PS4 Pushes Sony’s Earnings in the Positive: 4.2 Million PS4 Sales, 9.7 Million Software; +64.6% Total Sales From Last Year

[justinian]

kidvizious said:

Darth Tigris said:

Soundwave said:
They won't be in the black for the full fiscal year ... they are forecasting another $1 billion-ish loss for the entire year.

Most likely true, but this was a better quarter and you take the good news where you can, right?

Investors and stock holders, the people that matter most, don't give a fuck about this slightly "good news". Either they make money or they will be extremely pissed off. Look at Nintendo. Same situation.

True (bolded). But what also matters and lessens the blow is the POTENTIAL to make money. If investors and stock holders believe this is likely they would not be very vexed. Yes, making money is better for them right now but the likelyhood of it happening in the future is the next best thing.

Nintendo is indeed somewhat in the same position I think. With falling 3DS sales YOY, a rather pathetic Wii U and investors not quite sure what Iwata is going on about, investors are somewhat edgy about the future.