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Playstation 3 Helps Sony Win Blu-ray War and Lose $3 Billion

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Sony's decision to slap a Blu-ray player into its Playstation 3 console helped seal HD-DVD's fate as the modern day Betamax, but the costly hardware also helped contribute to a whopping $3 billion loss in hardware sales, according to a Kotaku report. Sony's fiscal 2008 annual report also pinpointed "the large-scale investment required during the development and introductory period" as a contributing factor. Throwing salt into the financial wound, the now ancient PS2 sold more hardware than the PS3 in fiscal 2008, and nearly three times as much software. Ouch.

Image Credit: Sony

COMMENTS:2
COMMENTS
avatarSony sucks.

They can suck my left nut for all I care.  The only thing blue ray is good for is backing files up, no game takes up 60 gb of space, so blue ray is pretty much useless for games.

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avatarBackup?

Blu-ray is good for backup? Well, not really. I did a quick search on Newegg.com and found that the cheapest Blu-Ray drive is about $200 and the media is about $10 each for a 25 gb disc (or $35 for 50gb media). Or I found this 2tb external hard drive for $209.99. Now lets see, 25gb's or 2,000gb of rewritable space? And what if you get a coster? And not to mention barely anyone has Blu-ray in their pc.

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