A quick estimate of Sony's losses will amount to US$ 560 million, out of its expected US$ 1.1 billion profits in half this year. That's US$ 340 million for a global recall of some 10 million lithium ion notebook PC batteries and US$ 220 million worth of price slash for the PS3. Unfortunately, the figure could rise further if the PC vendors or consumers take legal action against Sony. So put two and two together, and we're watching 560 million of 'em greenbacks slowly burn to ashes...
As of right now, there are no monopolies in the games industry, and for the sake of the medium as a whole, they never should either.
And yet the biggest tech companies in America are essentially that. They buy up all the small comps only to kill them off and steal what they have, and if they can't buy em they bleed them to death.
They buy IPs not talent. That's why these buyouts never work and the IPs die. Right now it's too expensive to develop games - but I expect that to shift maybe as AI tools can make it easier. The best games have been indie games for awhile as big developers fuck their ips to death with "games as a service" -
Gary Green said: We have a juxtaposition of 2D and 3D visuals, flashy turn-based combat, quirky anime characters with cheeky dialogue with plenty of partial nudity; Yes, this is a Compile Heart JRPG. Whilst the engine is borrowed from Hyperdimension Neptunia mk2, Mugen Souls is more of a Disgaea spin-off. It’s not a strategy RPG as such, it merely sits within Disgaea’s ever-expanding universe (Multiverse? Netherverse? Your guess is as good as mine). You won’t find cameos though, since Mugen Souls is a franchise which aims to stand on its own two feet.
Huzaifa from eXputer: "2008 was home to the likes of Call of Duty: World at War, Dead Space, GTA 4, Far Cry 2, Left 4 Dead, and many other hits, which is outright remarkable."
Just about every year in the 7th generation was great and something we most likely won't experience again.
2009 for example had Assassin's Creed 2, Batman: Arkham Asylum, Dragon Age: Origins, Uncharted 2, Halo 3: ODST, Killzone 2, Borderlands, Bayonetta, and Demon's Souls to name a few.
Unfortunately for Sony, this is really only going to get worse. This article failed to mention the biggest addition to the battery problem:
"Ars Technica reports that Sony is issuing a "worldwide recall of all of all Sony-manufactured lithium-ion batteries used in notebook computers." About time. This comes on the heels of Lenovo announcing a ThinkPad battery recall. Forbes reports Sony is working with the U.S. Consumer Products Safety Commission "on a worldwide recall program for certain battery models [that] may involve additional recalls.""
This means that _every_ Sony laptop battery, in addition to possible other battery models. Forbes hass estimated this is going to cost Sony well into the billions.
Also, while it isn't clear in this article, the estimate of a $220 million loss on PS3s is JUST from additional price cuts..."But in the meantime, Goldman Sachs projects, Sony will lose nearly $2 billion on the PS3 by the end of this fiscal year in March."
With all of this put together Sony is looking at a $3-$4 billion dollar loss, with $6 billion in the bank and profits of $1million. Sony is also banking the company on the PS3. ( http://www.wired.com/wired/...
If there are additional manufacturing delays or sales aren't what they are predicting, this is a company that could be in serious dire straights.
Note for fanboys: I am NOT talking about the quality of the PS3 AT ALL. This is solely about money loss from exploding batteries and PS3 losses.
agreed, great points made!!
what a LOT of people DON'T realise is that sony are NO longer the no.1 electronics company in japan!!!
for the last 3 years or so, SHARP has emerged as japan's TOP DOG. because of this sony have literally had to beg SAMSUNG (if you check out japan's war history with korea you'll know what i mean), a korean company, to bail them out with plasma screen technology, which is hillarious to me, as japan practically scorns (looks down on) korea! heheh
now they have to eat their own sh*T to survive in their own backyard!!!
culminating with the laptop battery fiasco, sony's WHOLE image is now quickly becoming what Goodmans is........sh*t!!!
but i knew sony were frauds from WAY back with the ps1+2.
crap disk drives that blow after a few plays, suggest to me that either the company who made them were dumb(didn't know what they were doing) or smart (realising that if the disk drive breaks, chances are your gonna have to buy another).
I go with the latter, and that's why i dislike sony!!!
never try to PIMP a PIMP!!!!!
Sony used to mean quality, but this battery fiasco is just awful...and what's worse, it's long and drawn out. Sony should have recalled themselves, as it is they're letting their names get further sullied every three-four with a new recall notice.
Whow whow whow again!
I knew Sony was doing bad, but this is even worse then I expected... Buy a PS3, because it might get worth money to sell it to a museum soon!
Serves them right. F*** Sony. thats what happends in the end when you cut corner. It all comes back to you. Im not just talking about the batteries but everything Sony has