More Reviews
REVIEWS FINAL FANTASY XIV: Heavensward Review
Final Fantasy XIV's first expansion has arrived, and it delivers a new adventure with plenty of dragons to battle.

Fallout Shelter Review
Bethesda's strategic vault simulator is fun and nostalgic, but will the publisher get fallout for the micro-transaction advantage?
More Previews
PREVIEWS Etrian Odyssey 2 Untold: The Faf Preview
Etrian Odyssey 2 Untold: The Fafnir Knight has a long name, but don't make fun of it. It can kick your ass.
Release Dates
NEW RELEASES BlazBlue: Chrono Phantasma EXTEND
Release date: Out Now

Lost Dimension
Release date: 07/28/15


LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP whytenoiz ~~        When I was eleven years old, it was a very good year, and I can remember my daily routine vividly. These were the years before I owned a Sony Playstation, and I used to venture to my friends house - everyday after school - to watch him play through Final...

GAMING NEWS

Sony Anticipating Major Losses Despite PS4 Success

Posted on Thursday, May 1 @ 05:58:16 Eastern by Alex_Osborn


Sony's video games division has had an incredible year thus far, as PlayStation 4 consoles continue to fly off shelves at a steady rate. Sadly, the same can't be said about Sony as a corporation, as the company is has sent out a warning that its 2014 financial year loss will likely be 18 percent worse than initially anticipated.

Ever since news broke that Sony was moving out of the PC market by selling off its VAIO brand, sales in this department have been lower than expected. Couple that with some unforeseen disc manufacturing costs, and you've got a whole lot more expenditure that even the success of PlayStation 4 can't make up for.

There's hope for the company, however, as Sony CEO Kaz Hirai is still working to trim the excess fat to make Sony the lean and profit-generating machine it desperately needs to be. Here's to hoping those growing pains don't last too much longer.
Tags:   Sony, PS4
FOLLOW ME ON TWITTER. YOU KNOW YOU WANT TO.


More from the Game Revolution Network




comments powered by Disqus

More On GameRevolution