"They will make a profit on the millions of them that they sell after they get their manufacturing costs down. This won't take too long, then they will coin it in."
Er, you mean like Microsoft did with the original XBox? Report in September 2005 about the $4billion loss they made just so they could crack the market? I doubt the situation improved much. It's a long term strategy that would only come to fruition after the PS4... Behold MS and the XBox 360!
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RE: Current price is irrelevant
"They will make a profit on the millions of them that they sell after they get their manufacturing costs down. This won't take too long, then they will coin it in."
Er, you mean like Microsoft did with the original XBox? Report in September 2005 about the $4billion loss they made just so they could crack the market? I doubt the situation improved much. It's a long term strategy that would only come to fruition after the PS4... Behold MS and the XBox 360!