Sony hopes to make new console profitable faster than PlayStation 3


  • TECH
  • Thursday, 13 Jun 2013

RAISING HOPES: House speaking at the unveiling of the PlayStation 4 launch event in New York. - Reuters

LOS ANGELES: Struggling electronics giant Sony Corp aims to make a profit on its new videogame console faster than it did with its PlayStation 3 console by managing costs and keeping its technology similar to that of personal computers.

Sony Computer Entertainment, the company's games division, took four years to make a profit on its last-generation PlayStation 3 console. For its new PlayStation 4, the company has said it wants to shorten that period of initial loss.

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