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Forums - Sony - Why Do People Act Like Sony (Computer Entertainment) Doesn't Have Financial Problems?

Nintentacle on 15 December 2013
S.T.A.G.E. said:
Nintentacle said:
Some people seem to think I'm against Sony. I'm not. All I'm saying is that I find it annoying it is when "journalist" say the Wii U is doing terrible, when the PS3 was doing much financially worse in 2007 than the Wii U is right now. They always act like Wii U will never have a turn around, yet when PS3 was a year old, they said Sony was doomed because of the PS3. 6 years later the PS3 has 80 million units sold and they almost never mention that the PS3 was doing bad.


The problem is not that Nintendo has been losing money. They've actually been profiting because they play it smart and sell cheap hardware whilst making quality games. Problem is when Sony entered the market when it comes to a solid consumer-base Nintendo has lost of Sony everytime. The Wii was a special case so seeing that that marketshare is not coming back they are back to square one with Sony. Thank god Microsoft is there to stand in Sony's way. Again, its a stable marketshare problem not a profit problem.

You forgot about the handhelds. Sony's handhelds are the closest any competitor has gotten to taking over Nintendo in the handheld market, yet PSP is over 70 million behind DS, and 3DS's install base is over 6 times higher than Vita's. 

What I'm saying is: Sony dominates with consoles, and Nintendo is the god of the (gamimg) handheld market.



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Jizz_Beard_thePirate on 15 December 2013
bouzane said:
Jizz_Beard_thePirate said:
Its cause the wii sold so well that it made Sony fanboys jelly which made them take over the internet and any hate against Sony will make the hater's email get spammed with hate against them... What a hateful world we live in...

But with that being said... The main reason why Sony's profits are so terrible isn't really cause of the ps3 (although it had some large impacts as well)... Its Sony's entire company as a whole.. Their Movie, TV, Music, PC, and mobile division doesn't make them any profits for the past few years... Mostly cause they are not worth the price you pay for and their competitors, such has Samsung, has better price and product in many cases...

If anything... Their gaming division is doing the best out of all of their divisions but even with the profits from the ps4, the company as a whole probably won't make profit unless some magical fairy princess comes and sprinkles cash out of thin air.


What year is this, 2008? Sony's television division is still losing money but their other divisions are doing well and the organization as a whole if profitable.

Great compared to Sony... Terriable compared to every other company that likes making money...

http://www.engadget.com/2013/10/31/sony-earnings-q2-2013/



                  

PC Specs: CPU: 7800X3D || GPU: Strix 4090 || RAM: 32GB DDR5 6000 || Main SSD: WD 2TB SN850

S.T.A.G.E. on 15 December 2013
bouzane said:
Nintentacle said:
Some people seem to think I'm against Sony. I'm not. All I'm saying is that I find it annoying it is when "journalist" say the Wii U is doing terrible, when the PS3 was doing much financially worse in 2007 than the Wii U is right now. They always act like Wii U will never have a turn around, yet when PS3 was a year old, they said Sony was doomed because of the PS3. 6 years later the PS3 has 80 million units sold and they almost never mention that the PS3 was doing bad.


Sony has more than ten times the assets of Nintendo, thus they were able to absorb a far bigger loss than Nintendo will ever be able to. Additionally, the PS3 sold about 8 million units in 2007 while the WiiU will struggle to sell 3 million this year. The WiiU is selling so badly that it may never gain traction in the market, much in the same way as the Vita. The WiiU is not in the same position as the PS3 circa 2007 and that's the reason why gaming journalists aren't making any such comparisons. I don't expect the WiiU to sell a third as many units as its predecessor.


Thats saying a lot because the world economy was in turmoil in 2007-2008. Not only that Sony outsold The 360's first year with a console that cost $200 more than the 360 at launch.



S.T.A.G.E. on 15 December 2013
Nintentacle said:
S.T.A.G.E. said:
Nintentacle said:
Some people seem to think I'm against Sony. I'm not. All I'm saying is that I find it annoying it is when "journalist" say the Wii U is doing terrible, when the PS3 was doing much financially worse in 2007 than the Wii U is right now. They always act like Wii U will never have a turn around, yet when PS3 was a year old, they said Sony was doomed because of the PS3. 6 years later the PS3 has 80 million units sold and they almost never mention that the PS3 was doing bad.


The problem is not that Nintendo has been losing money. They've actually been profiting because they play it smart and sell cheap hardware whilst making quality games. Problem is when Sony entered the market when it comes to a solid consumer-base Nintendo has lost of Sony everytime. The Wii was a special case so seeing that that marketshare is not coming back they are back to square one with Sony. Thank god Microsoft is there to stand in Sony's way. Again, its a stable marketshare problem not a profit problem.

You forgot about the handhelds. Sony's handhelds are the closest any competitor has gotten to taking over Nintendo in the handheld market, yet PSP is over 70 million behind DS, and 3DS's install base is over 6 times higher than Vita's. 

What I'm saying is: Sony dominates with consoles, and Nintendo is the god of the (gamimg) handheld market.


Im not even focused on the handhelds, but yes you're correct. 



bouzane on 15 December 2013
Jizz_Beard_thePirate said:
bouzane said:
Jizz_Beard_thePirate said:
Its cause the wii sold so well that it made Sony fanboys jelly which made them take over the internet and any hate against Sony will make the hater's email get spammed with hate against them... What a hateful world we live in...

But with that being said... The main reason why Sony's profits are so terrible isn't really cause of the ps3 (although it had some large impacts as well)... Its Sony's entire company as a whole.. Their Movie, TV, Music, PC, and mobile division doesn't make them any profits for the past few years... Mostly cause they are not worth the price you pay for and their competitors, such has Samsung, has better price and product in many cases...

If anything... Their gaming division is doing the best out of all of their divisions but even with the profits from the ps4, the company as a whole probably won't make profit unless some magical fairy princess comes and sprinkles cash out of thin air.


What year is this, 2008? Sony's television division is still losing money but their other divisions are doing well and the organization as a whole if profitable.

Great compared to Sony... Terriable compared to every other company that likes making money...

http://www.engadget.com/2013/10/31/sony-earnings-q2-2013/


You claimed that Sony is not profitable. You were wrong.

You claimed that Sony's divisions (Movie, TV, Music, PC, and mobile) "doesn't (sic) make them any profits for the past few years". You were wrong (except for the television division).

Of course Sony's profits are going to be down this year, they just launched the PS4. This is patently obvious as Sony's profits always tumble upon launching a new console. If anything, the losses produced by the PS4's R&D and launch are tiny and will not noticably impact the operations of the company as a whole.

My point still stands.



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Jay520 on 15 December 2013

I'm pretty sure no one of credibility has ever said the PS3 was a huge financial success.

People predict that the Wii U is doomed because its not selling well.

It's that simple.



Jizz_Beard_thePirate on 15 December 2013
bouzane said:
Jizz_Beard_thePirate said:
bouzane said:


What year is this, 2008? Sony's television division is still losing money but their other divisions are doing well and the organization as a whole if profitable.

Great compared to Sony... Terriable compared to every other company that likes making money...

http://www.engadget.com/2013/10/31/sony-earnings-q2-2013/


You claimed that Sony is not profitable. You were wrong.

You claimed that Sony's divisions (Movie, TV, Music, PC, and mobile) "doesn't (sic) make them any profits for the past few years". You were wrong (except for the television division.

Of course Sony's profits are going to be down this year, they just paunched the PS4. This is patently obvious as Sony's profits always tumble upon launching a new console. If anything, the losses produced by the PS4's R&D and launch are tiny and will not noticably impact the operations of the company as a whole.

My point still stands.

Did you even click the link... Where is your link that says Sony is profitable? There are tons of sites that says it isn't... Don't just say people are wrong if you don't have any proof... Sony lost so much money in their Movie devision and has such low market share in the mobile market that its not even funny... And I said they are doing really great on their gaming devision... wtf are you on?

http://www.bloomberg.com/news/2013-11-01/sony-s-credit-rating-may-be-cut-to-junk-by-moody-s-after-loss.html



                  

PC Specs: CPU: 7800X3D || GPU: Strix 4090 || RAM: 32GB DDR5 6000 || Main SSD: WD 2TB SN850

FarleyMcFirefly on 15 December 2013
deskpro2k3 said:
Jennifer Lawrence is hawt

I second that.



1doesnotsimply

Pillow on 15 December 2013

http://www.google.ca/finance?q=TYO%3A6758&ei=t1quUrCuFZLFqQHR6gE

Everything you need to know about Sony's financial situation is in there. Analyze it as you wish...



Nintentacle on 15 December 2013
bouzane said:
Nintentacle said:
Some people seem to think I'm against Sony. I'm not. All I'm saying is that I find it annoying it is when "journalist" say the Wii U is doing terrible, when the PS3 was doing much financially worse in 2007 than the Wii U is right now. They always act like Wii U will never have a turn around, yet when PS3 was a year old, they said Sony was doomed because of the PS3. 6 years later the PS3 has 80 million units sold and they almost never mention that the PS3 was doing bad.


Sony has more than ten times the assets of Nintendo, thus they were able to absorb a far bigger loss than Nintendo will ever be able to. Additionally, the PS3 sold about 8 million units in 2007 while the WiiU will struggle to sell 3 million this year. The WiiU is selling so badly that it may never gain traction in the market, much in the same way as the Vita. The WiiU is not in the same position as the PS3 circa 2007 and that's the reason why gaming journalists aren't making any such comparisons. I don't expect the WiiU to sell a third as many units as its predecessor.

My point is that Nintendo is in a much better situation right than Sony was in 2007. Sales don't matter at ALL for that. Wii U right now is in a much better situation since It's loosing less money than PS3 was in 2007. I'll make a quick explanation.

Wii U is loosing less than PS3 was in 2007, making Nintendo in a better financial situation than Sony was in 2007. The end.