Industry News
Sony's profits triple despite poor gaming division
Sony's slow console sales and dismal gaming division performance has not slowed the company down as a whole, with the company posting a record high profit for the past year. Sony's net profit has done a massive tripling, largely due to huge sales in the digital camera and laptop markets.
Other aspects of the company helped profit too, such as them selling off or shutting down parts of the business that weren't “core”, a common tactic that many large companies take. Given that the PS3's manufacturing costs have gone down since release and will continue to do so most likely, next year may be a different story for the PS3.
Other aspects of the company helped profit too, such as them selling off or shutting down parts of the business that weren't “core”, a common tactic that many large companies take. Given that the PS3's manufacturing costs have gone down since release and will continue to do so most likely, next year may be a different story for the PS3.
User Comments (5)
Post a comment| mirob on May 15, 2008 12:46 AM | I avoid Sony as much a possible.
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| BMfan on May 15, 2008 12:19 PM | sony's great if you can't afford high end sound
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| gamerguy53 on May 15, 2008 3:04 PM | Originally posted by mirob: I avoid Sony as much a possible. so do I
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| OUTLAWXXX on May 19, 2008 8:55 PM | Whats pretty sad is that us americans will avoid companies based on their rep, but In japan and basically most asians, They avoid Microsoft and American companies because... "Their not asians companies" how cheap and pussy is that.
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| OUTLAWXXX on May 19, 2008 8:56 PM | Same exact thing goes for cars and most other industries...
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