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Sony's Playstation division to suffer $1B loss

by: Chuck -
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Boomtown has a short blurb on their site today from Sony who says they expect to lose about 100 billion yen (about $1 billion US dollars) this year due to start up costs for the PS3.  Given that the Playstation/games division has usually been a money earning business unit for Sony I don't think they will be in the red for long.