And you know this how? You work for Sony as their accountant? Wheres your hard FACTS on that statement? Oh wait, you can see the future and guarantee Sony won't ever become profitable on the PS3 right..
As it is they have already shifted over a million Slims which are still sold at a loss but if this upward trend keeps going it is not impossible to see Sony at least breaking even on the console project at the end of its 10 year lifespan. The PS1 and 2 have all been very profitable after loosing a substancial amount of money in the first 4-5 years.
Oh and if you are a fan of making your voice heard on "hearsay, rumors and other FUD" you should check out the Gran Turismo 5 forum at the moment because im sure you would find plenty to moan about in there.
1) Financial reports are released to the public quarterly and annually. The losses Sony posted from 2005 (when PS3 production began) through 2009 are far greater than they can recover from, considering they have already
wiped out their profit from the PS2 era (this is fact).
2) In order for Sony to become profitable, they will have to establish an install base of 100+ Million before the end of this console generation, and their 1st party software will have to break 2 Million units each during their initial price point ($60).
3) I'm just trying to help members of this forum avoid the gratuitous amounts of misinformation you have seen fit to provide everyone with. Don't you think they are entitled to factual information, as opposed to the "I read this on a forum" info that you have been providing?
PS: Yes, I do know people both in Game Development and at Sony Computer Entertainment. I met a lot of people during my trip to visit Insomniac Games, many of whom are developers for SCE and Insomniac, and we talked extensively about Backwards Compatibility.
Anything else you'd care to ask me?
Edit:
Tornado - What do you mean Sony will have "Lost this generation"? Technically, they already have since it is unlikely they will become profitable. If you want to be technical about it, no one has won a Generation since the SNES except Nintendo. They have been consistent in being the most profitable company of the 3, despite user base.
Sony has wiped out their earnings from the PS2 Era, and Microsoft is
still recovering from all of the money they lost last generation. "Lost" is really a broad term that doesn't necessarily mean anything to Sony, MS, or Nintendo, it only matters to people who are actively involved in "console wars" discussion.