PlayStation 4 cheaper to make than PS3 - Sony

Sony confirmed this week that it has already begun PlayStation 4 development, but has said that post-PS3 hardware projects won't be granted the same level of investment as the costly current-gen console.

The company spent many, many millions designing the PS3's Cell processor and its own semi conductor facilities, and Sony chief financial officer Masaru Kato told investors (via Andriasang): "It is no longer thinkable to have a huge initial financial investment like that of the PS3."

"Significant cost reductions" of PS3 hardware were yesterday cited as a major factor in the PlayStation business swinging to a profit in the financial year ended in March.

Kato said the main factor in the PlayStation division's losses in prior years had been the big difference in the PS3's retail price and the cost to manufacture the system.

[ Source: Andriasang ] via cvg