Perry: "Sony has no chance of making money on the PS3"

Acclaim boss David Perry has said that Sony will not be able to make a decent profit on sales of the PlayStation 3 due to selling the system at a loss.

During his keynote speech at GCDC yesterday, the outspoken games developer claimed that the company has lost more money on the PlayStation 3 than it made during the five year peak sales period of the PlayStation 2.

"Because of the cost of making the PlayStation 3 and because they sold it at a loss, Sony basically has pretty much no chance of making money on the PS3, because it's lost more money than they made during the entire peak of the PlayStation 2 - it's not going to happen again for Sony,” stated Perry.

"If they release the PlayStation 4 and have an even more expensive console and raise the cost of games by ten dollars, that would not be good," he added.

Perry suggested that Sony's much talked about ten-year plan for the PlayStation 3 is the company's chance to claw back costs of development in the long-term.

"So this is going to force them to make the PS3 last longer and they're kind of positioning to do that," he said.