Sony Expecting Loss

PlayStation 2 software fails to entice gamers as expected.

Posted by Staff
The second quarter could very well spell monetary losses for the
Sony as PlayStation 2 software fails to entice gamers as expected. Sony is expecting to post a group net loss of $930.1 million. According to an Associated Press article this drastic downturn in fortunes is attributable to Sony's struggling games sector which is currently encumbered with slow returns from the Japanese PS2 launch. The expected sales of four games per console have dropped to a disappointing two.
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