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Title: Sony lost HOW MUCH on its gaming division??? Post by: UnSub on June 22, 2008, 08:57:48 PM Why, $3.4 billion (http://www.imdb.com/news/ni0250134/).
This is while the MS Xbox 360 division (http://arstechnica.com/news.ars/post/20080125-gaming-profitable-once-again-as-microsoft-reports-earnings.html) reportedly makes money. More recent figures would be nice if anyone can find them. Feel free to point out how I missed something important in this story. Title: Re: Sony lost HOW MUCH on its gaming division??? Post by: Lakov_Sanite on June 22, 2008, 09:22:25 PM Why, $3.4 billion (http://www.imdb.com/news/ni0250134/). This is while the MS Xbox 360 division (http://arstechnica.com/news.ars/post/20080125-gaming-profitable-once-again-as-microsoft-reports-earnings.html) reportedly makes money. More recent figures would be nice if anyone can find them. Feel free to point out how I missed something important in this story. WTS used ps3 half off $500 obo Title: Re: Sony lost HOW MUCH on its gaming division??? Post by: Margalis on June 22, 2008, 11:51:11 PM For MS it might make sense to lose money in gaming. They want to rule the living room (although they've failed miserably at that for 15 years or so) and they have plenty of other products. Sony? With gaming and TV losing money what the hell do they have left?
Title: Re: Sony lost HOW MUCH on its gaming division??? Post by: Trippy on June 22, 2008, 11:58:28 PM TVs are just a part of their total electronics business and their Electronics division is ~2/3rds of their total revenue. Games is small part of their total business.
Title: Re: Sony lost HOW MUCH on its gaming division??? Post by: Margalis on June 23, 2008, 01:04:32 AM I suspect they are losing ground on general consumer electronics though. They haven't had a breakthrough product in a while and their reputation isn't what it once was.
Title: Re: Sony lost HOW MUCH on its gaming division??? Post by: stray on June 23, 2008, 01:18:17 AM They make a lot of good stuff. People are just willing to settle for not-quite-as-good to completely cheap shit.
I think their cameras suck though. Title: Re: Sony lost HOW MUCH on its gaming division??? Post by: ahoythematey on June 23, 2008, 01:36:30 AM Last I heard, they were banking on OLED tech being the next big thing for them.
Title: Re: Sony lost HOW MUCH on its gaming division??? Post by: Fabricated on June 23, 2008, 02:55:11 AM Wow, so the MS Games division actually posted a profit again? That's amazing considering it hasn't done that more than a few times since it started.
Title: Re: Sony lost HOW MUCH on its gaming division??? Post by: Merusk on June 23, 2008, 03:10:45 AM I suspect they are losing ground on general consumer electronics though. They haven't had a breakthrough product in a while and their reputation isn't what it once was. That was why we had the story about them moving the President off to 'dead end land" about, what, a year ago. They'd been focusing on super high-end shit and losing big shares of the market. Things like the $5,000 robot and other shit that was linked in the thread but I had so little interest in I can't even remember it now. Title: Re: Sony lost HOW MUCH on its gaming division??? Post by: bhodi on June 23, 2008, 04:51:58 AM They recently axed their SXRD TV line and are focusing solely on LCD TVs for the foreseeable future. They aren't the only ones, though.
Title: Re: Sony lost HOW MUCH on its gaming division??? Post by: Aez on June 23, 2008, 06:14:24 AM That's a good news. I'm always happy to see big companies fail after they decided they were better than their customers. It's like those stupid american car companies, what the hell were they thinking? The sad part of those stories is that the CEO responsible for the shitty decisions are always "compensated" with millions.
Title: Re: Sony lost HOW MUCH on its gaming division??? Post by: Engels on June 23, 2008, 06:26:57 AM I was sorta half hoping that Japanese corporate culture might be different and that some key CEOs might get handed a sepuku knife.
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