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Midway reporting profit losses

Midway was recently added to the list game-related companies reporting profit losses. Following suit with companies including Sony, Midway, the Chicago-based gaming giant behind Mortal Kombat, Area 51 and Unreal Tournament, has been losing money, too…

Sony profits drop even despite increased PS3 sales

On October 29, 2008, GameDaily reported that Sony profits dropped by 72 percent (20.7 billion yen or approximately US$212.4 million).

This is still less than half the profit margin