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PS3 to start turning profit by March 2009

Written By Pendelino 50 days ago
News Category: Industry News
Relevant Consoles: : PlayStation 3
As many people know, the Playstation 3 hasnt been a financial success for Sony yet, every console sold has not led to profits for the company but the trend is about to change according to Sony Kaz Hirai. He beleives that overall PS3 operations will start to bring in profit by the end of March 2009.

Keeping in mind that overall PS3 operations includes more than selling the console, it also includes the peripherals, software and downloadable titles, it may not seem important to the gamer population, but unless the PS3 can do this, shareholders and other decision makers might start to question the future of the PS3.



Tags : 2009 : March : PlayStation 3 : PlayStation Network : playstation portable : profit : Sony



Comments

By: deanogee

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On: 01:18 Jul 18th, 2008
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jeez thats actually quite bad... thats 9 months!!

hmmm the PS3 has really struggled...

By: Evren

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On: 03:04 Jul 18th, 2008
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Thats not half as bad as I thought, but then I thought Sony was in the ****ter.
Ahaha.

It could get better with more games...Frankly, I doubt it though.

By: Dragonsoul

On: 03:42 Jul 18th, 2008
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That's pretty sad, tbh. I mean, sure it's sooner than expected, but still. One would hope the company to make a profit shortly after the console's release rather than so far in the future.

Good luck to Sony anyways.

By: SwitchxA

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On: 03:55 Jul 18th, 2008
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Thats not to bad considering it will be the start of the third year. Lets not forget that Microsoft has only recently turned a profit with their entertainment division. So it's about average time over all.

By: boa

On: 03:58 Jul 18th, 2008
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2006/2007 was the Microsoft entertainment divisions first profitable year, period, so Sony are doing pretty well ^__^, considring so few PS3's have sold, and they've lost so much money per console.

By: Glorin

On: 02:38 Jul 19th, 2008
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I really hope the PS3 starts doing well. Not only because I am Sony fanboy buy because it should lead to more competion which is a good thing. I like it when everyone is fighting for the lead it gives us a lot of good games and features.

I do think that they will start selling more PS3's too... We'll have to wait and see, I guess.

By: Pendelino

On: 04:14 Jul 19th, 2008
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Glorin;54767

I really hope the PS3 starts doing well. Not only because I am Sony fanboy buy because it should lead to more competion which is a good thing. I like it when everyone is fighting for the lead it gives us a lot of good games and features.

I do think that they will start selling more PS3's too... We'll have to wait and see, I guess.



Thats true, if Sony fails at this and Microsoft gain the lead, it'l be the end of competition for a real games console lol and that means less quality products

By: Laylia

On: 05:58 Jul 19th, 2008
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I sort of addressed this in my post about the 360 "stealing" games from PS3.

Needless to say, I agree that the PS3 needs to keep going strong.

By: ManicGamer

On: 09:02 Jul 20th, 2008
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It also helps not to have to replace a THIRD of your consoles when trying to turn a profit. ESPECIALLY when you released your machine an entire year later.

In the business world this is commonly referred to as ?FORETHOUGHT".

Rather than rush to be first, you invest in the quality of your product ...


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