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

Forums - Sony - Sony losses expected at $1.5 billion

so i guess we can expect
- PS4 that will be only slightly buffed PS3(something like wii),
- pricedrop in 2010?

personally i think they should go handheld-only after ps3 - it would bring them more money and they not only made huge a fanbase with psp, but also if they would persuadne 3rd party publishers to release games from their biggest franchises on it. psp2 would becompetting on par with nintendo handheld. it would be like ps360 VS wii where while ps360(psp2) is for more core gamers wii is for everybody(next nintendo handheld).
i would love to play games like Resident Evil, Virtua Fighter and many other core games on the go.



Around the Network

It's so sad when people wishing Sony to go out of business. Not just Sony, many others too. I hope you kids don't suffer the same fate of all those people who lost their jobs.
It's just video games kids.



Ail said:
So in other words seeing how Toyota just had its first loss in it's 68 years history, are you guys suggesting too that they should stop making cars ?


Maybe a couple of underperforming models and some R&D projects...yeah. That's what  some other car manufacturers are doing. When you bleed money you start to look at closing up the wounds, and those tend to be in the forms of dropping the areas bleeding the worst, or just cutting back and laying people off all across the board.

I don't think anything is happening to the Playstation brand, at least not anytime soon. I do think Sony will try to hit closer to a Nintendo-like business model next generation, which means no more high end experimental setups like the Cell and more buying the best of what's available for cheap and designing something effective with it. That doesn't mean the console can't have nice graphics. Gamecube used this method I believe and was more powerful than the PS2. It's a matter of getting the right engineers doing their best MacGyver impressions.

 



Tag: Became a freaking mod and a complete douche, coincidentally, at the same time.



Great news... Next thing would be shooting down Microsoft. They too need to get more humble. Stringer has already said that PS3 will be more open system than closed one. Power to the users! :)

http://kotaku.com/5248465/ps3-to-become-a-platform-for-web-services-psn-coming-to-other-devices



CGI-Quality said:
As for the doom and gloom folks, do y'all hate Sony THAT much that you would want them, a company who offers so much, to leave the industry?

There is NOTHING I would want more and looks like it is slowly starting to happen, woohoo!

 



Around the Network
disolitude said:
Pristine20 said:

 

1. Dc sealed it's fate because? If even the saturn was losing money even after outperforming nintendo in JP. I think it's safe to say that sega didn't know what it was doing/ wanted to do..

2. What makes you think so? Word goes around that a moneyhat from sony sealed the deal not the CD format. If ninty was the best option, ffvii would have been forced to fit a cartridge like it's previous iterations. You seem really sure that square would have moved to sega when it's possible that ninty let go of the title because they didn't want a bidding war with sony.

3. I'm not praising sony for having deeper pockets. Their corporation is bigger and thats just the way it is. You play a game the way you can win. I really have nothing against M$. As far as I'm concerned, they entered the market the best way they saw fit and tried to win the best way they could but if you ask me, it wasn't the cash that helped them usurp sony this gen. Sony overthrew itself with mismanagement just like sega. Sony is still around because they are bigger...life isn't fair.

Let me use a dating analogy. One guy is really rich and using his money to woo the girls. Another guy isn't as rich. Is it better for the second guy to take the money route to win the girls over or to try a different approach style? If the money-less guy loses the competition, should he sit and cry or find another way to compete? If the poor guy loses out, who should b blamed? Note that the girls in this scenario are analogous to gamers in real life. If you're the type who blames the girls then that means gamers are to be blamed for sega's downfall since they went with the company that bought all the support.

Sega was the relatively broke guy who tried to compete with money while nintendo was the relatively broke guy who took a whole different route. Thats why nintendo is stronger than ever despite the "big bad corporations" looming over it and sega is nowhere to be found.

 

lol...if sega didn't know what they were doing for losing around 1 billion dollars form 1997 to 2001 then sony and microsoft really don't have a clue how to run a business as they each lost much more in much less time.

In any case, sega wasn't trying to compete with money. Sega had amazing firrst party titles that at its prime (late saturn early dreamcast) not even nintendo could match without outside second party help from Rare. Its sony that went around buying 3rd party titles and companies in building its gaming empire. Psygnosis, naughty dog, Guerilla games...I don't know of a single great gaming studio that sony didn't buy with $$$ other than Polyphony digital which was internaly developed. Add the whole idea of selling hardware at a loss that sony introduced...and there you have it. You can't compete unless its with money. They only reason why nintendo stayed afload in late n64 and gamecube days is because of GBA.

Sega never played the money game...but they couldn't compete since the market has shown it can not support 3 major players at the same time and this gen is no different.

Hence why sonic is laughing right now... He gets to put in half assed efforts and sell a lot of games while Sony is throwing everything they got in to their wonder machine and can't compete with a wannabie PC and the waggle. And this time they can't sell hardware at a loss...hahaha...that pretty funny to me too.

Perhaps you didn't understand my analogy. Money lost is relative to the amount the corporation has. If sega has 1 bln and loses 400 mil, they'd be affected more adversely than say sony if it had 14 bln and lost 3 bln. I hope I don't need to explain why.

Sega had amazing first party titles? Well sure... gamers apparently didn't think so or didn't care. Just like the poorer guy in my analogy, he might have had a great personality but apparently the girls didn't care. Can't compete without money eh? Exactly how did ninty compete this gen? So what if sony bought all their studios? They weren't into gaming in the first place and had to start from somewhere. It's not exactly easy to make game devs out of TV engineers.

I won't profess to know what the market can or can't support. What I do know is that sega mismanaged their funds which is why they posted losses. Thats how corporations work the last time I checked. There was no problem with currency conversions or economy that could've taken some of the blame. zthey didn't plan wisely and gamers simply rejected them.

Didn't you buy a ps2 while DC was still around? You bought into sony's lies eh? Perhaps thats why the bitterness is still stored up. PS2 didn't have any games you liked  or the experience would be better if they appeared on DC? It's too bad for sega that most gamers were like you and bought the ps2 instead. Looks like either the moneyhatting worked wonders for sony then or sony's branding still carried it's appeal.

Sonic can laugh all he wants..business is business. I'd be glad if I could actually enjoy a game he's in again personally. hey, sony still sold the hardware at a loss. Thats part of their problem now. Mismanagement was their core issue just like sega, I'd reiterate, not your "wannabe Pc" or "waggle". Most people who reason logically and refuse to be blinded by emotional attachments can easily see this.

Hey, people find different things funny. it's always nice to get a laugh. If this is the kind of thing that amuses you, have fun man!

 

 

 



"Dr. Tenma, according to you, lives are equal. That's why I live today. But you must have realised it by now...the only thing people are equal in is death"---Johann Liebert (MONSTER)

"WAR is a racket. It always has been.

It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives"---Maj. Gen. Smedley Butler

CGI-Quality said:
pristine20 hitting with the logic as usual, +1 man!!!

Well, Sony will be fine, this is a hard lesson to be learned, but one that will be learned and not repeated. As for the doom and gloom folks, do y'all hate Sony THAT much that you would want them, a company who offers so much, to leave the industry? That's rather pathetic...

 

Thanks for the props CGI



"Dr. Tenma, according to you, lives are equal. That's why I live today. But you must have realised it by now...the only thing people are equal in is death"---Johann Liebert (MONSTER)

"WAR is a racket. It always has been.

It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives"---Maj. Gen. Smedley Butler

Would I buy an Apple PlayStation?

I hate Apple, but...



(Former) Lead Moderator and (Eternal) VGC Detective

DirtyP2002 said:

When will the financial report be published?

There were hundreds of PS3-fans that claimed, the PS3 would be profitable today. Well the PSP certainly is, same for the PS2, so if the Playstation segment still reports a loss, the PS3 has no chance to get those losses back.

A $100 price cut is a risky game to play in such a condition.

The very same day as my next program is coming out for public.

(Yes, I am forcing you to click my signature. Buahahhahaa... ^^)



If there is no price cut for PS3 this year. It's /end for PS3. By next year people will not even care that the console in the corner of the shop had a price cut. 360 would outsell PS3 3-4:1 if there is no #ps3 price cut. Trouble is with a hole that big in your pocket, you cant afford to lower the price. hmmmm. Poor times for the Playstation brand.