Sony Revenue Falls Due to PS3 Delay and Battery Troubles

October 26th 2006 | General

Sony is in a spot of bother, it would appear, having today announced that its net income has dropped by a massive 94%, which it is blaming on PS3 delays and humongous battery recalls.

The delay behind the PrayStation 3 – as we are calling it, because only through some kind of religious miracle will anyone be able to afford one – is hitting Sony hard, as gamers are putting off buying PS2s and holding out for the PS3. PSP sales have also been down.

the InquirerSony hit hard by PS3 and battery troubles

Sony Computer Entertainment Inc., the No. 1 maker of game consoles, said it may not deliver the planned amount of the PlayStation 3 (PS3) gaming consoles by the year end and by March, 2007. The company seems to still blame limited amount of Blu-ray disc components for its problems.

Besides the ability to ship a sufficient amount of consoles, it is also unclear how the insufficient yield will affect the building costs of the console, which are already very high.

X-bit labsSony May Not Meet PlayStation 3 Shipments Targets

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Sony Revenue Falls Due to PS3 Delay and Battery Troubles
Published in: General on 2006-10-26