HomeNewsFeaturesJobsCareer FairEducationResourcesMobile

PS3 profitable by August, say Nikko Citigroup analysts

Nikko Citigroup analysts have upgraded their rating on Sony, anticipating that the company will start to break even on the PS3 in August.

If correct, this would be three months earlier than analysts have previously speculated. In January, Sony's Kaz Hirai said that the company would be shooting for profitability within the fiscal year that began in April.

According to Endgadget, Sony's break even point will come only when both the cell processor and RSX graphics chip are shrunk to smaller sizes.

The latest news has caused rumours of a slimmer model PS3 to resurface, although Sony has not commented on such speculation.

Comments

To comment on this article, or view other users comments, you need to register for the GamesIndustry.biz Network.

In Related News

Sony Computer Entertainment

News

Greenpeace slams Nintendo over lack of public eco policies

News

SOE to report to Sony Computer Entertainment

News

Moderation an issue with user-generated content, says Home lead artist

Most Popular Stories

Newsletter Signup

Sign up to the FREE GamesIndustry Newsletter and receive a comprehensive round-up of industry news and info.


GamesIndustry.biz is the world's most read and influential games industry website. But don't just take our word for it!

"GamesIndustry.biz has become an essential part of my morning routine, its global viewpoint is a perfect bellwether for industry news, trends and events. There's nothing quite like a coffee and an exclusive scoop."

Harold Ryan

Latest announcements courtesy of GamesPress