Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Sony has lost over $3 billion on the PS3
yahoo games ^ | 27 June 2008 | Ben Silverman

Posted on 06/26/2008 10:03:54 PM PDT by stainlessbanner

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.

(Excerpt) Read more at videogames.yahoo.com ...


TOPICS: News/Current Events
KEYWORDS: entertainment; games; ps3; sony; videogames
Navigation: use the links below to view more comments.
first 1-2021-4041-6061-72 next last
Production costs too high, losing money on each unit sold.

Strategy is to make up the difference with video game sales and increased market penetration.

1 posted on 06/26/2008 10:03:54 PM PDT by stainlessbanner
[ Post Reply | Private Reply | View Replies]

To: HamiltonJay

IIRC, you follow the console battles


2 posted on 06/26/2008 10:07:43 PM PDT by stainlessbanner
[ Post Reply | Private Reply | To 1 | View Replies]

To: stainlessbanner

Good.
I hope they suffer.

I bought a 2 year ~extended~ warranty on my Vaio laptop when the factory one year warranty was up only to be told it was actually only *one* “extra” year because they counted the *first* year ~in~ the -2- year ~extended~ warranty.

The screen is messed up from magnetism because of a known, flaw in this model’s speaker shielding [this is from their tech people] and they won’t honor the 2 year warranty I paid for and fix it.

Have a lot of Sony stuff here [some of it, insanely expensive] but I’m never gonna buy another thing from them.


3 posted on 06/26/2008 10:13:41 PM PDT by Salamander (And don't forget my Dog; fixed and consequent......)
[ Post Reply | Private Reply | To 1 | View Replies]

To: stainlessbanner

Apparently the best option for a future-proof Blu-Ray player as well as a fine gaming console.


4 posted on 06/26/2008 10:16:10 PM PDT by AnotherUnixGeek
[ Post Reply | Private Reply | To 1 | View Replies]

To: stainlessbanner
Not really surprising here, Nintendo's Wii is about 1/3rd the price and has outsold the PS3 by an overwheming margin.

What I'd like to know is why all these third party video game companies keep releasing games for the failed PS3 instead of the successful Wii. Why are all the Metal Gear, Final Fantasy, Silent Hill, and Call of Duty game series being released on PS3 and not Wii?

5 posted on 06/26/2008 10:19:12 PM PDT by BillyBoy (Support Operation Chaos!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: BillyBoy

Just guessing, it might be exclusive agreements with Sony were signed for those titles and now they are locked in.


6 posted on 06/26/2008 10:26:35 PM PDT by stainlessbanner
[ Post Reply | Private Reply | To 5 | View Replies]

To: stainlessbanner
Anti-Christian Sony lost 3.3 billion dollars?

boo-hoo

Let me try again...

Boo-Hoo!

Was that good?

7 posted on 06/26/2008 10:33:48 PM PDT by Berlin_Freeper (Vote For McCain But Trust In The Lord.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: AnotherUnixGeek
Apparently the best option for a future-proof Blu-Ray player as well as a fine gaming console.

You bet. The PS3 Blu Ray works real good, and no need for another component.

8 posted on 06/26/2008 10:37:51 PM PDT by dragnet2
[ Post Reply | Private Reply | To 4 | View Replies]

To: Salamander

Cough...I used to work for Sony “some” time ago, and I agree with ya. The reason why I had PS1 in the first place was to play Gran Turismo with my little brothers.


9 posted on 06/26/2008 10:40:48 PM PDT by max americana
[ Post Reply | Private Reply | To 3 | View Replies]

To: max americana

They even whup Dell in the “screw over your loyal customers” department.

I did not think that possible.


10 posted on 06/26/2008 10:47:13 PM PDT by Salamander (And don't forget my Dog; fixed and consequent......)
[ Post Reply | Private Reply | To 9 | View Replies]

To: Berlin_Freeper

“Anti-Christian Sony”

Backstory details, please?

[not that I really *need* another reason to detest them even *more*, right now]....;)


11 posted on 06/26/2008 10:49:09 PM PDT by Salamander (And don't forget my Dog; fixed and consequent......)
[ Post Reply | Private Reply | To 7 | View Replies]

To: stainlessbanner

Boo hoo for Sony. I’ll skip anything with that name on it because of their track record. Blue ray is a tech system I will bypass. There will be a better, cheaper system that is not Sony proprietary in a year. It’s not always smart to be the first to own something. I’ll let the Jones’s eat the cost of this one by themselves


12 posted on 06/26/2008 10:49:28 PM PDT by Figment ("A communist is someone who reads Marx.An anti-communist is someone who understands Marx" R Reagan)
[ Post Reply | Private Reply | To 1 | View Replies]

To: stainlessbanner

Anyone who has a PSP has too much time and money on their hands.


13 posted on 06/26/2008 10:53:10 PM PDT by Ronin (Is there some rule that says that when an evil man gets sick, we must pretend he was saint?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Salamander

**They even whup Dell in the “screw over your loyal customers” department**

HP beat both of them. I have a lemon laptop that I paid 2 year warranty and HP won;t honor their contract. I already notified the Atty General etc, and pondering filing suit with the L.A. Small Claims Court for X amount.

HP already won the Harris Poll as the worst in computer customer satisfaction.


14 posted on 06/26/2008 10:53:36 PM PDT by max americana
[ Post Reply | Private Reply | To 10 | View Replies]

To: stainlessbanner
A couple years back, Konami had an "exclusive" agreement with Nintendo to release all their Resident Evil games on Nintendo's Gamecube, but they later bailed on the deal and ported those games over to Playstation 2 when it was clear PS2 was selling better.

But now with the siutation reversed, all these game companies keep tossing their best titles on the PS3 and ignoring the hugely successful Wii. It's very frustrating for me as a Wii owner. Haven't these companies ever heard of supply and demand? It's like they want to go down with the ship. The only way I can play these games is by buying the Windows version.

Major NON-Sony created game franchises being released on PS3 and not Wii:

Tekken 5: Dark Resurrection Released by: Namco Bandai Games (2007)
Virtua Fighter 5 Released by: Sega (2007)
Q*bert 2007 Released by: Gottlieb (2007)
The Elder Scrolls IV: Oblivion Released by: Bethesda Softworks (2007)
The Elder Scrolls IV: Shivering Isles Released by: Bethesda Softworks (2007)
Tom Clancy's Ghost Recon: Advanced Warfighter Released by Red Storm Entertainment (2007)
Clive Barker's Jericho Mercury Released by: Steam (2007)
Call of Duty 4: Modern Warfare Released by: Infinity Ward (2007)
Time Crisis 4 Released by: Nex Entertainment (2007)
The Orange Box Released by: The Orange Box Valve Corporation (2007)
Devil May Cry 4 Released by: Capcom (2008)
Grand Theft Auto 4 Released by: Rockstar games (2008)
Metal Gear Solid 4: Guns of the Patriots Released by: Konami (2008)
Mortal Kombat vs. DC Universe Released by: Midway (2008)
Final Fantasy Versus XIII Released by: Square Enix (TBA)
Final Fantasy XIII Released by: Square Enix (TBA)
Silent Hill: 0rigins Released by: Konami (TBA)
Resident Evil 5 Released by: Capcom (TBA)

15 posted on 06/26/2008 10:54:43 PM PDT by BillyBoy (Support Operation Chaos!)
[ Post Reply | Private Reply | To 6 | View Replies]

To: max americana

Oh, great.

Guess what I bought to replace the Sony.....:-\

[How does one go about doing the atty. general/claims dealy? If I gain nothing else, annoying them will suffice]


16 posted on 06/26/2008 10:58:22 PM PDT by Salamander (And don't forget my Dog; fixed and consequent......)
[ Post Reply | Private Reply | To 14 | View Replies]

To: BillyBoy

Resident Evil 4 is the best game on the Wii, and you’re saying that Resident Evil 5 is PS3-exclusive? That’s no good.


17 posted on 06/26/2008 11:00:14 PM PDT by Junior_G
[ Post Reply | Private Reply | To 15 | View Replies]

To: BillyBoy

Are you frigging nuts?
The Wii is a toy.
the PS3 is an unbeliveable piece of machinery.
Give me a break.
I bought it thinking i was still into games. the multi-media aspect is what i ended up using. It plays almost all formats, if i’m too lazy to burn or copy i just stream wirelesly from my pc to the ps3.
Sony “Home” which will be out soon is about to tranform millions of losers into on-line zombies.
Oh yea, Wii is a nice “toy” but please. PS3 games now and in the future completely blow it away.

But you say the Wii cost 1/3 the price?
Yea it does.

You ask why are the Huge game companies making the incredible games that work best on the ps3?
Because the PS3 is the best machine to play them!!
Duh!

Look at sales charts, Sony has sold a crapload of machines this year, and while people start realizing the 360 is actually the failed product expect a hell f a lot more sales to come.

Again the WII is a toy for little kids and their ignorant parents.


18 posted on 06/26/2008 11:03:48 PM PDT by mowowie
[ Post Reply | Private Reply | To 5 | View Replies]

To: mowowie

“Again the WII is a toy for little kids and their ignorant parents.”

Yuck. A fanboy.


19 posted on 06/26/2008 11:07:37 PM PDT by Boxen (If we can hit that bull's-eye, the rest of the dominoes will fall like a house of cards...Checkmate!)
[ Post Reply | Private Reply | To 18 | View Replies]

To: Salamander

It’s a huge company with many long tentacles...

http://www.google.com/search?num=100&hl=en&q=sony+anti+christian&btnG=Search


20 posted on 06/26/2008 11:08:20 PM PDT by Berlin_Freeper (Vote For McCain But Trust In The Lord.)
[ Post Reply | Private Reply | To 11 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-72 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson