During a recent interview with Reuters, Kaz Hirai - President and CEO of Sony Computer Entertainment - admitted that the PlayStation Network service is not yet a source of profit for his company, compared to around 36 billion yen ( or $ 430 million) in turnover for the current year. The reason for this of course lies in the fact that the service is free, while Microsoft competitor requires the payment of a monthly fee for Xbox Live (which, in fact, generates substantial revenue for the Redmond).
Hirai, however, expected to see sales increased almost tenfold to PSN within the next three years.
During a recent interview with Reuters, Kaz Hirai - President and CEO of Sony Computer Entertainment - admitted that the PlayStation Network service is not yet a source of profit for his company, compared to around 36 billion yen ( or $ 430 million) in turnover for the current year. The reason for this of course lies in the fact that the service is free, while Microsoft competitor requires the payment of a monthly fee for Xbox Live (which, in fact, generates substantial revenue for the Redmond).Hirai, however, expected to see sales increased almost tenfold to PSN within the next three years.
- "Sony: PlayStation Network not profitable" and related posts (25/12/2010)
- Sony: PSN Losing Money Right Now, Next Year Should Be Better (24/12/2010)
- Sony's Hirai: PlayStation Network not yet profitable (24/12/2010)
- Hirai: PSN Losing Money, Should Turn a Profit Next Year (24/12/2010)
- Castle Crashers featured in Japan's PSN 'Western Game Buyer Selection' (24/11/2010)
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