Sony has borrowed 80 billion yen (about $700 million) to "diversify funding sources". The corporation has not borrowed this much money from a bank in over ten years. Combine this with the fact that Sony stands to lose hundreds for every PS3 sold, and you have quite a volatile equation.
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Sony's upcoming PlayStation 3, the next system in the market leading PlayStation brand, could drop behind both Microsoft and Nintendo in the next generation of home consoles, according to a new analyst report.
No VotesEmail this | No Comments | No ImagesTranslated by IGN, the latest issue of Japanese mag Ge-Maga polled Japan's development community on issues regarding Sony's PlayStation 3
No VotesEmail this | No Comments | No ImagesTake this for what it's worth, but PS3 Land is reporting that Track7Games have cancelled PlayStation 3 development on their upcoming multi-platform game Theseis. The site claims that "the developer blames the problem on the exceptionally high cost of developing for PS3."
No VotesEmail this | No Comments | No ImagesSony's CEO must be scared, he is out flapping his jaw about how PS3 is Future Proof and saying Xbox 360 is merely a "transitional product" I have a feeling they are scared that "transitional product" is going to wipe the floors with them.
1 VoteEmail this | No Comments | No ImagesAccording to latest EGM
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