Nintendo have confirmed in their latest investor’s report that the PlayStation network earned 529 Million Yen in the 2015/2016 Financial year. To tell you how impressive this is, Nintendo as a whole only cleared 504m in revenue.
Impressive, to say the least. Well done, Sony.
That's really not impressive at all. It's psn income right? The thing we are forced to pay for if we want to use multiplayer. Multiplayer which always used to be free until we started getting ripped Off.. No, I think the correct response is shame on anyone who forces people to pay to play online with friends. Greedy....
Wait what? lol @Wellard... seriously? When PSN was free it was way worse than it is today... it went down more often... downloads took longer... and they didn't have the server infrastructure to hold anywhere near as many people as they currently hold on PSN today which is why when a huge online game came out on PSN the servers would shoot to shit. Building a stable working network takes money and if we are going to use a service they provide it isn't greedy to charge for their services so they can expand on them. The correct way of saying this is that you feel entitled to a free network just because it was free on a last generation console. It's still free on the last generation console and you're welcome to take a step down if you don't agree with the way business and growth works. This is very impressive.
Hahaha! that's funny...... Oh wait, you serious! in that case, HAHAHAHAHAAAAAA!
i m completely against paid multiplayer like PS plus (i dont have a plus account) however most of PS games as SPs are fully featured and complete experiences and if you r not so much for multiplayer competition dosnt bother you at all not-having PS plus
i think there's a bug in thread system, if you Upvote or Downvote the Reply button disappears. You have to reload the page. OT: @wellard, i hope your point of view on Online Payment during 360 days were exactly the same.
We also get share play, wellard
You do realize Sony was in bad financial standings? It was a great move on their behalf to earn some revenue.
Ouch. Well Nintendo, you got to..no you NEED to prove yourself with NX. Anyway, amazing job Sony. Keep beasting on.
If you mean that they should start charging for online play then I hope that they don't feel the need to prove themselves.
The point is that a portion of Sony's revenue is over Nintendo's whole revenue. In other words your gripes are found injust in this topic. But hope you grab the scope of the convo now.
No, they should just start making things people want to buy...
Really proves how important it is to have a large install base. That's very impressive.
Agreed. The hardware itself is not really what they wish to make money from, it will be the software and services. You only buy the console once, you'll buy games all year, you'll spend money on PSN with games and other services and clearly many will pay for PSN Plus. If you don't have the software or services, selling the hardware is almost pointless. The goal is always to get the install base to get the games sold, not sell the game to get the console sold. The console is only sold to you once, the games can be bought for years on end.
True but PSN also likely isn't just "PSN" and includes things like Playstation Vue, Playstation Music a.k.a spotify. Fake edit it does - http://gematsu.com/2015/01/... Still impressive nonetheless.
Those are included in "PSN"
Now if they generated all that money, why don't we get a better network? Why is it still a pain to download stuff from the store? I have a symmetric optic fiber connection with 200Mb/200Mb and yet most of the times I can only download at 4~5MB from the ps store, its really frustrating.
Exactly. People all over Sony's own forums are complaining about this and nothing is done. A support engineer admitted over the phone to a customer that they throttle connections both on the console and on PSN. Why? They likely want to claim all that PSN money as profit and not have to reinvest it into the network. Like MS sort of did at first, but that's because they already had great infrastructure. They then went on to invest heavily in Azure which bolstered Live to seemingly unmatchable heights. Seriously, try this at home. Over direct ethernet, my PS4 gets maximum of around 30Mbps (3.75 MB/s) over a 250Mbps connection. My Xbox One and PC, using the same cable and connection, can pull in 160Mbps (20MB/s). Some people who live closer to Sony's datacentres in the US can report higher speeds, but most of us are left eating from a very paltry bandwidth trough.
Funny, my connection speeds are around 50 - 65 mbps and my net work package is nowhere never 250 Mbps.
Agreed I have a similar speed connection and i barely get 1/4 of the speeds when downloading on PS store. PSN however has improved which IS 100% because of the PSN fees, it's now solid but it's not great yet.
odd because I'm on 100mbs and I download at around 20mbs a second except for when I do a network test then it drops till I restart the ps4 otherwise always 20mbs or faster.
I don't want to negate your experience, but... my PSN download speeds are freaking fabulous on my 75Mb up/down. It's on par with Steam downloads for me. I have issues with PSN, but download speeds are not one of them. I do know that in Europe it is a whole other beast, though. They are severely lacking in many regions there.
Wonder if that NX rumor with Nintendo making an app for PS4, XONE and PC is true. The rumor is that the app is a service which you pay per month to play Nintendo games and the NX can stream them. http://www.neogaf.com/forum... http://gamerant.com/nintend... If they are seeking to go into the services game.....good for them. They could have some subscription model like EA is doing for their games.
Now that an interesting rumor, even if its a little unbelievable..
Why? They could increase their potential user base even on inception. Plus they wouldn't have to put all of their eggs into the NX basket. They've made that mistake already with the WiiU and other previous systems that did not pan out.
Is it? EA is doing this. MS and Sony very much understanding that services make more money. This article is about PSN making more money then ALL OF NINTENDO. So I'm pretty sure they are seeking to go where the money is. They don't have to focus on building an install base as EA didn't need to make their own platform to get that service running. They got MS on board, they would be golden if Sony was too though. They could over night grow their install base without actually needing to make the platforms. BAM MILLIONS of consumers OVER NIGHT!
I get what you're saying, but still, I feel its a little unbelievable. I mean unless Sony pay them, I dont see it happening. Still, I hope it true XD
Are they not on mobile right now? Who is to say they stop there? Did it not happen to SEGA? Coming on PS4, XONE, PC is a very realistic possibility considering their situation.
Whoa amazing, good for Sony as they are the only one who release games after games throughout the year and also provide variety, more money for them mean more games for us.
"Nintendo have confirmed in their latest investor’s report that the PlayStation Network earned 529 Million Yen in the 2015/2016 Financial year." What? Why would Nintendo confirm what PSN earned?
Hmm... I sense a partnership coming
Because they are likely showing how profitable a partnership would be with Sony, MS to have an app on their platforms like the rumors have been saying. I've been calling for a long time now that Nintendo might go 3rd party. This app could be like EA service on XONE. Download their titles or stream or stream from NX or something. What if NX is the handheld and if you want to play it on console, you can just get a copy on PS4, PC or XONE?
That's 4.8 million dollars.
There was an issue originally. It's $529,000 Million Yen & $504,000 Million yen
Revenue =/= Profit
yes we know that? Is there a point?
hats =/= socks .......do I win ? I'm guessing we are playing random no point sentences right ?
Very good to see the company on the positive. With PSVR and NEO things are going to be even more interesting this holidays.
But Nintendo still has about $200 billion in the bank, Pools of money
I don't if I must say that Sony is impressive or that Nintendo is disappointing...
Don't hear much about Microsoft these days it's Sony are killing it, Nintendo have been killed/Are doomed?! ;( Microsoft are just in the middle (closer to Wii U tho they aren't that far ahead) just don't hear much these days no sales figures to talk about no games. I hear their press conference has been dated 13th June tho so that should be interesting, Gears Of War 4, Halo Wars 2, A "New" (Nintendo style) Forza 7? Or Horizon 3 I think it would be I've not played them myself since forza2. As you were basically when what would be cool is Banjo Kazooie 3 a proper one no messing about (clearly people want it they funded Yooka Laylee) Goldeneye N64 remastered it's never gonna happen I know but they could afford it they spent a rumoured $50 million just on the GTA4 DLC which then came to PS3 anyway if they can throw money away like that... GOLDENEYE!! Rare used to be one of the best developers around literally top class sure people have moved on but Microsoft really need to utilise them properly. Making classic games, Hence why Rare replay went down a storm, let's have some new classics... And Goldeneye.
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