TOKYO - Japanese electronics and entertainment company Sony Corp. reports its fiscal fourth quarter and full year earnings on Thursday. The following is a summary of key developments and analyst opinion related to the period.
lol the ps3 sales still going down damn wtf man i thought their were 120 million people waiting to buy a ps3.
Considering this is the first time the company has not made a profit in 14 years and they are only 1.5 billion in the tank. I think you should shove your fist up your own arse. I know 1.5 billion sounds like a lot of money but to a company that makes 200 billion in revenue every year it is hardly a mountain that cannot be climbed. You do realize that Sony does more than sell video games right?
Sony practically invented gaming the way it is on the 360, microsoft made a good online service and attached it. They also charged for it and stopped making games. Yet you are happy they are posting a loss? When Nintendo are making so much money from a machine which doesn't come close to either machine? It is like you guys are supporting football teams, except there are no matches to watch, and Sony is the only one making games. Nintendo doesn't even have to play they just advertise a lot(yes,more than microsoft, I see a wii or ds ad every break) and win.
that doesnt mean nothing im stille proud of buying my ps3 since day one and i dont have search for good game cause they are all perfect.highest seller is not the best console
That's a lot of love and credit you are throwing Sony's way.....
They changed the face of gaming forever. Nintendo brought it to the worlds living rooms, Sony made it mainstream, and MS added online. They all deserve credit for what they have done to the industry we love so much.
So do you really think that if Sony never entered into the picture..that gaming would not be mainstream? I would like to believe that a lot of this stuff is natural progression...and the fore runners receive a lot of the credit....that is what I was trying to get at with heroicjanitor. The Atari, Nintendo Kids, and other earlier gamers have grown up...and in doing so, have brought fans along with them. So while Sony has its position in gaming history...lets not try and go overboard with credit toward them.
The thing is that this is not just natural progression. I do see what your saying, but the same could be said for Nintendo and MS. I happen to think that things would be very different if it wasn't for Sony and MS entering the market. The concept of natural progression is too simple. It obviously has a part, but it is not the whole picture. Sony and MS brought with them experience that neither Sega or Nintendo had, and that's experience in other industries. Sony and MS were able to take what they did best and adapt them to the game industry. They are still doing it today. Sony and MS are able to tap resources that Nintendo and Sega didn't and still don't have. That means a lot when it come to R&D.
than you must be a new born gamers than u did not game before @ps3fanbaby than by that logic the ps2 is not a great console?
"So do you really think that if Sony never entered into the picture..that gaming would not be mainstream? " no body is saying it would never happen. but don't forget that Sony has more game studios then Nintendo and Microsoft combined. they bring the games to the table. we gamer (or as people say ps3 fanboys) love Sony for the games they give us. i cant see myself without gow, grad turismo, warhawk, uncharted, ratchet, jak and daxter, the list can go on... i know ratchet is insomniac but they equal sony in my book lol im not saying microsoft is not bringing games they gave us gears... wait that was epic. ok halo. and more halo but i know 10 million people say its DA bees Knees! even tho i disagree.
"lol the ps3 sales still going down damn wtf man i thought their were 120 million people waiting to buy a ps3." ok its clear that you made your account with trolling in mind. but let me ask you something.. do you really think the ps3 will fail? its doing just fine by the way and as blu-ray becomes mainstream the ps3 will take off.
And for each game you named...I bet we could find titles that preceded it. So to a degree, such games already existed....Sony just improved on them...that is what evolutions is. This has nothing to do with how many studios has....its about acknowledging...that if not Sony, it would have been somebody else. It's a bit much to credit Sony for making video games mainstream.....especially when we had the pacman craze. PS. I actually think that bluray taking off could go either way regarding helping the ps3.
Well since the PS3 is still very expensive and isn't backwards compatible anymore, those 120M people are still waiting for Sony to get their sh!t together.
Microsoft still paying off... xbox 1 failure RROD warranties E47 warranties Too Human haha. Microsoft still paying off debt. No wonder they can't afford any new games for the 360... And ya worried about Sony??
I'd say they're about even right now.
Why would you wish a downfall of an Empire? Makes no sense.
When that empire is Sony it make a lot of sense. During the PS2 era, SCE was pretty much a d!ck. It feels good to see that they're getting their @ss handled this gen.
And yet Microsoft has been a d!ck since the mid 80s... hate to see them get taken down a peg...
Yeah they(Sony) were "d!cks" by giving us best line up(PS2) ever, how dare they!!!
its good to see that sony is being forced to innovate and try new things thanks to microsoft... but job cuts and losses are not the way it should happen
Yeah screw Sony! Two generations back to back providing the best game libraries ever, how dare they?! No matter how you feel about the PS3, Sony leaving the gaming industry would be a colossal blow to gaming in general. Unfortunately some of you knuckledraggers are too wrapped up in this idiotic 'console war' to see that.
While you are wishing for the downfall of Sony you may want to stop and Realize that John Legend, yeah the guy in your avatar, is published and distributed by Columbia whose Parent company is Sony Music Entertainment. Stupid ass. Further more the loss that Sony is about to post has more to do with the change in exchange rates (Yen getting stronger) than it dose with the Playstation division. We will get an in depth look on Thursday.
Fox, you could say the same thing about another certain company could you? Why am I not surprised that people are running around on this thread screaming doom for the PS3 already? There is a recession going on. Sony's not the only company reporting losses and laying off workers. Some of you need to grow up and face the real world. This isn't always about the f*cking videogames.
Sony is going to start relying more on the PS3 and the PSN. Stringer sees a lot of potential in these two products and wants to see them both grow. Sorry haters, The PlayStation is here to stay.
Microsoft's megaton E3 announcement: Metal Gear Solid O makes its way to the 360.
I wasn't aware Twitter was a reliable source for gaming announcements.
tell me about it, if you think twitter was true you deserve to be castrated with a rusty spoon
I think they'll announce a redesign of their hardware and new entertainment features, plus off course, great software titles (superior multi-plats/XBL compatible and kick @ss/popular exclusives). In other word, Sony's pretty much phucked (unless they announce a price cut and they start doing some marketing... we all know that ain't happening).
They're desperate, they'll believe anything... :D But you can count on Splinter Cell Conviction going multiplatform after their timed exclusivity expires, cause nothing stays exclusive on their system.
If you remember last year, twitter had the first scoop on XBL Avatars.
lol. timed exclusive like all 360 games?
timed exclusive like all 360 games waiting for that Lost Planet 2 PS3 announcement at e3. Should compensate...
oh no the PS3 is teh doomed? if people haven't notice the entire world is in the crapper. MS isn't doing much better than sony. honestly for the people that care about his kidna crap i feel sorry for you cause you entered gaming for the game and just to have fun and now you've become a crazy out video game junkie/fanboy
Sony games division has lost money for the last 3 years, thanks to the ps3's blu ray player
And people are expecting them to drop the price of their console, or even market their games. They just can't.
Yet they own the biggest 1st party gaming studios & keep rolling out AAA exclusives every year from their own studios... :D
Disagree ? hopeless...
Stop trying to take attention away from the fact that sony's game division is in BAD shape. And it would help sony, if ps3 owners actually supported their games. kz2, r2 etc lol
Mooks, this article is not really about the PS3, its more about their TV's etc. Oh a fact for you: Did you know Microsoft's Xbox gaming division is still not out of the red yet, even though the 360 is making a small profit? http://uk.gamespot.com/news... http://boycottnovell.com/20...
As i understand it, the PS3 still isn't profitable. It still loses around £19/$26 So obviously, a price cut is out of the question. But an all round loss isn't good. 1.5Bn... ouch! hopefully the economy will pick up next year and we might see the PS3 make some money then. But isn't 2010 the year of the XBOX 720?
I hope not!!! They better take their time on the next system design wise. The rate of failure with the 360 was unacceptable I though. Hopefully in 2011.
The PS3 didn't lose Sony 1.5bil. It was things like selling their televisions for a loss in a weak economy.
Sony announced a while back that the PS3 lost them $3 billion and have lost more money on the PS3 than they gained in the booming years of the PS2. This was back in like... the beginning of 2008 or something.
didn't ms have to sack a sh!tload of their own staff? what was it? 15,000? i don't see sony doing any job cuts. besides alot of businesses are in the sh!ts recently aren't we kinda like in a recession or something? -_-'
They consolidated a number of divisions and closed some thing like 7 of their plants. They had to cut 16,000 jobs, 8,000 full-time, and 8,000 temporary. http://www.gamespot.com/new...
sorry my mistake didn't know they did that. looks like everyones cutting jobs left, right and centre.
Christ, the fanboys are out in droves today, huh? Yeah, a GLOBAL economic recession doesn't mean anything. Or something. I dunno, I've given up trying to figure out how the fanboy mind thinks. All I know is that it lacks the concept of Logic.
It goes like this: Eat, sleep, wake, mash buttons and try to sound like you know what you're talking about, repeat.
1 of you said, MS only cut jobs. Thats a small way to save money, Sony has slowed down production across all fields, theyve even sold out on their TV's. Samsung used to make the screens for sony tv's thats no longer the case. Bush and some other trash company make them now. So you have no idea what youre talking about... Lastly all gamers should be worried, with money becoming worthless many games companies are going bust or are holding out on spending any money on new projects!!! you fanboys need to look at the bigger picture. whats a games console without any good games?? this is not the worst of the recession. both sony and MS have made losses for the first time in their histories
While I do agree that fanboys suck, Sony is not changing who makes there TVs. Samsung and Sony still share manufacturing plants. Sony's two domestic TV plants are located in Aichi, central Japan, and the company is looking at integrating TV assembly and parts production into one of the factories and using the other for distribution and other purposes, spokeswoman Mami Imada said. They closed down there US plant, and still have plants in Europe.
people are pooping themselves as usually.
Welcome back to this great site.
if you didnt know
$ony's game division has lost money every year, for the past 3 years, thanks to the ps3 blu ray player. ALL of $ony's problems are a result of blu ray
Random question: Do you know how to get to the Open Zone from here?
Wow, that's the biggest load of bull I've seen in a long while. Sorry, but they only lost money their first year and have posted a profit ever since for their gaming department. P.S. Blu-ray movie profits are not included in the gaming department except for video games, which is where Sony is making a ton of money at this time.
Ultimolu, Morganfail, Pirate Thom, Sack Boi, Pennywise, Sony Rep... have always posted in the Gamer Zone. So what's your problem?
Someone is jealous because of the Blu-ray success.
Fox01: What makes you think I don't have a problem with their attitude, either?
actually i dont mind sony rep... the guy is unintentionally funny at times...
When you read the analysts take and preview of their earnings they expect Blu-Ray and stand alone Blu-Ray players to be not only one of Sony's highlights - but one of their biggest assets moving out of this recession. The strong yen is their biggest problem right now, and there's nothing they can do about that.
...What? ... ... ... ... You have got to be the saddest, misinformed person I have ever seen on the internet. *shakes head*
The problem here at n4g is that people take idiots seriously. If this guy seriously thinks that "bluray is teh doom 4 sony" then sucks to be him but Bob Dole finds it hilarious that he can be that dumb and still type coherent sentences.
are you now gonna rite a blog about sony losing money aswell??? thought not, news like that is far to painful for you and the other fanboys isn't it!
Nah King, I'm sure he is already half way thru his 500 page essay on why this isn't Sony's fault. He only writes his tripe when it comes to the Xbox 360.
Majority of you are so wrapped up in this 360 vs. PS3 Bullsheit is ridiculous!! People are loosing jobs, homes, 401k's and more. Not only that, mofo's are committing suicide and taking their families with them. kalistyles, I agree with you. Why would people want empires to fall? If it companies like banks, insurance agencies & greedy lawfirms who bloodsuck off the people that's fine. No company is safe in this economy we have today. I agree with r1sh12 comment. Game companies are closing at a steady pace. Get your heads out of your azzes and look at the big picture. I wish nothing for the best for MS & Sony.
Totally get where you're coming from and agree with you at heart. But, heck, sometimes these big companies do make it hard to feel sympathetic for them, just like many of the banks that went out of business earlier this year and last year.
Ghost People loosing jobs is never a good thing. At least Sony is being responsible about it "The Nikkei also said Sony plans to slash executive and managerial-level bonuses to cut costs." Unlike some other major corporations that have been in the new as of late.
the fact that if sony get loss it will effect the whole industry. So even if you fan boy or not you should be concern about the industry as a whole. because if one is down the rest will join.(not necessarily in profit but in quality)
Most companies are making a loss at the minute, even Microsoft's gaming division http://boycottnovell.com/20...