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Teeqoz on 26 September 2017
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VideoGameAccountant said:
Teeqoz said:

The person I replied to did literally say "all their money solely comes from the PS side of things right now". And I can allow for some exaggeration for dramatic effect, but that statement is far enough from the truth that I called it out.

As for Playstation being a very important segment for Sony, I haven't claimed otherwise, which you would know if you read what I've written in this thread, but Playstation is not close to being the only well performing segment. You have Financials, Music, Semiconductors (which had a bad year in 2016 due to the earthquake in Japan, but is forecast to be back at 100 bn Yen Operating Income this year) all of which are performing well, and some of the other electronic divisions are also doing decently.

 

And, again, the issue with Sony as a whole is, outside of gaming, there isn't much room for growth. Sony TVs lag. The movie business keeps having flops. Sony doesn't have a competitive phone and businesses like semiconductors have been losing money. Compare this to Nintendo where the company has improving earning, outstanding liquidity, and more opprotunities to make money by licensing their huge array of IPs. 

I am getting off topic a bit, but the problem you have is you assume some businesses making money means that Sony ins't reliant on games for growth and earnings. Financial Services, as I mentioned, should be considered its own thing(I think the historical data breaks it out), a few businesses make some profit and a lot of businesses are lagging and dragging everyone else down. Gaming is mentioned because it makes a lot of money and its an industry Sony is very compatitive in (best selling 8th gen console). This is what everyone means.

Except I don't lol. I have said repeatedly in this thread that gaming is a very important segment for Sony, and that it will become the highest earning segment soon.... it's kind of amusing to read this because you are literally assigning me thoughts and positions which completely reject what I've actually written in the thread.

As for how literal Wyrdness was, I can't be sure, but judging from his posts in this thread (including this statement: ""Sony's other business ventures right now are a sink holf for money from their electronics, phones and even movies are on shakey ground.") To me, they illustrate a thorough misunderstanding of what Sony's situation actually is and has been. But maybe I'm just taking him too literal and he's being overly dramatic, but somehow, I don't think what Wyrdness meant when he said "all their money solely comes from the PS side of things right now" was actually "About 25% of the total positive operating income comes from Playstation".

Also, this was never a discussion about wether Sony or Nintendo should be higher valued lol, so I don't know why you're trying to convice me of that. Never argued that.