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GamesRadar
GamesRadar
Technology
Issy van der Velde

"I thought PlayStation was finished": Former Sony boss says TV sales were the only thing that could save the company when the PS3 was "losing a billion dollars"

Uncharted.

Former PlayStation boss Shuhei Yoshida reveals that the PS3 lost Sony one billion dollars - but fortunately the company's TVs were selling well enough to offset the loss. You've got to diversify your income, folks.

In an interview with GamesBeat, Yoshida talks about the troubles that faced the PS3. "The second year of the original PlayStation was very hard," Yoshida remembers. "I was very concerned. PS3 was another hard time. At the time I was part of management, so I could see the financials. We were losing a billion dollars. I thought PlayStation was finished."

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