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Sony losses on PS3 3 billion

Discussion in 'Gaming Forum' started by finattic79, Jun 26, 2008.

  1. finattic79

    finattic79 Season Ticket Holder

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    Think you paid too much for your Playstation 3? Don't expect any sympathy from Sony.

    In the company's fiscal 2008 annual report, Sony revealed that they've now lost roughly $3.3 billion (that's billion with a B) on the Playstation 3 since its launch. That breaks down to $2.16 billion in 2007, followed by a notably smaller but equally daunting $1.16 billion loss in 2008.

    http://videogames.yahoo.com/feature/sony-has-lost-over-3-billion-on-the-ps3/1223467
     
  2. Stitches

    Stitches ThePhin's Biggest Killjoy Luxury Box

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    Sure they lost money in hardware, but how much did the lose in software sales?
     
  3. Dannyg28

    Dannyg28 Say hi to the rings

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    ouch. i know xbox lost money on the original xbox. Does anyone have the numbers? was it anywhere as bad as this?worse? i am curious.
     
  4. DaFish

    DaFish Well-Known Member

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    Yep! Hardware always loses money and the software makes up for the losses. The PS3 was out for a couple of years with poor software releases. The death of HD-DVD may have helped but is it enough to allow them to catch up with the other 2 consoles. Only time will tell.
     
  5. dolphan117

    dolphan117 Premium Member Luxury Box

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    Honestly that's a garbage article since it doesn't mention how much the GAMING division of Sony has made or lost on all PS3 related stuff.
     
  6. Desides

    Desides Well-Known Member

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    Sony's numbers are the company aggregate. They don't need to specify Sony Computer Entertainment.
     
  7. Motion

    Motion New Member

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    :confused1: How do you figure? The PS3 hasn't even been out for "a couple years" as of right now.

    I saw this article the other day on IGN, they did mention that software sales will make up for it but it will take a little longer than expected.
     
  8. Ultra

    Ultra Lazy

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    I'm sure they will also make up for it with Blu Ray sales and non gaming Blu Ray players. I bet Sony would do it again to win a format war.
     
  9. DaFish

    DaFish Well-Known Member

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    It's not far from being 2 years and they have only have a hand full of releases that justify buying the system.

    Do realize I am not a fanboy of any system but a system has to prove itself with it's software. To be completely honest, Sony hasn't done that thus far. In time however, that could change and I am hoping it does. I really like some of Sony's titles. God of War anybody?
     
  10. Dol-Fan Dupree

    Dol-Fan Dupree Tank? Who is Tank? I am Guy Incognito.

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    I know XBOX lost money overall during its entire time, software, hardware and all.
     
  11. finattic79

    finattic79 Season Ticket Holder

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    I've had a PS3 for over 6 months and just bought my first game when MGS4 came out. I've got all three systems and I usually buy most games that come out on each console on the 360. Not sure why just seem to prefer the xbox. They prolly are making up for in blu-ray sales.
     
  12. Stitches

    Stitches ThePhin's Biggest Killjoy Luxury Box

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    There are about as many non-multi-platform games worth having on the PS3 as there were for the 360 after the same amount of time (IMO).
     
  13. DaFish

    DaFish Well-Known Member

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  14. Get Up And Go

    Get Up And Go New Member

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    I thought that the 360 didn't really have any games til a year after launch. ie. GOW
     
  15. muscle979

    muscle979 Season Ticket Holder

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    360 has already lost most of its edge. I think Sony will get the money back before long.
     
  16. DaFish

    DaFish Well-Known Member

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    I am not denying this at all. Just backing up what the numbers say. The PS3 just wasn't accepted with open arms. I could see it lapping the 360 in sells. The Wii..........I don't know. That system is just selling like crazy and just doesn't show any slow down soon.
     
  17. texanphinatic

    texanphinatic Senior Member

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    The Wii imo isnt really competition for either the PS3 or 360. People are either grabbing it that would not normally get a console (older gamers, parents with young kids etc etc), or grabbing that plus either a PS3 or 360. It just appeals to a wider array of people, is cheaper, family oriented etc etc, but either way you look at it, I dont think its veiwed as a major competitor for either 360 or PS3.
    As for the 2 consoles, XBox came in and had to break into a market dominated by Sony and Nintendo, thus they had to blow loads of cash on the Xbox. It wasnt supposed to be an overnight sensation, it was the break-in for Microsoft. Then the 360 came out running and has proved itself a genuine competitor to Sony, while Nintendo went in a different direction with their console.
    Sony got caught with its pants down on the PS3 a little, but they are catching up now. I dont expect to see the 360 flag to heavily with titles like GoW2 coming up, but niether will they pull far ahead of Sony either. But still, compared to PS2/Xbox Microsoft has to be pretty pleased.
     
  18. Desides

    Desides Well-Known Member

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    If it's listed on the same sales charts, it's a competitor. A gaming device that doesn't compete with the Wii/PS3/360 is the iPhone.
     
  19. texanphinatic

    texanphinatic Senior Member

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    They are all gaming consoles yes, and Im sure they do impact each other, but the Wii selling as many units as it did I dont think impacted the PS3 or 360 sales all that heavily.
    People who are buying the Wii seem to mostly be people who either wouldnt buy a PS3 or 360 anyway, or who have one of those consoles in addition to the Wii. The Wii is more of a niche player, its just found a really really big niche. Bottom line is that if your a gamer who enjoys the type of games coming out on 360 or PS3, your gonna get one of those consoles, as the Wii doesnt have the games to satisfy you.
     
    Stitches likes this.
  20. dolphan117

    dolphan117 Premium Member Luxury Box

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    Yup, that was the plan though. I think Gates said he was hoping to come close to breaking even or making a little on the second (which became the 360) and then make money on the third.
     
  21. texanphinatic

    texanphinatic Senior Member

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    Exactly, Microsoft is determined to make the XBox a viable franchise to compete with Sony.
    Id say its a great thing to have the competition but all the games are priced the same anyway, damn that $60 hurts sometimes :tantrum:
     
  22. DaFish

    DaFish Well-Known Member

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    I can relate. I am finding it hard to spend $40 for a gamecube and Metroid Prime so I can go back and beat that damn game. Gas is killing me.
     
  23. dolphan117

    dolphan117 Premium Member Luxury Box

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    They make pills for that. :yes:
     
  24. Get Up And Go

    Get Up And Go New Member

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    You've got that right. Gas has reached $4.05/g here.:tantrum:
     
  25. DaFish

    DaFish Well-Known Member

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    I asked for that one.:pointlol:
     

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