| zippy said: My point being that even if Nintendo are not generating the desired sales, they still find a way to still make money. I mean its nice that Sony have shifted 80 odd million PS3 consoles, but boy have they blown some serious cash in doing so. Sure Nintendo would have liked Wii U to sell Wii numbers, but it doesnt always work out that way, but they will end the gen profitable. On a side note, people seem to gloss over the fact that there is another piece of Nintendo hardware that has sat near/at the top of the worldwide charts for a couple of years now, and will be the first current gen gaming device to cross the 50 million threshold. So that means both Nintendo and Sony have one device selling well and one selling poorly, so by my logic all is not doom and gloom over at camp Nintendo. |
I know what your point is... it just so happens to be that its negigent to a couple of very telling facts.
Those are just two of the three consecutive lossess nintendo has posted. This isn't even counting the $3B in stock market value they have lost in the same period. So I don't know where you get the impression nintendo is still finding a way to make money.
This doesn't mean sony isn't losing money. Or hasn't lost money at some point in time, or hasn't even lost more; there is a major difference though. Sony is a company with as many as four major arms of business. And the playstation isn't even one of those arms, its just a subset of one of the arms. Sony has for the most part lost heavily because buisiness is other arms of its corporation is failing. TV/Computers. And that is why sony is downsizing.
Why this is relevant is that you are comparing two comapnies that are very different. One has many other things that it can at least in part or mostly attribute to why its losing money and the other has just one business that it is failing in. All nintendo has is the games industry. It doesn't matter if the 3DS s selling well and the wiiU isn't in the same way it doesn't matter if the PS4 is selling well and the vita isn't. What matters as a business, as nintendo or as playstation; is are we profitable?
The fiscal year ending 2014 sony's Playstation division while boosting revenue for the corporation as a whole still recorded an annual loss of $78M. This pales in comparism to the $280M nintendo lost in the same period and can be attributed to the costs of launching new hardware on sony's part. But for the past 4 years the playstation divison as a whole has been profitable. So if you want to comapare the two companies, don't just say nintendo vs sony, say nintendo vs playstation division.
I don't know about you or how you will choose to look at all this, but losses is what prompted nintendo to jump start the 8th generation. And they are still losing, at the only business they have. That is why there seems to be so much doom and gloom surrounding them.
