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Indeed, although Sony hadn't created the DVD format (Phillips), having it did boost sales of the PS2. With the PS3 Sony was pushing its own format in direct com
by ppseafield 3y ago
Indeed, although Sony hadn't created the DVD format (Phillips), having it did boost sales of the PS2. With the PS3 Sony was pushing its own format in direct competition to HD-DVD (also Phillips), and I'm sure losing Beta max market to VHS was still in their minds. So they decided to sell PS3 consoles at a much greater loss. It did pay off as well, but the first few years cost Sony a lot.