Why did sony lose money on ps3?

Why did Sony lose money on the PS3? Sony's supporting documentation cites “lower sales of hardware and software of the PSP and PlayStation3” as the main reason for the game sales loss. All told, there was an operating loss of $45 million in the quarter, which represents a 14.5% year-on-year drop for their game sales.

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2024-01-20 12:07:34

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Is sony making money on ps5?
The increase in PS5 console sales is part of the reason Sony has increased its year-end operating profit forecasts to 1.18 trillion yen (around $9.1 billion), up from 1.16 trillion yen previously, Nikkei notes.
2024-02-13 15:07:41

Why did sony lose money?
Sony said its decline in gaming profits was due to an increase in game development and acquisition costs (including its purchase of Bungie), as well as a negative impact of foreign exchange rates reflecting a high ratio of USD costs.
2024-02-09 12:09:32

How much did sony lose on ps3?
Sales of Sony's PlayStation 3 have resulted in losses of $3.3 billion dollars since the system's launch, reports Forbes.
2024-01-01 21:07:56

Does sony lose money selling consoles?
Do Sony and Microsoft sell consoles at a loss? Consoles have historically been sold for less than they actually cost to produce and distribute. Sony sold the PS4 at a loss, for example, and during its comments amid the Epic vs Apple lawsuit, Microsoft admitted it has never profited from the sale of any Xbox console.
2023-02-18 17:26:45

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