Sony is emerging as the leader in TV game consoles with its new PlayStation 4. The big question is whether the victory will prove Pyrrhic for a company that has already been losing ground in its traditional electronics business.
"Sony may be winning in a shrinking market. Video game software sales have been on the decline since 2009" Both MS and Sony are shattering sales records, and we are still talking about console decline... SMH
dont worry, he's getting a lot of slack at the comments section of that site... Bloomberg...LMAOOOO
Well, hang on a second. The dedicated gaming device market DOES seem to be shrinking: PS Vita --> Selling much less than PSP 3DS --> Selling less than DS Wii-U --> Selling much less than Wii Now, people might point out "but Dedicated, Xbox One and PS4 are breaking all sorts of records!" Yeah, they are, but their sales have dropped down significantly. Xbox One is selling a fraction of what they sold during Nov/Dec. PS4 is the only console still going strong after launch, it seems. I would argue that we need to wait and see at least another 18 months, but at the current pace, the console market IS shrinking. Xbox One might be selling more than 360, but that's a dumb comparison, because 360 didn't come roaring out of the gate off the Xbox's reputation.
Of course dedicated handhelds are selling less, lol there is a massive mobile market now. The 3ds is by no means going to die. The PSP was an anomaly, no one else has been able to touch Nintendo in the handheld market ever.
This is called spin a win! The better you make ps4 look bad the more money you make. Ok im in! Where do I sign up? Lol!
You strayed off topic there 'dedicated'. Its a story about PS4. You trying to be clever here and turning it into an Xbox attack.... Bloomberg should not even cover videogames either....
Looks like someone at bloomber wasn't so happy about that other article and decided to fight back somehow... http://www.bloombergview.co... It's war at Bloomberg between these two dudes lol
Damn! If it's a loss for Sony, then Microsoft must be dead in the water!
i hate it when these articles appear and set both consoles aflame. yes its true, the xbox got off to a bad start, and there are suits up there that want to get rid of it. but as soon as they turn things around, it should be smooth sailing for microsoft again. they have ips that are guarranteed multimillion sellers and a high financial Backing. Sony right now is off to pretty much the greatest start they've ever have, they have a system that is over taking the PS2 in sales at the beginning of its lifespan, and the company itself seems to be making changes for the good of the company. Both sides wont go anywhere this gen. To say consoles are on its last legs is just pretty dumb by looking at these sales figures. this is just more plain idiocy by so called anaylists who have never even touched a videogame in their lives...
It is a Funny way to try and spin something while the facts show that consoles are more popular than ever before.
WTF is this guy talking about not only is PS4 looking to be the fastest selling console but the great games arent even out yet. E3 this year will be show off many great titles in the works and I'm sure whatever Naughty Dog has in the works will only sky rocket sales.
It's so annoying that these 'business minded' folks try to talk on a subject they no nothing about. Software sales typically decline at the end of the generation as people start fatiguing . The consoles has been out for 7-8 years and folks were gearing up for next gen. The same with hardware sales. Why would you expect the old consoles to sell steadily, when the new ones are now available. Just like last gen, things will ramp up over the years as prices drop, new titles come out and developers start getting a feel for the new systems.
Exactly. They never pay mind to gamer's fatigue and price drops as well as adoption rates increasing thus increasing the amount of developers making games thus making more people buying consoles to buy those next gen game and thus the cycle restarts.
It's clear that he doesn't truly understand the nature of the business that he is talking about. Sure, in general, he gets the industry. However, it's the fine points that he misses. These are the points that kind of matter and separate the games industry from many others. His point about devs not wanting to take risks is true. But, he misses the point that the "leading" console is the one that devs will flock to so that they can remain profitable. Although gamers are a hybrid community, the mobile crowd is not really the target for these consoles. Sure, it would be great but they aren't the primary demographic for the home console. It is targeting the 150 million plus that have taken the leap on the prior generation. Also, as you stated, he is clearly missing the idea that price drops, improved development, new IP, and time to build brand recognition are typically what drive console and software sales. Plus he missed the fact that, unlike last gen, Sony didn't break the bank to create this new console which should lead to more profit per unit.
In my opinion last generations sales numbers are an outlier. My mother bought a Wii, my grandmother bought a Wii, my mother-in-law bought a Wii, just about everyone I know that is not a "gamer" bought a Wii. I'd be surprised if they bought more than two or three games in the entire generation, which does nothing for the gaming market, but they sure did inflate the size of the console install base. The market isn't shrinking, it's just that less "non-gamers" are wasting their money on a console they're not going to use.
Got to publish that negative Sony spin on Titanfall day, right?
This is marketing/ reverse psychology 101! Make the product that is actually doing better, look like it's performing on the same level as the product that's performing worse! Thereby with some clever wordplay actually make the worse performing product seem like it's the better product.
This is more of a negative spin on Console games as a whole.
most hilarious article I've read on N4G
Sony is doing well!!!... and that bad sign What!!!!??!?!!
So...if a win is still a loss does that mean I can never win? If I lose do I win? Is second place really third place? O.o
Sure and I'm made out of chocolate *rolls eyes*.
Choco-geta??? Seems like bitter candy...
Ahem! Oooooohhh-Majiiiin Buuuuuu!
And meanwhile the Wii U is the biggest success story ever and will lead to world domination for Nintendo..
So much spin. Time to break out the Gravol. lol
LOL all this spin is making me dizzy.
http://youtu.be/Y0zl2B-3K4Y OT: Lol that spinnig.Sony is breaking records left and right.I dont know how that is a loss.
damn wish i could sell 6 million items at the price of $400 and people say I'm taking a lost....
If winning counts as losing someone better tell Charlie Sheen that than. http://mindmapsa.files.word...
Seems like people focus on the negatives more than the positives. Humans are constantly declining in IQ.
Rubbish article. 'scoffs'
WTF are they winning?
They won the hearts of millions of videogamefans ;). http://youtu.be/2Ht-0Hne4EU
They're in the current lead for most consoles sold this generation, never mind being the fastest selling ever. They can't keep up with the demand. Have you been in a cave since November, or are you that oblivious?
I just wanted to read what your response was going to be...thanks captain obvious, but you did miss one key ingredient to their success...fanboys. God I love the ps boys, so predictable.
Fanboys? lol how's that trolling working out for you? You ask a stupid question, I give you an "obvious" answer, but you pull the fanboy card. Whatever you say.
Some of the articles on this site should never make it but somehow they do.
Is this real life?
I got a big LOL out of this. Bloomberg knows nothing about videogames.
The playstation division has lost money 8 years in a row now and with the PS4 losing $60 a console i dont see that changing
BS article. Being leader doesn't constitute a win.
This is stupid. With the exception of the Wii U, no console is doing bad and there is not decline. If anything, the record breaking sales for both are a sign of an incline in the living room entertainment market.
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