Sony no longer losing money on each PS3

1 min read
10

Shuhei Yoshida

Shuhei Yoshida, President of Sony Worldwide Studios, has told IGN that Sony are no longer bleeding money on the PS3 and have finally reached a point where they are able to cover the cost of a PS3.

However he was quick to re-iterate that this doesn’t mean we can expect a PS3 price cut anytime soon with Sony’s current plan being to offer up more bundles and get more stock into retail.

This is quite a momentous occasion for Sony and you can bet that there were a few corks popped at Sony’s headquarters when this milestone was reached.

Personally I think the PS3 is at a great price point now so I don’t expect a price cut until the Xbox 360 decides to drop by another $50 again and I don’t expect that to happen until next years holiday season, not with the Kinect and Move coming out later this year.

Source: IGN

Last Updated: June 30, 2010

Gavin Mannion

I for one welcome our future robotic overlords

Check Also

It’s time to play the E3 2018 bingo

E3 is no stranger to that phenomenon of estimation, as every year happens to have a few tr…