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Sony sees its biggest quarterly loss in four years

post #1 of 5
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Quote:
Sony saw its quarterly losses grow for the fourth fiscal quarter (January 2007 to March 2007). Not surprisingly, the company cited that its overall $563 million USD loss – the company’s biggest quarterly loss in four years -- can be directly attributed to costs associated with the PlayStation 3 console. The company’s Games division witnessed a $1.9 billion USD loss.
http://www.dailytech.com/article.aspx?newsid=7313
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post #2 of 5
Gota take a hit to advance technology...
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post #3 of 5
Thread Starter 
Quote:
Originally Posted by Chopes View Post
Gota take a hit to advance technology...
But a $2 billion one? And it isnt advancing tech that much.
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post #4 of 5
Well, they are introducing a new media to the scene. Just like VHS->DVD they are trying to speed it up by dropping alot of cash into it.

It seems to be working as the media prices are slowly dropping month by month.

If Sony can pull it off, they can make that back in notime in the long run.
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post #5 of 5
Quote:
Originally Posted by Chopes View Post
Gota take a hit to advance technology...
Very true

Quote:
Originally Posted by J3r3my View Post
But a $2 billion one? And it isnt advancing tech that much.
Not so much the actual Tech but consider the hardware within, Apart from the fact its the first games console to have Blu-ray you need to also consider that its a multimedia hub.
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