Sony CEO: Casual Games on PS2 to Compete with Wii Coming

[johnlucas]

Avinash_Tyagi said:

Played_Out said:
Given that the PS2 sold more in the last year than either the 360 or the PS3, I would say it is far from being a poor business plan.

By covering both high and low-end markets, Sony actually managed to sell more home consoles last year than super-mega-hit-makers Nintendo, yet there are people who still prophesise doom for Sony and fail to understand the logic of their strategy.

BOTTOM LINE: They are better at business than you are.

And yet Nintendo managed to post big profits while they posted losses, they aren't so good at buisness it sounds

The words you responded to, Avinash_Tyagi, are CERTAINLY not the words of a businessman.

There's a flash/java game called Lemonade Stand that teaches it.

How much did it take you to make your drink, how much did you sell it for, and how much did you get in the end?

Sony's NOT better in business than Nintendo or they wouldn't have blown through over half of their 13 years of Playstation success in 1 year. And furthermore that record-setting 13 years of Playstation success should have yielded corresponding record-setting profits.

Sony's a vastly larger and more diversified corporation than Nintendo is. Nintendo you might as well say is a rinky-dink mom-and-pop type of corporation in comparison. But BECAUSE they are JUST THAT DAMN GOOD-AH (Triple H) in business they can go toe to toe with giants like Sony and Microsoft...and WIN.

You can sell all daggone day. But if your expenses exceed or match your returns then you have done absolutely nothing.

The core rule in business is to PROFIT.

I can sell just one item, not one set of item, simply one item like say a rare coin. And if I sell it for higher than what I paid for it then I've done good business. Whether I sell millions or just one of anything if my outgo is less than my income then I have done good business.

I have done BETTER business if my income to outgo ratio is better than another's income to outgo ratio.

If I got 5 in for every 2 out and someone else get 3 in for every 2 out, then I've done better business than the other guy.

I may only put 2 out getting 5 in while another puts 10 out getting 8 in but while one puts out more than me how much am I getting back in return compared to the other?

5/2 = 2.5

3/2 = 1.5

8/10 = .8

Who's doing better business?

John Lucas