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Sony 'PlayStation' division sees shrinking lossesDVDBack23 @ May 05, 2008 20:36 | 16 comments Sony's videogame unit, sometimes known as the "PlayStation" unit, has announced that it is expecting to see its losses shrink by about $956 million USD for the 12 months ended March 31, 2008. Because of PlayStation 3 start-up costs , the previous 12 month period had seen the division lose about $1.43 billion USD.
The figures are according to the Japanese Nikkei daily and the whole corporation is expected to see its operating profit increase five fold. Even with that growth however, the corporation is expected to miss its profit targets.
The January forecast was $3.91 billion USD but the Nikkei predicts that the company will only see a $3.63 billion profit, far below its estimate.
Sales of TVs and digital cameras were very strong for the year and official full year earnings will be released next week. Sony spokespeople said they would not comment on the Nikkei's report. |
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Comment by: iluvendo (May 05, 2008 20:41) Everyone is buying PS3 instead of a standalone BD player. Dual purpose and less expensive. |
Comment by: bdoggie08 (May 05, 2008 21:25) just a great system, but shitty games. Best built system, with a low failure rate, no RROD, and an internet browser. Next it'll cook food and make our coffee. |
Comment by: JorDogg (May 05, 2008 22:13) Originally posted by bdoggie08: If only it made our coffee.... ahh coffee! |
Comment by: domie (May 05, 2008 22:44) Bring back the Goblin Teasmaid NOW !!!!!! |
Comment by: susieqbbb (May 05, 2008 23:09) no thank you i am happy with my dvd converter that upconverts dvd's to 1080I and besides dvd' are cheaper i am not willing to spend 70.00 for special edition bluray movies when i can get dvd special edition movies for only 30.00 |
Comment by: viny1313 (May 05, 2008 23:31) Originally posted by susieqbbb: PS3 upscales to 1080P ;)
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Comment by: Hunt720 (May 05, 2008 23:43) Quote: Very true.
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Comment by: nobrainer (May 06, 2008 07:24) Originally posted by iluvendo: doubtful, and if it was true (lmao) how is this good that sony has basically priced every other manufacturer off of the shelves, what incentive is there to make the players if they cannot compete?
Originally posted by hyperlink: The BPI Are: SONY, UNIVERSAL, WARNER GROUP, EMI.
The RIAA Soundexchange Are: SONY, UNIVERSAL, WARNER GROUP, EMI. The IFPI Are: The same anti consumer lot as listed above! The MPAA Are: SONY, UNIVERSAL, WARNER GROUP, DISNEY, PARAMOUNT, FOX. |
Comment by: SDF_GR (May 06, 2008 10:55) Originally posted by bdoggie08: +plus no need to buy extra staff, like batteries for the controller, external drives, pay to play On-line, and all PS3 versions have HDD. |
Comment by: viny1313 (May 06, 2008 12:08) The best system is bound to have the best games... Eventually...
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Comment by: 7thsinger (May 06, 2008 13:19) Quote: Isn't that a damn shame? |
Comment by: tyrant897 (May 06, 2008 16:55) I don't know if it's just me. But I am the type that is pleased to have a quality piece of equipment first, the games will follow and I will gladly wait patiently for them.
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Comment by: nobrainer (May 06, 2008 17:44) Originally posted by tyrant897: what's the point in owning a console and paying the current price with the hope of decent titles being released that aren't multi format. why not w8 until several decent games have been released instead of paying a high premium to just look at your ps3 and maybe the ps3 will drop in price again now that foxconn sweatshop labour is being used to manufacturer them!
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Comment by: tyrant897 (May 06, 2008 18:04) I have not said I bought one and let it sit, I have used the ps3 since the day I bought it. And yes the next one will be cheaper than the first.
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Comment by: xblade132 (May 06, 2008 21:22) Here's an idea that I bet nobody thought of..!
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Comment by: Hunt720 (May 07, 2008 19:36) Quote: Translation: "wahhhhhhhhhh"
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