As of February 2011, Sony had lost $4.7 billion dollars on the Playstation 3.
Yup, it seems about that time. Let's hope Sony learned their painful, multi-billion dollar lesson from the PS3 and refrains from releasing yet another overpriced supercomputer. Of course, given the Vita, that seems unlikely.
"Painful Multi-billion dollar lesson?"
While Sony has had a tough time financially over the last few years, the Playstation division is the division bringing Sony out of the cellar.
Yes, this article is two years old, but the PS3 has not made $5 billion profit over the last two years to even things out. The Playstation 3 (and the Xbox 360) did not make money. They lost billions.
And here's an article from last month. Sony has lost $4.951 billion on the PS3 and Microsoft has lost $2.996 billion.
Yes, both these systems had a fantastic library of games for us gamers, but from a financial point of view they were complete bombs. The hardware issues from the 360 (RROD's) and the overpriced, supercomputer that was the PS3 led to massive losses.