Bloomberg reported that the CEO talked to investors at a meeting last week, where he explains that the pricing of the PS4 has a better advantage than the PS3 did, so they should not suffer as big of a loss.

House states, “We will not generate anything like the losses we did for the PlayStation 3,” because investment for the next gen console is “much, much smaller.”

Sony has yet to report their game division losses for their next financial period, due to changes on currency exchange rates.

PS4 sales might be able to compensate for the losses, but their games unit is not expected to break even this year. Sony expects their earning to “deteriorate significantly.”

How well do you think Sony will do this year? Comment below.

Source

He states, “This is really happening. I didn’t think I would live long enough to see it. It’s like being a parent seeing my children finally grown up, or the sense of wonder when your grandchildren are born.”

He goes on to say, “I thought that I was the only one who envisioned this, but times change, and now there are many in the world who have that same idea as a matter of course, even because the world is fully connected now. I hope that what the platform will offer will make you say “Wow!” in spite of yourself.”

It must be amazing to see something you made turn in to something so influential, he was so proud of his creation that he would compare it to having grandchildren. It seems that the former CEO has always imagined how it would be to change the future of gaming because we are more connected than ever.

Leave your thoughts in the comments below.

Source