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Forums - Sales Discussion - PSN still makes more money than the entirety of Nintendo Co., Ltd.

palou on 02 November 2017
DonFerrari said:
And still Nintendo is valued higher than Sony, and people still happy about the strange things of stock market.

It may also have to do with the confidence of investors in the stability of the respective companies.

 



Bet with PeH: 

I win if Arms sells over 700 000 units worldwide by the end of 2017.

Bet with WagnerPaiva:

 

I win if Emmanuel Macron wins the french presidential election May 7th 2017.

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DonFerrari on 02 November 2017
Kyuu said:
When consumers could have supported the ambitious, more reliable PS3, with its free online service, and full backwards compatibility with the two greatest gaming systems of all time next to the SNES... they were instead singing happy songs to celebrate Sony's doom because a couple of Sony representatives got a little arrogant..

Paid online is the natural extension to the great success of X360 vs the relative failure of PS3.

And case in point... the system launched losing 200 per console and the "arrogant" guy said ... we want to deliver so much value that people would even think about getting a new job just to buy it. This got totally spinned and distorted.

But yes people supporting Xbox Live and also calling PS3 more expensive even when only 2 years of XBL would already make the price the same helped pave this way, same thing with all the other anti-consumer practices of DLC, lootboxes, etc... they sold enough to make more devs go that way



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."

DonFerrari on 02 November 2017
palou said:
DonFerrari said:
And still Nintendo is valued higher than Sony, and people still happy about the strange things of stock market.

It may also have to do with the confidence of investors in the stability of the respective companies.

It have to do with a lot of things, but mostly especulation for short term gains. If you think a company will profit a lot in 5 years and then buy the share, selling it a week later when it got 10% up, you weren't really looking and profitability and stability, but at speculation.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."

Wright on 02 November 2017
Kyuu said:
When consumers could have supported the ambitious, more reliable PS3, with its free online service, and full backwards compatibility with the two greatest gaming systems of all time next to the SNES... they were instead singing happy songs to celebrate Sony's doom because a couple of Sony representatives got a little arrogant..

Paid online is the natural extension to the great success of X360 vs the relative failure of PS3.

You make it sound like consumers are the devil for not wanting to spend 600 bucks on a console that originally didn't show any of the promised potential and clearly gave trouble to plenty of developers that would rather look for easier success elsewhere, incentivizing the competition in the process.



Nautilus on 02 November 2017
DonFerrari said:
And still Nintendo is valued higher than Sony, and people still happy about the strange things of stock market.

Which is why the stock market is based on speculation of a said company growth, not only exclusively on the current performance.And Nintendo has alot more to grow with the Switch, while you can basically already know what to expect Sony with the PS4.



My (locked) thread about how difficulty should be a decision for the developers, not the gamers.

https://gamrconnect.vgchartz.com/thread.php?id=241866&page=1

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DonFerrari on 02 November 2017
Nautilus said:
DonFerrari said:
And still Nintendo is valued higher than Sony, and people still happy about the strange things of stock market.

Which is why the stock market is based on speculation of a said company growth, not only exclusively on the current performance.And Nintendo has alot more to grow with the Switch, while you can basically already know what to expect Sony with the PS4.

Congrats if you truly believe it.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."

GhaudePhaede010 on 02 November 2017
VGPolyglot said:
Oneeee-Chan!!! said:

Because Nintendo online is free.

For 2 more months However, it sounds like Sony is also planning on making changes to MAU, so I expect them to attempt to have microtransactions/GaaS more prominently in the future.

Source?



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DonFerrari on 02 November 2017
Kyuu said:
DonFerrari said:

And case in point... the system launched losing 200 per console and the "arrogant" guy said ... we want to deliver so much value that people would even think about getting a new job just to buy it. This got totally spinned and distorted.

But yes people supporting Xbox Live and also calling PS3 more expensive even when only 2 years of XBL would already make the price the same helped pave this way, same thing with all the other anti-consumer practices of DLC, lootboxes, etc... they sold enough to make more devs go that way

They lost around $300 per console for a while if I remember correctly. PS3 actually launched @$499 but the base model got discontinued when Sony realized there wasn't a strong demand for it, if their words are to be believed.

Well I remembet the 599 costing 800 to make. And I wasn't following sales of PS before 2009 when I bought mine. So I believe they had a quick cut fro the 499 making they lose 300.

So for me that is less they being arrogant and more they miss reading the market and thinking mass market would accept those prices when the game performance wasn't really over X360 (but the BD was at the time a significant bonus with free online)



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."

Nautilus on 02 November 2017
DonFerrari said:
Nautilus said:

Which is why the stock market is based on speculation of a said company growth, not only exclusively on the current performance.And Nintendo has alot more to grow with the Switch, while you can basically already know what to expect Sony with the PS4.

Congrats if you truly believe it.

Thanks!I do give myself a pat in my back once in a while Donny.Its nice when people recognize my intelligence.



My (locked) thread about how difficulty should be a decision for the developers, not the gamers.

https://gamrconnect.vgchartz.com/thread.php?id=241866&page=1

Nautilus on 02 November 2017

What people dont realize is that when you invest in Sony, you dont just invest in its gaming division, you invest in the whole company, and not every division is fairing as well as the PS4.
But when you invest in Nintendo, you invest in the gaming division, which is doing extremely well to say the least, with a bright future ahead of it.Thats why Nintendo is doing better in the stocks.

But both companies are doing well.No need for these salty comments or denial by both sides.God.



My (locked) thread about how difficulty should be a decision for the developers, not the gamers.

https://gamrconnect.vgchartz.com/thread.php?id=241866&page=1