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

@Jizz_Beard_thePirate

It's awfully easy to win an argument when we keep changing the criteria isn't it?

"Their Movie, TV, Music, PC, and mobile division doesn't make them any profits for the past few years..."

Wrong

"...the company as a whole probably won't make profit unless some magical fairy princess comes and sprinkles cash out of thin air."

Wrong



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Jizz_Beard_thePirate said:
bouzane said:
Jizz_Beard_thePirate said:

... Currently, Sony is not making profits and therefore... Currently, Sony is not profitable... 

 

Considering It was 458 million in the end of 2012 according to your link from wiki... As I remember... thats not exactly an upward slope they are going into... And their competitors make a ton more money than they do... Such as Samsung

You've gravitated from

"Currently, Sony is not making profits"

to 

"thats not exactly an upward slope they are going into" and "their competitors make a ton more money than they do"

This is the definition of moving goalposts.



Jay520 said:
Jizz_Beard_thePirate said:
bouzane said:
Jizz_Beard_thePirate said:

... Currently, Sony is not making profits and therefore... Currently, Sony is not profitable... 

 

Considering It was 458 million in the end of 2012 according to your link from wiki... As I remember... thats not exactly an upward slope they are going into... And their competitors make a ton more money than they do... Such as Samsung

You've gravitated from

"Currently, Sony is not making profits"

to 

"thats not exactly an upward slope they are going into" and "their competitors make a ton more money than they do"

This is the definition of moving goalposts.

To be fair... Currently they aren't according to data from many sites, since last quater... they had net loss...

But I will admit... I may have been going a bit off



                  

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

Man, you're comparing a console that sold 80m and probably will hit 100m with one that isn't looking that will beat 30m. Profit is important, but share is more if you can endure the money hit. When you lost share you lost 3rd party support, consumer mind share, retail space and so on. MS always mastered the art of pumping money in something until it worked (XBox is a case. WP is their current try).

And there was a lot of articles about Sony financials until last year, it's impossible that anyone here didn't saw it. But now it's old news, it was talked a lot, people lost interest (besides that, Kaz improved a lot the situation and attacked the bleeding TV business). Next gen now is the hot topic and comparisons between all consoles will happen. And in this point, they are hitting on the Internet favorite: doom and underperforming business. But they aren't far from truth, like they weren't about Sony's financials. Wii U is doing horribly and both PS4 and One are doing great. There is no lie in that, it's in the numbers, PS4 already passed Wii U's 2013 YTD and won't take long to pass it's lifetime sales. 8th gen home console wars is between Sony and MS now, Nintendo needs to do damage control and get their stuff right for gen 9. Handhelds is a home run for them, so that will keep them healthy.



brendude13 said:
Nintentacle said:
brendude13 said:
Because it's not relevant, and has already been discussed to death. The PS3 lost Sony a lot of money, but it has been profitable for a few years now and Sony are financially stable enough to keep bringing us new consoles and games.

The PS3 wasn't doomed because it sold 80 million, WiiU will be lucky to reach half of that. Being "doomed" has nothing to do with profits. I'm not sure where you're trying to go with this.

Actually, being doomed is all about profits. If every Sony console starting with the PS5 was like PS3 (Sells a lot, looses a lot) and every Nintendo console from now on was like the N64 and Gamecube, (Sells little, but makes profit) Sony would go under first, making them the "doomed" one.

Are we talking about the WiiU and PS3 or Nintendo and Sony here?

You seem to be clinging onto the idea that Nintendo being an overall more profitable company makes the WiiU a successful console. Believe what you will, but you'll be in for a nasty shock if worst come to worst and the WiiU dissapears off of European shelves within the next year or so.

No. Wii U is doing terrible right now. I'm just saying that Wii U will be more financially successful than PS3. It won't sell as much or get as much support though.



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Nintentacle said:
brendude13 said:
Nintentacle said:
brendude13 said:
Because it's not relevant, and has already been discussed to death. The PS3 lost Sony a lot of money, but it has been profitable for a few years now and Sony are financially stable enough to keep bringing us new consoles and games.

The PS3 wasn't doomed because it sold 80 million, WiiU will be lucky to reach half of that. Being "doomed" has nothing to do with profits. I'm not sure where you're trying to go with this.

Actually, being doomed is all about profits. If every Sony console starting with the PS5 was like PS3 (Sells a lot, looses a lot) and every Nintendo console from now on was like the N64 and Gamecube, (Sells little, but makes profit) Sony would go under first, making them the "doomed" one.

Are we talking about the WiiU and PS3 or Nintendo and Sony here?

You seem to be clinging onto the idea that Nintendo being an overall more profitable company makes the WiiU a successful console. Believe what you will, but you'll be in for a nasty shock if worst come to worst and the WiiU dissapears off of European shelves within the next year or so.

No. Wii U is doing terrible right now. I'm just saying that Wii U will be more financially successful than PS3. It won't sell as much or get as much support though.


Actually, didn't you create this thread to state that gaming journalists are ignoring the financial struggles that sony faced with the PS3? This is still incorrect as the gaming press dragged Sony through the mud during the early PS3 years. Sony's financial troubles during the PS3 launch are also irrelevant to WiiU (still). That being said, your most recent statement is most agreable, the WiiU will never be as popular among consumers or developers as the PS3 while it may generate greater profits.



torok said:
Man, you're comparing a console that sold 80m and probably will hit 100m with one that isn't looking that will beat 30m. Profit is important, but share is more if you can endure the money hit. When you lost share you lost 3rd party support, consumer mind share, retail space and so on. MS always mastered the art of pumping money in something until it worked (XBox is a case. WP is their current try).

And there was a lot of articles about Sony financials until last year, it's impossible that anyone here didn't saw it. But now it's old news, it was talked a lot, people lost interest (besides that, Kaz improved a lot the situation and attacked the bleeding TV business). Next gen now is the hot topic and comparisons between all consoles will happen. And in this point, they are hitting on the Internet favorite: doom and underperforming business. But they aren't far from truth, like they weren't about Sony's financials. Wii U is doing horribly and both PS4 and One are doing great. There is no lie in that, it's in the numbers, PS4 already passed Wii U's 2013 YTD and won't take long to pass it's lifetime sales. 8th gen home console wars is between Sony and MS now, Nintendo needs to do damage control and get their stuff right for gen 9. Handhelds is a home run for them, so that will keep them healthy.

Explain why you don't think Wii U will reach 30 million. I think it'll barely outsell the N64.



Nintentacle said:

Explain why you don't think Wii U will reach 30 million. I think it'll barely outsell the N64.


Because its 3mil behind the gamecube and continues to fall behind each month that goes by. If you didnt know the gamecube only sold 22mil. It will not outsell the N64



bouzane said:
Nintentacle said:
brendude13 said:
Nintentacle said:
brendude13 said:
Because it's not relevant, and has already been discussed to death. The PS3 lost Sony a lot of money, but it has been profitable for a few years now and Sony are financially stable enough to keep bringing us new consoles and games.

The PS3 wasn't doomed because it sold 80 million, WiiU will be lucky to reach half of that. Being "doomed" has nothing to do with profits. I'm not sure where you're trying to go with this.

Actually, being doomed is all about profits. If every Sony console starting with the PS5 was like PS3 (Sells a lot, looses a lot) and every Nintendo console from now on was like the N64 and Gamecube, (Sells little, but makes profit) Sony would go under first, making them the "doomed" one.

Are we talking about the WiiU and PS3 or Nintendo and Sony here?

You seem to be clinging onto the idea that Nintendo being an overall more profitable company makes the WiiU a successful console. Believe what you will, but you'll be in for a nasty shock if worst come to worst and the WiiU dissapears off of European shelves within the next year or so.

No. Wii U is doing terrible right now. I'm just saying that Wii U will be more financially successful than PS3. It won't sell as much or get as much support though.


Actually, didn't you create this thread to state that gaming journalists are ignoring the financial struggles that sony faced with the PS3? This is still incorrect as the gaming press dragged Sony through the mud during the early PS3 years. Sony's financial troubles during the PS3 launch are also irrelevant to WiiU (still). That being said, your most recent statement is most agreable, the WiiU will never be as popular among consumers or developers as the PS3 while it may generate greater profits.

I'm not saying they ignored it in 2007 and 2008, but I think they are now. Most of the articles I see mention that PS3 is making Sony now. While It's true, you still have to look at the whole picture. PS3 still isn't profitable, because Sony made terrible decisions. Luckily it seems like they learned their lesson, and I hope Nintendo finally learns their lesson with the Wii U.



@Nintentacle

I can agree with you there. That being said, does anybody know exactly how much the PS3 lost/made? I think that the PS3 R&D and launch cost over four billion dollars but I'm not entirely sure. Also, it's worth mentioning that the Xbox brand lost over nine billion dollars before becoming profitable. I seriously don't understand what Microsoft was / is trying to accomplish with Xbox.