PlayStation 3 might actually start earning

Nobuyuki Oneda, the CEO of Sony, stated recently during the company’s investor call concerning the first quarter said that the PS3 now costs a full 70% less than what it originally cost to make. This leads me to do a little maths. If you take the original MSRP of a PS3 ($600) and add in the expected loss they were selling it for (about $300) that means that they’ve managed to shave off almost $630 dollars worth of manufacturing costs.

“The cost reduction since we introduced the PS3 is very substantial and this is on schedule. We don’t disclose how much of the PS3, specifically the cost deduction was achieved during the past two years. But that is on schedule.”

This certainly is good news for Sony as a company, now if they could manage to make back the mountain of money that they’ve lost since it’s launch. The only way I can see that happening is if they were indeed telling the truth about the PS3 being a 10 year console. I guess we’ll just have to wait and see.

by Alan Smithee

I sit upon my throne as the owner/shogun of this site, WatchPlayRead. But it wasn't always so. I too have had blogspots, I've done other community blogs, I've even written professionally for other sites out there...yet none of them provided the content I had a real passion for. It is then that I became tired of being a small cog in a big machine, and of writing about nothing but game news after game news article and the periphery that comes from such schlock, like knowing who Michael Pachter and Bobby Kotick are. I decided to start MediaWhoreNetwork.com and ran up my post count there for about 2 years, commenting about any and everything that I wanted to. I even started a weekly podcast that I feel has come into its own. It wasn't until earlier this year that I realized that having the word "whore" in your URL might be a bit limiting to my potential audience. I then made the website and its branding move over to WatchPlayRead.com.

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