Sony’s Profits 50% Down

Tuesday 30 January 2007 @ 12:05 am | By Ivan 'Nahu' Lozano

If you're new here and you like what you see, you may want to subscribe to our RSS feed, and browse around for more fun stuff. Thanks for visiting!

sonycrash.jpgGamasutra reports that an estimate from five different analysts concludes that Sony’s third quarter profits could see a 50% drop from slow sales of the PS3. The culprit? Not the Xbox 360, thats for sure. These analysts blame the “unexpected” success of the Wii for Sony’s losses. Gee, while the success of the Wii has been above some expectations, anyone who was up to date with the industry and the gamers leading to the launch could see that the Wii was going to be big. It goes to show how well informed some of these analysts are.

[Gamasutra]

Filed in: Web Notes Tags: , , ,
Related Posts
  • Guy resells his PS3 on ebay for $9.99
  • Kutaragi speaks the truth
  • Sony’s Cell CPU Doing Worse Than Expected
  • Why Console Wars Don’t Matter

    •

    Have your say!

    Features






    Lovely Ads

    Top Tags

    Contact us!

    Got a juicy tip? A press release in your hands? Need to let us know about something? We're just a simple contact form away!

    Kick Our Asses!




    Upcoming Releases & Events

    Poll

    Do you buy anime merchandise? Figures, models, t-shirts, pillow cases (no need to hide it)

    View Results

    Loading ... Loading ...
    Polls Archive

    The Dark Diamond Crew

    Abraham 'Velcor' Duarte



    Amy Fairchild



    Ben 'FBINinja' Schmidt



    Chris 'Taco' Martinkovic



    David 'KidKobun' Bruno



    Ivan 'Nahu' Lozano



    Random J



    tskiller



    Vekter



    Listed alphabetically, recently active

    Month's Top Commentators