Sony: PS4 losses will be nothing like those of the PS3

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Sony will not generate as large of a loss with PlayStation 4 as it did when it launched PlayStation 3, according to SCE CEO Andrew House.

Speaking in an investors meeting last week, and reported by Bloomberg, House told investors the pricing of PS4 will not cause as large of a loss as PS3 did at launch – the latter of which caused a $3 billion loss.

“We will not generate anything like the losses we did for the PlayStation 3,” House said, as investment in the system is “much, much smaller,” this time out, what with its PC-like architecture.

Still, Sony expects to report a loss in its game division next financial period due to currency exchange rate shifts.

Such looses will be offset in part by sales of PS4, but the firm no longer expects to break-even for the year, but expects earnings to “deteriorate significantly.”

Posted:
Related Forum: PlayStation Forum

Source: http://www.vg247.com/2013/08/09/ps4-losses-wont-be-anything-like-the-losses-experienced-at-ps3-launch-says-sony/

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"Sony: PS4 losses will be nothing like those of the PS3" :: Login/Create an Account :: 110 comments

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Da_BombPosted:

Jigee
var Why do they need investors? -_-


I'll just assume you've never taken a business class. Sony is a corporation, not a privately owned mom n' pop shop. a corporation sells shares of the business to investors, when those investors purchase a share they are purchasing the right to a small portion of the business. Contrary to what most people like to believe, "Big evil corporations." (Not referring to you on this bit.) aren't owned and operated by one entity.


Actually, stocks give you a very very very small portion of most companys. The vast majority of corporations are majority held by one entity and they do infact have all of the say in the company. Ive been to several investor meetings and basically they just tell you the direction the company is going and projected profits and how they plan to get there.

DMNDSPosted:

Jordan355
var Why do they need investors? -_-


http://i.imgur.com/hP9VJhB.gif

Are you serious?


Lol I think he is

Jordan355Posted:

var Why do they need investors? -_-


http://i.imgur.com/hP9VJhB.gif

Are you serious?

-LivePosted:

Mountaineers Sony won't be able to afford that lose


Yes they will, Sony has many other resources to earn them money and many other "warchests" full of money. They could easily recover from loses if the console flopped which I doubt it will.



TTGxiPro It LOOKs Microsoft Wins Again


Please take your immaturity somewhere else.

JigeePosted:

var Why do they need investors? -_-


I'll just assume you've never taken a business class. Sony is a corporation, not a privately owned mom n' pop shop. a corporation sells shares of the business to investors, when those investors purchase a share they are purchasing the right to a small portion of the business. Contrary to what most people like to believe, "Big evil corporations." (Not referring to you on this bit.) aren't owned and operated by one entity.

OasisPosted:

byLeon Sony will never go out of buisiness, neither will microsoft they are bank owned and have ties into music and other electronic.s ps4 and xbox one are not the end all be all for multi billion dollar companys.


You do realise the collapse of a BANK caused the current recession. To say that a company is untouchable is foolish. The most exciting business in the world won't succeed without great leadership.

No one is safe!

byLeonPosted:

Sony will never go out of buisiness, neither will microsoft they are bank owned and have ties into music and other electronic.s ps4 and xbox one are not the end all be all for multi billion dollar companys.

byLeonPosted:

aimiami12 Sony cant afford to lose that much money. Theyll make there money for sure but it wont be that last quarter of 2013. It'll make them money through out the next 10 years like the ps2 did...bigger and better though.


you do know sony cannot go out of buisiness they have epic records and etc ps4 will make money i know i bought one.

-ELiTEx-Posted:

It LOOKs Microsoft Wins Again

MountaineersPosted:

Sony won't be able to afford that lose


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