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Forums - Sony - Sony's stocks fell below the 52 week range. Lowest since 1993. May 11th stock info.

 

This is...

Not good 76 62.81%
 
:-( 45 37.19%
 
Total:121
logic56 on 09 May 2012
bouzane said:
logic56 said:

no one expected Nintendo's panic price cut, they saw at that time a $250 Vita vs a $250 3DS which would have had more than the potential to outsell the 3DS WW, especially in the west, which would have hurt Nintendo far more than it would have helped Sony hence the painc price cut, it not only boosted 3DS sales it devauled the Vita


If both handhelds had ridiculously high price points I simply would have purchased neither and I'm certainly not the only one. Nintendo may have blundered but that's no excuse for the utter lack of market research being conducted by Sony. Additionally, this does not take the outrageous decisions concerning the Vita's memory card format and pricing into account.

oh I agree, handheld sales would be down significantly, but that's not the point, you asked why people thought the price was good and that was why

and market research into who's market, Vita isn't marketed towards or sold to the people that's buying a Vita, only in Japan can that claim be made and it's only outselling the Vita significantly because it's significantly cheaper and been out significantly longer, hardly anything Sony needed to "look up" or care about for that matter



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bouzane on 09 May 2012
logic56 said:
bouzane said:
logic56 said:
 

no one expected Nintendo's panic price cut, they saw at that time a $250 Vita vs a $250 3DS which would have had more than the potential to outsell the 3DS WW, especially in the west, which would have hurt Nintendo far more than it would have helped Sony hence the painc price cut, it not only boosted 3DS sales it devauled the Vita


If both handhelds had ridiculously high price points I simply would have purchased neither and I'm certainly not the only one. Nintendo may have blundered but that's no excuse for the utter lack of market research being conducted by Sony. Additionally, this does not take the outrageous decisions concerning the Vita's memory card format and pricing into account.

oh I agree, handheld sales would be down significantly, but that's not the point, you asked why people thought the price was good and that was why

and market research into who's market, Vita isn't marketed towards or sold to the people that's buying a Vita, only in Japan can that claim be made and it's only outselling the Vita significantly because it's significantly cheaper and been out significantly longer, hardly anything Sony needed to "look up" or care about for that matter


They should have researched the public in general, gamers as a whole as well as their customers who purchased either a PS3 or PSP. Hell, they should also have polled those who purchased a PS2 and not a PS3 or PSP. Sony really shouldn't be focusing on simply matching one competitor, they should have created the Vita to recapture if not exceed the mass marketability of the PS2.



Arius Dion on 09 May 2012
theprof00 said:
Arius Dion said:
^Additionally which really desirable games have not been announced yet? lol. And if they are announced they will most likely not be exclusive to Vita, which will ultimately not result in any meaningful effect on Vita's current situation. Which is one of Vita's biggest issues-competing with home consoles.

Sony is in a very precarious state right now, if Nintendo doesn't f* up with their new system, or M$ decides to force Sony's hand further by releasing a new console earlier Sony could see further misfortune.

This is the same debate I had with vicviper. A MH on vita will outsell the same MH on 3ds. It would probably sell a million vitas on its own over a period of time, just from being announced. The problem is that people don't think it is coming out for vita, so they're holding their purchase.

We're just going to have to wait and see, because I'm not going to get in another debate about what could happen.

I wouldn't pressume to debate anybody on anything inwhich the premise is based on 'what ifs, and wait and see' especially on a game that hasn't been announced.

So no worries here : )



Bet between Slimbeast and Arius Dion about Wii sales 2009:


If the Wii sells less than 20 million in 2009 (as defined by VGC sales between week ending 3d Jan 2009 to week ending 4th Jan 2010) Slimebeast wins and get to control Arius Dion's sig for 1 month.

If the Wii sells more than 20 million in 2009 (as defined above) Arius Dion wins and gets to control Slimebeast's sig for 1 month.

logic56 on 09 May 2012
bouzane said:


They should have researched the public in general, gamers as a whole as well as their customers who purchased either a PS3 or PSP. Hell, they should also have polled those who purchased a PS2 and not a PS3 or PSP. Sony really shouldn't be focusing on simply matching one competitor, they should have created the Vita to recapture if not exceed the mass marketability of the PS2.

they are?

PS2 came out before it's competitors and was affordable, they couldn't do that with Vita even if they wanted to.



bouzane on 10 May 2012
logic56 said:
bouzane said:
 


They should have researched the public in general, gamers as a whole as well as their customers who purchased either a PS3 or PSP. Hell, they should also have polled those who purchased a PS2 and not a PS3 or PSP. Sony really shouldn't be focusing on simply matching one competitor, they should have created the Vita to recapture if not exceed the mass marketability of the PS2.

they are?

PS2 came out before it's competitors and was affordable, they couldn't do that with Vita even if they wanted to.


I don't think you're understanding my point. The executive management at Sony should have commissioned market research which would have included the demographic of PS2 gamers that never purchased either a PSP or PS3/ This would have maximized the relevant market sample for the aforementioned research. Doing so would have revealed that the general public wants an affordable price point and could not care less about the Vita's system specs. This in turn would have, in the hands of a competent corporation, led to the development of a handheld with significantly weaker hardware and a much more affordable price. Additionally, it would have been possible to launch the Vita at least a year earlier. I have no understanding as to why Sony did not do this as there really should have been no concern for cannibalizing the PSP's already poor sales.

1. early launch - like the PS2

2. weaker hardware, lower price - like the PS2

It doesn't take a rocket scientist to figure out what made the PS2 more successful than its successors. It's a shame that Sony's grossly incompetent management can not figure this out.



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dark_gh0st_b0y on 10 May 2012

such insane advertising for nothing!?

but i won't repeat what Sony lacks because i'll get another warning message



don't mind my username, that was more than 10 years ago, I'm a different person now, amazing how people change ^_^

logic56 on 10 May 2012
bouzane said:
logic56 said:
bouzane said:
 


They should have researched the public in general, gamers as a whole as well as their customers who purchased either a PS3 or PSP. Hell, they should also have polled those who purchased a PS2 and not a PS3 or PSP. Sony really shouldn't be focusing on simply matching one competitor, they should have created the Vita to recapture if not exceed the mass marketability of the PS2.

they are?

PS2 came out before it's competitors and was affordable, they couldn't do that with Vita even if they wanted to.


I don't think you're understanding my point. The executive management at Sony should have commissioned market research which would have included the demographic of PS2 gamers that never purchased either a PSP or PS3/ This would have maximized the relevant market sample for the aforementioned research. Doing so would have revealed that the general public wants an affordable price point and could not care less about the Vita's system specs. This in turn would have, in the hands of a competent corporation, led to the development of a handheld with significantly weaker hardware and a much more affordable price. Additionally, it would have been possible to launch the Vita at least a year earlier. I have no understanding as to why Sony did not do this as there really should have been no concern for cannibalizing the PSP's already poor sales.

1. early launch - like the PS2

2. weaker hardware, lower price - like the PS2

It doesn't take a rocket scientist to figure out what made the PS2 more successful than its successors. It's a shame that Sony's grossly incompetent management can not figure this out.

*sigh*

ok slowly now...

you know what nevermind, for it's even not worth it



oni-link on 10 May 2012

Sony really needs to re-focus as they are in shoulder deep in hot water coming this next generation. Somehow I get the feeling Orbis or whatever won't be as powerful as some PS fanboys imagine it to be. (esp seeing how battered the company is currently.) Sony could start cuttin losses by pulling out of the costly dedicated videogame handheld and focus on a gaming smartphone or something. The Vita is just a resource drain that has little change of return at this point. (IMHO)



NiKKoM on 11 May 2012

down

Sony tumbled 6.4 percent to 1,135 yen, the lowest level since Aug. 12, 1980. The stock has declined 18 percent this year, extending the 53 percent drop last year.


http://www.bloomberg.com/news/2012-05-11/sony-falls-to-31-year-low-as-forecast-misses-estimates.html#disqus_thread



 

Face the future.. Gamecenter ID: nikkom_nl (oh no he didn't!!) 

Wh1pL4shL1ve_007 on 11 May 2012

Update : --------------------MAY 11th Information---------------------------

- Sony again reached a NEW 52 week LOW of 13.97 today compared to the low of 15.15 two days ago. They enjoyed couple of days of Recovery May 8th to May 10th. Butthe LOW was shattered after publishing its disappointing financial reports of the Playstation. (Ps3 shipping and PSV shipping)



Yay!!!