According to Sony Computer Entertainment CEO Andrew House, Sony won’t be facing losses with the PS4 at launch like those faced by the Japanese consumer electronic giant with the launch of the PS3.
Speaking at a Sony investors meeting last week as reported by Bloomberg (via GI): “We will not generate anything like the losses we did for the PlayStation 3,” House told investors, as investment this time around is “much, much smaller,” thanks to the PS4’s PC like architecture.
Sony invested greatly in the CELL structure of the PS3, a gamble which caused them a $3 billion loss. Sony this time around opted for an X86 PC structure as did Microsoft with their Xbox One.
Sony still forecasts a loss in their Video Games Division due to currency exchange shifts. Strong pre-orders of the PS4 indicate potentially high sales for the system but Sony no longer expects to go break even this year and reports that earnings will “deteriorate significantly.”
