Sony Interactive Entertainment to layoff 8% of their workforce, close Sony London Studio

[Pemalite]

rapsuperstar31 said:

Chrkeller said:

Big budget titles need to be released day 1 on ps, Xbox and PC. Too expensive otherwise.

If they want to be a normal publicly traded business that needs profit to increase exponentially forever it will happen eventually.  Both Sony and Microsoft have record profits but that isn't enough for the stock holders.

Microsoft's Market cap is over $3 trillion.
Sony? $106~ Billion.

They are in completely different leagues.
Shareholders are very very very very happy with Microsoft.

Microsoft is currently the worlds most valuable company, beating out even Apple for now.