Sony Expected To Lose An Additional $200m

Discussion in 'Sony' started by Wickett, May 1, 2014.

  1. Wickett

    Wickett Administrator

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    Despite the PS4's success in the market, Sony is expecting to lose an additional $200m at the end of the financial year than they originally expected.

    [​IMG]

    Games Industry explains that the company is now predicting a net loss of ¥130 billion / $1.27 billion where in February it forecasted a loss of ¥110 billion / $1.07 billion. Moving back a little more, at the end of the last financial year it expected a ¥50 billion / $489 million profit.

    Sony is attributing the loss to unexpected expenses with the sale of their PC business they announced back in February. A Sony statement reads,
  2. Da Ill One

    Da Ill One Rockstar Mod

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    Ouch that's alot of money
  3. Wickett

    Wickett Administrator

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    Those numbers are probably a little skewed with the loss of their PC side of things. The PS4 is still doing well, better than the Wii U or One without a doubt. That's enough to keep things interesting in the gaming industry.