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Sony: Stringer: PS3 Dragging Profits Down Sony: Stringer: PS3 Dragging Profits Down
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Old 30-October-06, 11:23 AM   #1 (permalink)
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Default Sony: Stringer: PS3 Dragging Profits Down
Sony boss Howard Stringer says the company will need to find profits from non-games related sectors, to offset the costs of PlayStation 3, now set to lose the firm $1.7 billion this year.

Quote:
Originally Posted by NextGeneration

Speaking earlier today he said, “We promised that margins for next year will be 5 percent and we have every intention of doing that. Considering some of the additional costs of PlayStation 3, we have to generate some excitement and profits from elsewhere in the company to offset the performance of PlayStation 3."

Full story at NextGen

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