Sony Still Going Strong
October 26, 2007 by Amy Tucker
Filed under Gaming
Poor Sony.
You’re loosing money hand-over-fist.
¥96.7 billion [841 million dollars] down the ole crapper!
Losses are being attributed to “the strategic pricing of [the PS3] at points lower than its production costs and PS3-related inventory write downs”.
The sky is falling! The sky is falling!
OK. Not so much.
Sony as a whole actually turned a Q2 profit. They even beat profit expectations.
Sony revolutionized console gaming; they know what they’re doing. [I hope]
With the announcement that U.S. markets will in fact be seeing the 40 GB PS3 at the $400 price point on Nov. 2nd, I have a feeling that PS3 sales issues just might be a thing of the past.
Also, the 80 GB is set to drop to 500 smackers. [That's the amount that I paid for my 20 GB]
With the drop in the PS3’s price-point and promising games close to release, I say Sony should hold its head high.
Q2 may have been oh so scary, but Sony’s far from dead.















Sony has made big mistakes with their release of PS3 but don’t count them out yet. Sony, I am expecting a lot of pink slips ….and drastic changes to fix this mess ,but you are Sony it can be done.
Well, I do plan on purchasing a PS3, not an Xbox 360 or Nintendo Wii. Why? Because the PS3 is not loaded with kiddie games (it’s not loaded with games at all waaaaaaah!– but I expect that to change soon), and it’s much more reliable than that blasted 360 that keeps conking out.
Sure, the games lineup of the 360 may be better, but I see a lot of incoming PS3 hits that I think I’ll enjoy playing.
Ergo, I wait for these good games to come out, then I get the PS3. Hopefully by then, the console would be even much cheaper than they are this November.