Sony Posts PS3 Operating Losses.

Logan King
June 27, 2008

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Said By Yahoo Games

Think you paid too much for your Playstation 3? Don't expect any sympathy from Sony.
In the company's fiscal 2008 annual report, Sony revealed that they've now lost roughly $3.3 billion (that's billion with a B) on the Playstation 3 since its launch. That breaks down to $2.16 billion in 2007, followed by a notably smaller but equally daunting $1.16 billion loss in 2008.


For comparison purposes only, really. Unlike Microsoft, who has nothing to really show for their losses with the Xbox 360; I doubt Sony shareholders are worried too much about it as Sony's Blu-Ray gamble paid off. It does show that Sony managed to halve their operating losses within a year while Microsoft is seemingly having more trouble doing so (in addition to losing far more money), though the over a billion put aside for the warranty extension and repair program probably didn't help Microsoft meet their goal.


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