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Old 06-30-2006, 08:18 PM   #1
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Default Sony To Lose Money On New Game Systems

Japanese game maker Nintendo says it will lose money on the launch of its new video gaming system -- just not as much as Sony will lose for its PlayStation 3. Both systems are due out later this year.

Sony expects to post a $884 million operating loss at its game division due to costs related to the PS3 launch. Game system manufacturers often lose money on initial console sales, but recoup those losses over the life of the product through software sales.

"We can't promise we won't have... a loss, but we are not expecting an enormous loss," Nintendo President Satoru Iwata said. "It is a strange notion that a game console always leads to mounting losses in the beginning."

http://kutv.com/topstories/local_story_158162353.html
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Old 05-14-2008, 04:01 AM   #2
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Default Re: Sony To Lose Money On New Game Systems

By the way, the creator of Nintendo is the richest man in Japan
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Old 05-14-2008, 07:30 AM   #3
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Default Re: Sony To Lose Money On New Game Systems

Very old thread, mate.
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Old 11-17-2008, 01:56 AM   #4
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Default Re: Sony To Lose Money On New Game Systems

I don't know why they are afaid of losing money, when they have so much
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