Things are looking up for Sony, as the company announced just before E3 that it has sold over 1.2 million PS3 units in North America between November 23 and December 31, 2007. The company also reported similar sales for the PSP and PS2 during the same timeframe – over 1.4 million and 1.3 million units, respectively.

Sony hopes to make the PS3 profitable in the next fiscal year given the hardware sales of the console and decreasing production costs. “We want to get to the positive side of the equation as quickly as possible,” SCE CEO Kaz Hirai told Reuters. “[Profitability] is not a definite commitment, but that is what I would like to try to shoot for.”