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Forums - Sales - Wall Street Journal on Sony.... Ouch!!!

Its amazing how quickly things change. Its ironic that hardware pricing taught the same lesson to Sony this time that former gen. taught Nintendo.

Sony products in general are overpriced and this is not the best position to be in when recovering from an economic disaster. They deserve what they get, especially after taking down Sega and almost taking down Nintendo.





“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.

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bdbdbd said:
WSJ a casual publication.

 

VGC a casual sales tracking site.



Shadow)OS said:
"Ouch" is an understatement. That article is a very grim reality check to all those people still saying PS3 has a chance. And I still hear some people talking about a PS4...

I remember someone here saying a line something similar to "PS3 was the sacrificial lamb to Blu-Ray". I can't help but agree with that remark now.

Well Sony isn't KO'd yet, but I'll be damned if the ref isn't counting.

You seriously think that Sony is going to drop out of making game consoles?



"We'll toss the dice however they fall,
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outlawauron said:
Shadow)OS said:
"Ouch" is an understatement. That article is a very grim reality check to all those people still saying PS3 has a chance. And I still hear some people talking about a PS4...

I remember someone here saying a line something similar to "PS3 was the sacrificial lamb to Blu-Ray". I can't help but agree with that remark now.

Well Sony isn't KO'd yet, but I'll be damned if the ref isn't counting.

You seriously think that Sony is going to drop out of making game consoles?

 

At the current rate, yes.

I'm sure their investors aren't too pleased. PS3 has been nothing but an utter failure so far. Not a dime earned, billions lost, incredibly low expectations for the future.

People can keep telling themselves "Yeah! Sony will turn it around next year!", but I've heard that two years running now (onto our third). Lets say they actually have a surplus next year. What then? Scraps are a reason to celebrate? Profit doesn't equal profit until things break even and go beyond. Next year they *might* begin paying off their immense debts that the PS3 has given them thus far. And that's a big maybe. If you spend 10 dollars and earn a 10 cents, you've got $9.90 to make up.

All the big hitters this year that were supposed to "turn things around" have grossly underperformed. What killer apps does PS3 have for next year? Does anyone want to tell me that?

The journey to actually pay off the costs the PS3 will be very long and dragged out, and I have serious doubts that Sony will see enough return to actually break even from this fiasco.

Now are you telling me, that you expect a Sony PR rep to walk up to their thousands of investors amidst the collapsing company (don't forget that the entire company is in peril) and say "Hey, do you wanna start working on that PS4 guys?"

What I'd like to know is why people think that companies are some how immune from dropping out of the console business. It's a business like any other - if things aren't going well with no forseeable grace, get the hell out. Either Sony's board of directors do it themselves, or their investors grab their balls and drag them out.

Sony has their fingers in one too many rotten pies right now. Something has got to give.



By life end:

  • Wii- 100 million+
  • Xbox360- 35~40 million
  • PS3- 30 million
  • PSP- 30~32 million ------------- FAILURE
  • NDS- 85~90 million (Skeptical)  - FAILURE
  • NDS- 100 million+ (Optimistic) -- Success!

 

 

I wouldn't bet too much of next year being profitable in general for sony.

This economic crisis has hit Electronics hard in general. Everything has dropped in sales, TVs, DVD players, etc...



 

 

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@Galagi: That fits better. I've always considered WSJ a core publication in its trade.



Ei Kiinasti.

Eikä Japanisti.

Vaan pannaan jalalla koreasti.

 

Nintendo games sell only on Nintendo system.

06 wasn't a great year, but the graph indicates that the situation is improving. They had a rough time, but looks like things are looking up.



megaman79 said:
Its amazing how quickly things change. Its ironic that hardware pricing taught the same lesson to Sony this time that former gen. taught Nintendo.

Sony products in general are overpriced and this is not the best position to be in when recovering from an economic disaster. They deserve what they get, especially after taking down Sega and almost taking down Nintendo.



 

their laptops are built from carbon fibre and ther LCD screens are more bright and colorful than all the other brands.

all.

same goes for the TV LCD, they are more colorful.



bdbdbd said:
@Galagi: That fits better. I've always considered WSJ a core publication in its trade.

Yes, WSJ clearly has no clue when it comes to financials. I mean, no one is reading that publication. Especially no one who hast stock from Sony.

 



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Jo21 said:
megaman79 said:
Its amazing how quickly things change. Its ironic that hardware pricing taught the same lesson to Sony this time that former gen. taught Nintendo.

Sony products in general are overpriced and this is not the best position to be in when recovering from an economic disaster. They deserve what they get, especially after taking down Sega and almost taking down Nintendo.



 

their laptops are built from carbon fibre and ther LCD screens are more bright and colorful than all the other brands.

all.

same goes for the TV LCD, they are more colorful.

Samsung however is seen by most as the brand with the best VALUE. Price compared to what you get, you know...

 



Any message from Faxanadu is written in good faith but shall neither be binding nor construed as constituting a commitment by Faxanadu except where provided for in a written agreement signed by an authorized representative of Faxanadu. This message is intended for the use of the forum members only.

The views expressed here may be personal and/or offensive and are not necessarily the views of Faxanadu.