PSN still makes more money than the entirety of Nintendo Co., Ltd.

[DonFerrari]

Nautilus said:

DonFerrari said:

Well, all of them have potential, if Sony will make wonders on them or not is another subject of course.

I'm happy both Nintendo and Sony is doing fine on stock market, it's just that I don't put much value on stock market. I know they speculate in future profitability, but when they buy and sell those shares daily how the potential in 5 years are really important?

I think it really depends on how much they think will profit.If buying 10 dollars a share today and in 2 years that same shares will be worth 3,4 or even 5 times more, I think they are willing to wait that long.Of course that they constantly buy and sell stocks, but most investors most likely invest in multiple companies at once, and probably has short term plans for some, and long term plans for others.But Im no specialist on how the market works and when is the right time to buy stocks, so thats as far as my guesses go

That is how it should work. But we (or at least I) know that most of time it have people that generate an early move to "manipulate" the market and then benefit on it. In that way we get a lot of bubbles and depressions on the stocks.

If stocks market were really based on future gain of said company and value of it, there wouldn't happen so many fluctuations. It is almost a legalized gambling.

torok said:

Kyuu said:
When consumers could have supported the ambitious, more reliable PS3, with its free online service, and full backwards compatibility with the two greatest gaming systems of all time next to the SNES... they were instead singing happy songs to celebrate Sony's doom because a couple of Sony representatives got a little arrogant..

Paid online is the natural extension to the great success of X360 vs the relative failure of PS3.

Let's be honest. Gamers used to downplay PSN saying that Live was superior because it was paid, that you got what you paid for. People also voted with the wallet, if gamers had flocked to the PS3, MS would probably had made theirs free too.

But since free online not only sees pointless to get consumers while giving you a bad rep, why not profit like crazy?

I guess people simply don't care. It's 50 bucks a year, it really is hard to see it make anyone jump ship.

I always said that paid PS+ would result in 2 things: the service would not improve anyway and the "free" games would be worse (before they had to convince you to pay, offering better games). 100% spot on.

The only improvement PS+ had was increasing the cloud save limit. But that only happened because PS4 saves are dozens of MB (PS3 was always under 1MB), so the previous limit could not hold more than a dozen saves.

Yep it was written on the floor.