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Post-PS3 losses hit $4.7bn

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Post-PS3 losses hit $4.7bn

Figures outline Sony’s PlayStation losses since the launch of PS3 in 2006

As part of today’s financial report, Sony has confirmed that since the launch of the PS3 its PlayStation operations have lost a total of $4.965bn

For its 2007 financial year – the period that followed the launch of PS3 – losses for Sony’s PlayStation operations hit $1.97bn. Despite falls over the two subsequent years, losses on 2010Q2 were up on both the quarter immediately before and the same quarter the year before.

The numbers come courtesy of VG247. The GMA award-winning site also points out that the losses are greater than those suffered by Microsoft in the Xbox era ($4,202bn) – a period that is widely regarded as one of financial failure.

One mitigating factor to note is that since the beginning of 2009 any PlayStation related numbers also incorporate the performance of its Vaio PC operations, as both were incorporated under the new Networked Products & Services Division.

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xbot fanboy

posted by Sc Oct 30, 2009 at 1:21 pm
1
Sc

Dont get your hopes up.

The losses include sony Vaios which have suffered.

If you took that away and just included the Playstation sector it would be the same if not less than M$ loss over there xbox sector.

Xbox have suffered high failure rates and because of the recession has suffered like every over company.

on the upside the US economy is seeing growth. Which is good for the whole economy ;)

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lol

posted by LOOOOL Oct 30, 2009 at 1:29 pm
2
LOOOOL

Sir you have officially made me put my clothes back on.. F()ck you

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Bad news

posted by MarketZero Oct 30, 2009 at 3:26 pm
3
MarketZero

None of this is good news, no matter which you're a fan of. Brand hating isthe same as brand loyalty; there's nothing to be gained by it.

The real sad news is that, with losses like this, they're not going to make the same mistake twice. Look out for high priced next-gen consoles (I regard 360 & PS3 as current gen) and low(er) manufacturing costs.

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Comma or point?

posted by Noob Nov 01, 2009 at 8:40 am
4
Noob

Holy crap, MS lost "$4,202bn" thats 4.2 trillion!

Or did someone miss the point?

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