Good afternoon folks. Once again Microsoft has changed something about the Xbox One, it involves the Kinect and Andrew House is expecting that Sony will not be generating losses like the losses generated with the PS3. Let's begin with begin. PS4 Losses Unlike PS3 Losses Source: http://www.gamespot.com/news/sony-not-expecting-ps3-like-losses-for-ps4-6412760 Sony Computer Entertainment CEO Andrew House said that Sony will not be expecting a loss that was generated by the PS3. "We will not generate anything like the losses we did for the PlayStation 3" Mr.House told Bloomberg. A report on the losses generated from the PS3, Sony lost more than 3.5 billion dollars in 2007 and 2008 after the PS3 launched in 2006 for 600 dollars. CEO Kazuo Hirai has said the system did not become profitable until late 2011. Sony aims to avoid PS3-like losses for the PS4 in part due to a smaller investment in the PS4 relative to the PS3, CFO Masaru Kato said on a recent...
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