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Sony Still Losing Money On Their Console

When the PS3 first launched, it wasn’t exactly the most profitable console in Sony’s history. Even to this date, the PS3 is still losing money for every single console sold!

It shouldn’t come as much of a surprise though, seeing Sony did make an official statement that they are purposely selling their consoles on a loss for a reason: they believe PS3 games and peripherals’ mark up prices will be able to bring in some positive profits. Then again, that’s how every single console company works.

Nevertheless, while the PS3 console is still losing money so far, it has improved drastically since last year. Currently, they are only losing about $18 per console, which is really quite a feat, considering it has lost countless amount of money in the past.

The PS3 had come a long way since it’s first introduction, and with the PS3 Slim’s reduced functionality and all, Sony predicts that 2011 will be year where their consoles will start making money for them. Until then, it’s bringing out the money from the pockets for every single console sold!

Via: Kotaku.

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