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Sony: PS Vita Will Be Profitable On Day One

At its press conference on Monday, Sony unveiled for the world PS Vita, coming with a plethora of games and a very good price point. The base model will retail for $249.99 in the U.S., however many analysts thought Sony would not be able to sell the device at that price because it would be too costly. They were wrong, because not only is Sony able to sell the handheld console at the reasonable price, they’ll be making a profit on it from day one

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iamnsuperman2630d ago (Edited 2630d ago )

This is more than nice. I wonder how much of a profit. This could mean price cuts if Nintendo try to undercut it. This has got me thinking. Sony has learnt to make a profit on this device (and handheld are notoriously more expensive to cram the hardware into a small space) what have they learnt and how would this effect the PS4

StbI9902630d ago (Edited 2630d ago )

Hello, it is not ken kutaragi anymore...isnt obvious?

They have learnt sound vague, would put as they already had it going just needed the right person at the right position to make it happen and kaz is looking like the bringer for playstation domination all over.

Vita just look like a ps2 with a lot of place to take over for.

Btw, they talking about analyst, what was this asshole patcher saying about the vita being the stupidest name ever and it going surely to fail at a higher price tag? would love to read his next hypocrisy, and smear a good email to his eyes.

movements2630d ago

Sony's learnt many lessons. Happy to hear.

jahcure2630d ago

this will be good for sony if true. New hardware that will certainly sell millions and be profitable out the gate? WOW.

Lets hope the games are equally affordable

Dannehkins2630d ago

I think the PS3 initial launch price was actually a good thing in some bizarre way, because Sony have learnt so much from it.

For instance, PS Vita is powerful and at a very competitive price and they already said they're going to invest themselves massively into the PS4 so I am hoping that there will be a nicer price launch for that as well.

Glad to hear that Sony is on the right track.

iamnsuperman2630d ago (Edited 2630d ago )

I agree in a bizarre sort of way too. The PS3 taught Sony a lesson and lets hope they do not repeat it

Dannehkins2630d ago (Edited 2630d ago )

Sorry mean to say Sony already said they're NOT going to invest massively, My mistake.

I completely agree superman. Sometimes it's a good thing when a company is taught a harsh lesson.

TheViper2630d ago

Your story fails. Sony just announced that they expect to take hardware losses for the first 3 years.

Surfaced2630d ago

Yeah I saw that too:

http://n4g.com/news/781198/...

Would be nice if we could get some clarification here.

DJMarty2630d ago (Edited 2630d ago )

There is a GT video interview where they say PSVita profitable day one.

http://n4g.com/news/781774/...

Watch and listen at 02.00

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