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Other Tech News The latest community based technology news from across the globe. (If you aren't a community newsposter then use the "Submit News" section.)

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Old Oct 27, 2005, 01:56 PM   #1
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System Specs

PS3 costs drive Sony's Q2 profit downwards

Electronics giant Sony has seen a 46 per cent slump in its profit for the three months ended September 30th, with the enormous cost of developing the PlayStation 3 console fingered as a key factor in the decline.

The firm reported net income of 28.5 billion Yen (204 million Euro) for the quarter, which is down massively from the 53.2 billion Yen (380 million Euro) figure reported in the same period last year, and also falls below analyst average estimates of 30 billion yen (214 million Euro) reported by Bloomberg.
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Read More / Source: GamesIndustry
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