Latest in Gaming

Image credit:

Sony's Yoshida says PS3 is now turning a profit, no plans for a price cut

Share
Tweet
Share

Sponsored Links

We'd already seen some evidence that Sony was lowering the manufacturing costs of the PlayStation 3, and it looks like that's now finally starting to pay off -- Sony exec Shuhei Yoshida has confirmed to IGN that the console is at long last actually turning a profit. Of course, that profit is apparently still a fairly small one (and might just be breaking even), with Yoshida only saying that "this year is the first time that we are able to cover the cost of the PlayStation 3," and that "we aren't making huge money from hardware, but we aren't bleeding like we used to." That also unsurprisingly means that Sony still isn't planning a price cut anytime in the near future, with Yoshida instead saying that Sony will focus on more bundles like Move / Sports Champions package announced at E3.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share

Popular on Engadget

Watch OSIRIS-REx take a bite out of asteroid Bennu's surface

Watch OSIRIS-REx take a bite out of asteroid Bennu's surface

View
'Uncharted' set photos offer our first look at Tom Holland as Nathan Drake

'Uncharted' set photos offer our first look at Tom Holland as Nathan Drake

View
Jabra's ANC update for the Elite 75t earbuds is now available

Jabra's ANC update for the Elite 75t earbuds is now available

View
The Apple TV app is coming to PS4 and PS5

The Apple TV app is coming to PS4 and PS5

View
Amazon Echo (2020) review: Small in stature, mighty in sound

Amazon Echo (2020) review: Small in stature, mighty in sound

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr