mjk45 on 15 February 2020
| TheBraveGallade said: one other factor to consider is that sony is considerably worse off then they were back even in the ps3's days, right now around half of sony inc's total profits are from PS, it used to be way, WAY lower than that. they used to have spare cash lying around, now they don't (nintendo's war chest, while rediculously large for such a small company, is only slightly smaller than sony's a megacorperation) |
You really need to fact check your information while PS is making great bank for Sony it's around 25% not half, its last few years have seen better results than when it was valued at 200+ billion in the late 1980's, the reason its market cap at 70 odd billion hasn't moved back toward that 200 billion range despite its turnaround is according to most experts because of its conglomerate structure it is seen to have too many moving parts so share price isunderperforming compared to its profitability.
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