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 Gameguru Mania News - Oct,31 2006 -  
PS3 Pushing SCE 1.7 Billion Into The Red - console
(hx) 01:07 AM CET - Oct,31 2006 - Post a comment
According to a statement made by Sony CEO Howard Stringer, Sony is going to be spending about 1.7 BILLION more than they take in in this fiscal quarter. This is due solely to the Playstation 3's launch. The figure is nearly twice the shortfall Sony originally projected. One reason cited for the increased costs is Sony's decision to drop the price of the lower-end PS3 model in Japan. At last month's Tokyo Game Show, the company announced it would lower the price of the 20GB version of the next-gen console from 60,000 yen (about $515) to 49,980 yen (about $429).  In other news, IGN brings word that the PS3 launch numbers for Japan have been downgraded from 100,000 units to 80,000 units. The demand for the systems is going to far outlive supply.

Update: Today during a conference call, managers of EB Games stores in Canada were told that a list is being made of all pre-orders for Playstation 3's that have been posted for sale on eBay. Lists will be distributed to individual stores and all pre-orders that have appeared on eBay will be canceled by EB in the very near future. According to the information I've been given, this is a joint initiative between EB Games, Sony and eBay. eBay's new policy
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