Sony Computer Entertainment, also known more affectionately as the PlayStation division, turned a profit for the first time since the PS3 launched thanks mainly to increased sales and reduction in production costs which led to price cuts. For the holiday quarter, Sony was able to sell 4.9 million PS3s worldwide.
Despite the high sales though, Sony also announced it would lowering its full year sales target from 11 million down to 9.5 million, a pretty significant reduction.
Written by: Andre Yoskowitz @ 2 Feb 2008 15:30