Sony Still Going Strong

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 …read more