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PS3 No Longer Sucking Wind

July 1, 2010 11:22:18.000

It took Sony a long time to get to this point - the point where a sale of the PS3 doesn't cost them money:

"This year is the first time that we are able to cover the cost of the PlayStation 3," Yoshida said. "We aren't making huge money from hardware, but we aren't bleeding like we used to."

In the interim, as game development for the platform initially lagged, they lost a lot of ground on the "hardcore gamer" front to Microsoft, and got surprised on the other end by Nintendo. They run the risk of slipping again - it looks like MS will have Kinect (their answer to the Wii) out at the same time that Sony will have their version (and Sony's version looks, well, strange).

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posted by James Robertson

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