Neoseeker : News : PlayStation 4 boosts Sony's revenue amidst major annual loss
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Metallica May 14, 14
I respect the CEO taking a 50% pay cut on this because let's be honest here, what other greedy fat cat would do that to try and help their company?
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Yay4sean May 14, 14
quote Metallica
I respect the CEO taking a 50% pay cut on this because let's be honest here, what other greedy fat cat would do that to try and help their company?
I do believe it's a common CEO practice, but it might be in name only. Even if they truly are raking in half the cash, it probably makes little difference to their life. They still make way more than any of us, ya know?
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Darknet May 14, 14
Pretty standard for consoles. They start out losing money but when the consoles become cheaper to make in the future, they gain most, and more, of that money back.
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ted2643 May 14, 14
quote Darknet
Pretty standard for consoles. They start out losing money but when the consoles become cheaper to make in the future, they gain most, and more, of that money back.
Sony is in the red behind the pc and television arms of the company. The gaming division or PlayStation if you will is the only profitable division at the moment. That's why they sold their pc branch off. They chose to push 3d tech in televisions and well we know how that went. They need to approach 4k with caution till it is mainstream affordable.
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THM May 15, 14
I wonder how much the financiers and CEOs of PS4 got so-called 'bonus' admist the loss? Millions? Still NOT ENOUGH.
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FoneBoneFan15 May 19, 14
When I was reading the title, I am worried that the newer the console, the greater the revenue loss.
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