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/

Comments

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KatsumiPosted:

Boar Well I don't expect the same losses, there is a lot more Playstation players now than when there was back with the PS2.


There are also a lot more Xbox players than there was back when the PS2 and Original Xbox where around. Hopefully they will not make a huge loss with the PS4

KatsumiPosted:

Pinballs Wow that's cheaper than i thought it would be :0 maybe i should buy a ps4 instead of spending $500 for an xbox one


It really depends what you are looking for in a console, make sure to research both of them before actually making a decision

_BalePosted:

PS3 may of been hacked a couple of time but XBOX live is going down more than Tulisa lately..

DJ_INSOMNiAPosted:

Katsumi
ChelseaFC6 I think ps4 is gonna get hacked like ps3 did


I don't think they will be hacked.. They have pretty obviously improved their security since the 2011 incident.


now the console is more like a computer, bigger security risks are involved in that

JRTPosted:

JakesLobbies-
ChelseaFC6 I think ps4 is gonna get hacked like ps3 did


I sorta agree, Sony has a thing for getting hacked


Man, that's completely unfair. You can't judge Sony by their past. Everybody makes mistakes, the only thing what matters is whether or not you learn from them.

BoarPosted:

Mitz this console will get hacked like last time i bet you


They might do, but its unlikely to happen again.
I'm sure it was a one time thing.

BoarPosted:

Well I don't expect the same losses, there is a lot more Playstation players now than when there was back with the PS2.

MitzPosted:

this console will get hacked like last time i bet you

KatsumiPosted:

ChelseaFC6 I think ps4 is gonna get hacked like ps3 did


I don't think they will be hacked.. They have pretty obviously improved their security since the 2011 incident.

AxePosted:

I can't believe that the PS3 racked up a 3 Billion Dollar Loss, thats insane.