By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Forums - Gaming - PSN brings in more money than all of Nintendo

KLAMarine on 02 February 2017
Teeqoz said:
KLAMarine said:

Is it wrong to bring up profit when discussing revenue?

Nintendo made more profit this quarter due to foregin exchange gains.

That's part of it, I'm sure.

Teeqoz said:

EDIT: I'm assuming we're talking about gaming division only? If we include all of Sony then you have to account for the 1 billion dollar writedown in their movie business.

I'm aware of Sony's struggling film division.



Around the Network
Teeqoz on 02 February 2017
KLAMarine said:
Teeqoz said:

Nintendo made more profit this quarter due to foregin exchange gains.

That's part of it, I'm sure.

Teeqoz said:

EDIT: I'm assuming we're talking about gaming division only? If we include all of Sony then you have to account for the 1 billion dollar writedown in their movie business.

I'm aware of Sony's struggling film division.

Are you aware of what a writedown is? Because a writedown of 1 billion dollars in their movie division doesn't mean that their movie division lost 1 billion dollars. It means Sony have realized that until now they have overestimated the value of their movie division, so they now have to reduce in in their balance sheet, and this action is accounted as a loss. It's merely an accounting loss. Microsoft had the same a few quarters ago, where they had a writedown of 7 billion dollars in their mobile division.



KLAMarine on 02 February 2017
Teeqoz said:
KLAMarine said:

That's part of it, I'm sure.

I'm aware of Sony's struggling film division.

Are you aware of what a writedown is? Because a writedown of 1 billion dollars in their movie division doesn't mean that their movie division lost 1 billion dollars. It means Sony have realized that until now they have overestimated the value of their movie division, so they now have to reduce in in their balance sheet, and this action is accounted as a loss. It's merely an accounting loss. Microsoft had the same a few quarters ago, where they had a writedown of 7 billion dollars in their mobile division.

None of the big three are struggle-free.



Teeqoz on 02 February 2017
KLAMarine said:
Teeqoz said:

Are you aware of what a writedown is? Because a writedown of 1 billion dollars in their movie division doesn't mean that their movie division lost 1 billion dollars. It means Sony have realized that until now they have overestimated the value of their movie division, so they now have to reduce in in their balance sheet, and this action is accounted as a loss. It's merely an accounting loss. Microsoft had the same a few quarters ago, where they had a writedown of 7 billion dollars in their mobile division.

None of the big three are struggle-free.

I'm not sure what this has to do with the discussion, but yeah (depending on what you mean by "struggle").



jason1637 on 02 February 2017
Jranation said:
No wonder Nintendo is doing it too.

This



Around the Network
SegataSanshiro on 02 February 2017
Turkish said:
SegataSanshiro said:
Sony spends more money than they have it seems tho. Why they seem to want to sell off the entire TV and Film division. Sony more and more seemingly becoming a console company and less a Media/Electronics giant they once were.

If you think Sony was made up of only those 3 business units, then sure, Sony is seemingly becoming a console only company.

But if you actually knew what you were talking about, you'd know they have a bunch of other divisions.

Was it that hard? Like, you at least knew Sony Music or their home entertainment products right?

U mad? The point it they been selling off divisions left and right since 2012 and cut 18000+ jobs. I said Sony is getting CLOSER and CLOSER to a console company AT THIS RATE. Also 2 of the divisions listed is up for sale. So get mad if you want but Sony every year has been massively downsizing.

User was moderated for this post

-Super_Boom



AsGryffynn on 02 February 2017
torok said:
Hynad said:

Why do you thank Microsoft as if you were the one profiting from all this?

I blame consumers. People were ok in paying Live, so there wasn't a single reason why Sony, and now Ninty, wouldn't do the same. People went as far as saying that Live was better because it was paid. My PSN didn't became miraculously better after the paywall, I would say the free game selection became worse.

MS was better because of the price. That's the reason most of us told you not to pay for PSN, since it wasn't really better after they started charging... 



outlawauron on 02 February 2017
torok said:
Hynad said:

Why do you thank Microsoft as if you were the one profiting from all this?

I blame consumers. People were ok in paying Live, so there wasn't a single reason why Sony, and now Ninty, wouldn't do the same. People went as far as saying that Live was better because it was paid. My PSN didn't became miraculously better after the paywall, I would say the free game selection became worse.

Uh, how do you think Sony has been able to finance the expansion of the service as well as features that would likely never had materialized without the extra capital?



"We'll toss the dice however they fall,
And snuggle the girls be they short or tall,
Then follow young Mat whenever he calls,
To dance with Jak o' the Shadows."

Check out MyAnimeList and my Game Collection. Owner of the 5 millionth post.

outlawauron on 02 February 2017
KLAMarine said:
sergiodaly said:

both companies already release their lastest quarterly results, so can you show us data that back up your statement?

I think these might be it?

https://thetechportal.com/2017/01/31/nintendo-quarterly-earnings-released/

http://www.usnews.com/news/business/articles/2017-02-02/sony-records-84-pct-quarterly-profit-drop-on-movie-loss

Nintendo's $569 million in profit versus Sony's $174 million in profit. Movie business hurting Sony.

By the way:

Why the difference between Microsoft and Sony? Gaming Revenue vs. Game & Network Services respectively?

Someone here with a Twitter account able to ask him?

The difference is because each company names their divisions and departments differently. Sony calls Playstation, Game & Network Services. That's all it is. The chart above shows how much each company brought in via their gaming offerings.



"We'll toss the dice however they fall,
And snuggle the girls be they short or tall,
Then follow young Mat whenever he calls,
To dance with Jak o' the Shadows."

Check out MyAnimeList and my Game Collection. Owner of the 5 millionth post.

Teeqoz on 02 February 2017
SegataSanshiro said:
Turkish said:

If you think Sony was made up of only those 3 business units, then sure, Sony is seemingly becoming a console only company.

But if you actually knew what you were talking about, you'd know they have a bunch of other divisions.

Was it that hard? Like, you at least knew Sony Music or their home entertainment products right?

U mad? The point it they been selling off divisions left and right since 2012 and cut 18000+ jobs. I said Sony is getting CLOSER and CLOSER to a console company AT THIS RATE. Also 2 of the divisions listed is up for sale. So get mad if you want but Sony every year has been massively downsizing.

Sony says it won't sell movie biz

Those were unconfirmed rumours. None of Sony's divisions are currently up for sale. Stop spreading false information.