Selling consoles at discounts is great for consumers but not for investors or the companies themselves. For example Nintendo's market cap is imploding because investors know that price cuts are the only thing that can move console sales soon, which means imploding profits from those companies, which means their money is 100 times better spent on AI rather than console companies with rapidly untenable profit outlook. |
Those problems aren't necessarily as major for Sony.
For one, Sony is more than just PlayStation, and they would still make billions in profit without Sony Interactive. But more importantly, Sony eating the cost of hardware losses for a quarter, to get people into their ecosystem, is largely valuable and extremely profitable in the long run. I would also wait until official financial results are out before worrying about imploding profits lol. Stock prices fluctuate everyday.
