According to a Wall Street Journal report, Sony is losing $18 on every PlayStation 3 sold.
The last time we heard, Sony was losing almost double that, $37, on every system sold, so the company is slowly getting closer and closer to turning a profit on the machines.
With component prices dropping, the journal cites Sony in saying it hopes to make money on every PS3 ushered out the door by the financial year 2011.
Considering the PlayStation 3 released at $599 in 2006 and all the financial trouble the company has embodied as of late, this lessening loss has got to be good news for Sony.
by Eddie Makuch Examiner.com