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Forums - Sony Discussion - Sony profits rise 346% thanks to strong performance from PlayStation

COKTOE on 01 November 2017

Things are looking quite rosey for Sony at the moment, who are on pace for their best year since 1998, not just from the PS brand, but also semiconductors.

https://www.cnbc.com/amp/2017/10/31/sony-earnings-q2-2017.html

Well removed from the dark ages of their business, only a few years ago. Sorry for the quick post. In a rush at the moment.



- "If you have the heart of a true winner, you can always get more pissed off than some other asshole."

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JRPGfan on 01 November 2017

Profits up 346%.... not bad.

Whatever changes they put in place, paid off big.



Tmfwang on 01 November 2017

Their stocks also rose like 13-ish% yesterday, after their financial report.



Predicted 15+ million lifetime-sales for God of War:

- http://gamrconnect.vgchartz.com/thread.php?id=234612&page=1

V-r0cK on 01 November 2017

They've been doing well this gen and it's showing.



TallSilhouette on 01 November 2017

All the cutbacks and reinvestments are finally paying off. Attaboy, Kaz.



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KBG29 on 01 November 2017

Now they just need to kill off Xperia, and start building Phones, Tablets, and a Handheld using the PS4 tech and OS. The rest of the company is doing quite well. Good news for Sony, Great news for Developers, and Outstanding news for Gamers. More money, means more games, bigger budgets, new hardware, and more innovation/risk. Look forward to seeing what all these profits turn into!



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loy310 on 01 November 2017
JRPGfan said:
Profits up 346%.... not bad.

Whatever changes they put in place, paid off big.

iPhone X forward facing camera supplier is what happened.



ironmanDX on 01 November 2017
loy310 said:
JRPGfan said:
Profits up 346%.... not bad.

Whatever changes they put in place, paid off big.

iPhone X forward facing camera supplier is what happened.

Damn. That is a handy contract for Sony. If you can't beat them, supply them!

 

Kaz putting in the work!



IkePoR on 01 November 2017
KBG29 said:
Now they just need to kill off Xperia, and start building Phones, Tablets, and a Handheld using the PS4 tech and OS. The rest of the company is doing quite well. Good news for Sony, Great news for Developers, and Outstanding news for Gamers. More money, means more games, bigger budgets, new hardware, and more innovation/risk. Look forward to seeing what all these profits turn into!

I'm still concerned about the movie division and tv manufactoring as well.  Do they still make tv's?  

Shout outs to Microsoft for doing it's part too.  After all, where might the PS4 be if not for Don and those boys Microsofting the Xbox One up?



"You should be banned. Youre clearly flaming the president and even his brother who you know nothing about. Dont be such a partisan hack"

Zach808 on 01 November 2017

Wait... This means the Emoji movie actually made Sony a ton of money.

R.I.P. film industry.