Sony CFO: Less PS3 Sales Meant Fewer Losses

Published: July 30, 2007, 11:05 pm

Tags: games industry, sony, game platforms, game companies, playstation 3 sales, sony cfo

Who knew that by selling fewer PlayStation 3s it would turn out to be a good thing for Sony? Probably not Sony, but their CFO is liking it. “Actually, because the number of units sold was not as high as we hoped, the loss was better than our original expectation,” Nobuyuki Oneda, Sony Corporate Financial Officer, said in a MyArcadePlanet post. That almost makes sense to most people who read it. I think what he means is that Sony was planning for a huge loss all at once, but now they can expect to take that huge loss over a longer period of time. You know, whatever the Sony executives want to tell themselves to help their sleep is completely within their rights. And come November they are definitely going to have some sleepless nights–the poster on the site makes a good point that the holiday season may very well make or break the PlayStation 3. I think it’s going to make it. Source: MyArcadePlanet.Com ---Related Articles at Gaming Today:Sony's Profit Falls

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