Speaking to Reuters, Sony Computer Entertainment CEO Andrew House 'thinks' the PlayStation division will turn a profit in the current business year ending next March.
"I think we will be profitable this year," said Andrew House, the CEO in charge of Sony's Playstation unit in an interview with Reuters during the Tokyo Game Show. "We have a growing installed base, growing connectivity of the PS3."
The PlayStation business posted an operating profit of 29 billion yen (?229m/$371m) in the year ended March 31, 2012. But wouldn't say wether they would see an improvement in that profit.
Yesterday, Sony announced a brand new cheaper, slimmed down PS3 that's coming out next week. You can preorder the console and find out more here at ShopTo.