Matthew Davis

Why the PlayStation 3 Will Bankrupt Sony

This article seems to be based on the unsteady idea that Sony is experiencing financial problems in other divisions thus relying on the games division to make up for those losses. As far as I am aware this is not the case. Sony Pictures has had continuous years of outstanding performance thanks to movie releases such as Spiderman, the latest of which brought in revenue of over $1 billion internationally. The LCD division is also in a very strong position with the high end Bravia 1080p products being the best selling of that particular part of the market. While the PlayStation division may be unsteady at the moment, it is far from possible of tumbling Sony.