Games a big part of Sony profit woes

The Japanese PS3 price cut and slower-than-expected sales of the PSP are among the reasons being cited for Sony's announcement yesterday of a 62 percent drop in profit forecasts for the fiscal year ending in March. The revised numbers include a 200 billion yen expected loss for the games unit, nearly double the initial estimate for the fiscal year, and costs incurred during the recent recall of many Sony laptop batteries.

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Arkham5891d ago

Giving little [email protected] access to posting "news items" is really giving web "journalism" a bad name. My god. Maybe keyboards should be regulated. "Journalism" implies at least a bit of impartiality. This guy is an obvious wanker.

ironwolf5890d ago

that this was a Reuters news item.

Arkham5890d ago

Looked like Joystiq to me.