Kotaku

PlayStation Biz Almost Posted $2 Billion Loss

So close. Sony have handed in their financial results for the year ending March 31. You may remember, they launched the PS3 during that time, and even though it's cost them a fuckton of cash, it's not doing so well. Think that's affected their bottom line? You bet it has.

While last year Sony Corp as a whole raked in 226.42 billion yen (USD$1.88 billion) in operating profits, this year, they could only scrape together 71.8 billion (USD$596 million). That's a drop-off of USD$1.28 billion dollars. Think that was because of the PS3? You bet it was.

The games biz lost a staggering $1.9 billion, so anyone who took a guess at that $2 billion loss, go get yourself a gold star.

Please direct all "snap", "oh snap" and "pwned" statements to the comments section, the line forms to your left.

PS3 launch hits Sony profits [Gamesindustry]

5:30 AM on Wed May 16 2007
By Luke Plunkett
30,684 views