Legit News
Sony looks for profits elsewhere to offset PS3
Sony is looking for profits in movies and consumer electronics to offset the costs related to its upcoming PlayStation 3 game console, the company said Monday. However, the world's second largest consumer electronics maker said it still plans to achieve profit margins of 5 percent next year.
However, Sony expects losses at its game unit to nearly double from its initial estimate to $1.71 billion (200 billion yen) for the fiscal year that ends in March. That's in part because it has chosen to cut the release price of a PS3 with a 20GB hard drive by 20 percent in Japan.
Posted by | Mon, Oct 30, 2006 - 06:50 AM
Search
Hot Topics
- Sandy Bridge Overclocking Question(s)
- Intel settles New York antitrust case for $6.5 Million
- PowerColor HD7970 w/ Dual Fan Cooler Announced
- AMD Radeon HD 7950 3GB CrossFire Review
- AMD 1090T AND INTEL 2500K
- AMD 1090T AND INTEL 2500K
- AMD 1090T AND INTEL 2500K
- To Upgrade or not to upgrade?
- GIGABYTE Partners w/ CybperPowerPC To Offer Intel Warranty
- AMD Sends Performance Enhancing Benchmark Pills to LR
Socialize