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Perry: "Sony has no chance of making money on the PS3"

Acclaim boss says PS3 has lost more money than PS2 made during its peak

Acclaim boss David Perry has said that Sony will not be able to make a decent profit on sales of the PlayStation 3 due to selling the system at a loss.

During his keynote speech at GCDC yesterday, the outspoken games developer claimed that the company has lost more money on the PlayStation 3 than it made during the five year peak sales period of the PlayStation 2.

"Because of the cost of making the PlayStation 3 and because they sold it at a loss, Sony basically has pretty much no chance of making money on the PS3, because it's lost more money than they made during the entire peak of the PlayStation 2 - it's not going to happen again for Sony,” stated Perry.

"If they release the PlayStation 4 and have an even more expensive console and raise the cost of games by ten dollars, that would not be good," he added.

Perry suggested that Sony's much talked about ten-year plan for the PlayStation 3 is the company's chance to claw back costs of development in the long-term.

"So this is going to force them to make the PS3 last longer and they're kind of positioning to do that," he said.

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Latest comments (2)

Franck Sauer Creative / Tech Art Director, Fresh3d8 years ago
In other news Crytek says PS4 could be as early as 2010...
guess what? THEY DON'T HAVE A CLUE

Edited 1 times. Last edit by Franck Sauer on 20th August 2008 3:28pm

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Jim Webb Executive Editor/Community Director, E-mpire Ltd. Co.8 years ago
I'm pretty sure success and consumer demand decides how long a product lasts.

With that in mind, Sony may have difficulty reaching 10 years especially considering the PS2 is on year 8 and waning.

Publishers may try to push for a longer cycle this generation to compensate for the longer development and production costs so that will work in Sony's favor.

In other words, like Franck Sauer noted, they/we don't have a clue.
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