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Sony’s 2013 Fiscal Year Saw The Gaming Division Drop 94.1% In Profit, There Is No Reason For Alarm

Sony's 2013 fiscal year saw the PlayStation brand have a 94.1% profit drop. Should you be worried? Absolutely not and here's why.

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leviathyn.com
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Majin-vegeta1660d ago

Oh you know people are gonna flip this around into a negative -_-.

ShugaCane1660d ago

I expect the PS4 to have a stellar launch, especially if the price is half (or around half) that of the PS3 when it released. The PS4 reveal was a success, the most talented devs are already working on next-gen games, the PS3 has still some titles that have to potential to be massive sellers, and the PSV is doing better since the price cut. Like the article said, there is no reason to be worried about the PlaySatation brand.

FrigidDARKNESS1660d ago (Edited 1660d ago )

This is serious bad news. Sony is depending on the games division to be there main hub for revenues. Can't believe they said no reason to be alarm. Try telling this to the investment partners and shareholders......try sugar coating this performance.

Ron_Danger1660d ago

This is what it looks like when someone comments on article title alone.

Jdoki1660d ago (Edited 1660d ago )

And yet shares are at a 5 month high...

Yeah, those investors and shareholders are really abandoning ship like CRAZY!! /s

What this is telling us is that Sony's plans to reshape the company are working. They made a tiny profit, that was almost exclusively generated from the sale of buildings they don't need - and yet their share price is going UP. Confidence is rising in Sony.

Axonometri1660d ago (Edited 1660d ago )

Sony is sinking! The PS4 will be a huge failure and be the death of SCE!

Get out from under this burning ship. Give all your shares to me! Before it is too late.