of fact, he did it with low expectations from within Sony. In effect, Kutaragi's negative attitude towards the rest of Sony could be described as a case of "I told you so". Unfortunately, his ego overtook him, creating the proverbial 'karma' that we are now aware of.

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80°

El Shaddai: Ascension of the Metatron - Coming Back for a New Generation

Originally launched in 2011, El Shaddai: Ascension of the Metatron is coming to Nintendo Switch, so It's time to look back at the original.

jznrpg3h ago

Still have my ps3 copies. Bought it at launch and another one when I found it cheap and in perfect condition about 10 years ago. I wouldn’t buy it on Switch but if they made a PS5 version I would. I still have one of my PS3 Fats hooked up so good to go either way.

darthv723h ago

Id play it again on the switch. I wished my 360 version was bc but this is still a good way to play.

130°

Fallout 3's Reveal Led To Death Threats And Bethesda's First Security Guard

The artist behind Fallout 4’s Deathclaw reveals just how bad things got back when Bethesda took over the series

anast4h ago

People are stupid I get it. No one should feel unsafe,

But I think they need to talk about why they cut so many corners during the development process and why none of their games ever look current. And why they think all of this is okay while they charge full price.

LucasRuinedChildhood4h ago

As much as Bethesda deserve criticism, that's not really relevant to the reveal of Fallout 3 in 2007.

VenomUK1h ago

The default angle Kotaku always go for is to highlight the worst in gaming.

I would’ve focused on the creative.

gold_drake14m ago

there is no "but". the hell lol
you dont send death threats, period.

60°

Chatting Shadows of the Damned: Hella Remastered with Suda51

CGM Writes: While we were over at PAX East, we were able to sit down with Goichi Suda (Suda51) and talk about the upcoming remaster of Shadows of the Damned

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cgmagonline.com