Pinkie_pie said:
Yes but just the psn is making more money than the whole of nintendo tells you which company is king of gaming :D |
Offcourse that Sony has best sales (PS4/PSN is killing it), but best sales does not equal biggest profit.
Pinkie_pie said:
And xbox always wins because microsoft makes a ton more money than nintendo and sony combined |
Yeah, Microsoft is probably the most successful company of the big three especially with recent news.
Nintendo and Sony have seen better days.
Miyamotoo said:
Offcourse that Sony has best sales (PS4/PSN is killing it), but best sales does not equal biggest profit. |
it's was not, but this time, it is
HollyGamer said:
it's was not, but this time, it is |
My point is that despite low sales and fact that Wii U is dead Nintendo made great profit and actual 3x bigger profit than whole Sony, so this "PSN brings in more money than all of Nintendo" doenst tell whole picture.
Ka-pi96 said:
So what am I missing here? I thought operating income = profit and Nintendo's Q3 operating income of 32 billion yen is in no way 4x Sony's Q3 operating income of 92.4 billion yen. Edit: Seems they are using "Net income attributable to Sony Corporation’s stockholders" for profit. ugh, why can't they just label one "profit" so it was simple Anyways, using that figure instead Nintendo's 64.6 billion, still isn't 4x Sony's 19.6 billion, so your "fact" is still false. It is just over 3x though. |
Yes, you are right, little over 3x not 4x.
Miyamotoo said:
My point is that despite low sales and fact that Wii U is dead Nintendo made great profit and actual 3x bigger profit than whole Sony, so this "PSN brings in more money than all of Nintendo" doenst tell whole picture.
|
Yes, but Wii U is not adding anything here, Is even a dead weight to Nintendo Profit. It's not even a profit, it's a loss. Nintendo are making profit but not from Wii U. I can agree, Nintendo games are making profit but, Wi U is not the reason Nintendo making profit.
Miyamotoo said:
My point is that despite low sales and fact that Wii U is dead Nintendo made great profit and actual 3x bigger profit than whole Sony, so this "PSN brings in more money than all of Nintendo" doenst tell whole picture.
Yes, you are right, little over 3x not 4x.
|
If you are actually after "the whole picture", let me explain somethings:
Sony recorded a 1 billion writedown in their movie division. This means that Sony adjusted the value of their movie division down by 1 billion. Even though this isn't a recurring cost related to operations, it is recorded as operating income, and it basically means that in reality, Sony made 1 billion more this quarter. At the same time, Nintendo made 47 billion yen (about 500 million USD) from foreign exchange gains, which is a one time gain (similar to how Sony's writedown of 1 billion is a one time loss).
Put simply, when Sony announced this result, their stock was up 5%. When Nintendo announced their result, their stock was down 5%. There's a reason for that.
I don't see the need for a comparison. Both are doing just fine, all things considered.
唯一無二のRolStoppableに認められた、VGCの任天堂ファミリーの正式メンバーです。光栄に思います。
HollyGamer said:
Yes, but Wii U is not adding anything here, Is even a dead weight to Nintendo Profit. It's not even a profit, it's a loss. Nintendo are making profit but not from Wii U. I can agree, Nintendo games are making profit but, Wi U is not the reason Nintendo making profit. |
That's a point, Wii U is dead and not adding anything, and Nintendo still made great profit.
Miyamotoo said:
That's a point, Wii U is dead and not adding anything, and Nintendo still made great profit. |
Because of foreign exchange gains...
Teeqoz said:
Because of foreign exchange gains... |
Yup, they made $570m profit in Q3 only beacuse of foreign exchange gains. :D
By the way, foreign exchange gains goes same for Sony too.
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