Yoshida: PlayStation 3 is breaking even

Over three years since launch, "we aren't bleeding like we used to" says SCE boss

Sony's worldwide studio boss Shuhei Yoshida has said that the PlayStation 3 is no longer being sold at a loss, over three years after the hardware was first released.

Back in 2006, analyst firm iSuppli suggested that Sony was losing over $300 on the 20GB PlayStation 3 unit, and over $240 on the high-end 60GB model.

At the end of last the same company still found the PS3 to be selling at a loss, although it did suggest it was on the brink of profitability.

"This year is the first time that we are able to cover the cost of the PlayStation 3," said Yoshida in an interview with IGN. "We aren't making huge money from hardware, but we aren't bleeding like we used to."

The exec also reiterated that Sony would not be cutting the cost of the home console any time this year, and is still working hard to meet demand at retail.

"When we bring the cost of hardware down, we are looking at opportunities to adjust prices if we believe that will increase demand At the moment, we are trying to catch up our production."

Related stories

Horizon: Zero Dawn hits 2.6m sales

Developer Guerrilla now working on a 'story expansion'

By Christopher Dring

Vita was simply too late - Tretton

Former SCEA CEO says Sony's latest handheld was a great machine launched when few people wanted a dedicated gaming portable

By Brendan Sinclair

Latest comments (1)

Doug Abramson Programmer (C/C++/Embedded Linux) 7 years ago
great news. sony deserves it. i really like my ps3 as it doubles being a blu ray player. great value for the price!
0Sign inorRegisterto rate and reply

Sign in to contribute

Need an account? Register now.