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Sony Slump 2

The Playstation 2 is selling faster than Sony can ship it, but cost of the console's launch and a strong yen are weighing on the company's bottom line. Sony saw its group...

Quang Hong, Blogger

October 26, 2000

1 Min Read
Game Developer logo in a gray background | Game Developer

The Playstation 2 is selling faster than Sony can ship it, but cost of the console's launch and a strong yen are weighing on the company's bottom line. Sony saw its group net profit fall more than 57 percent in the July to September quarter to $183.2 million, about half of the what the company had been expected to earn.

About the Author

Quang Hong

Quang Hong

Blogger

Quang Hong is the Features Editor of Gamasutra.com.

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