3xg says: "It was no secret that when Sony launched their PS3 it was over priced and lacked features.
The console was ridiculed by the press and gamers alike for good reason and it cost Sony dearly. Fast forward to 2010 and the landscape has completely changed, the original underdog of this generation fast becoming the top dog."
Mass Damage & Consumer Foundation in the Netherlands has filed a class action against Sony for inflating PlayStation Store prices.
My personal opinion:
Manufacturers and publishers have indeed inflated the industry.
From $700 million development costs for games like Call of Duty, to digital (store) prices for games and DLCs, online multiplayer fees on consoles (why can you play Helldivers 2 online for free on PC but not consoles?) or still preventing sell/lend digitally purchased games.
Sometime in the future, this bubble will collapse.
They should know better, but they just can't help themselves and suck even the last penny out of our wallets.
They should be suing the individual publishers increasing the prices to $80 instead of suing the store. There are plenty of publishers still selling game for like $50 with much success (like E33). But this proves that the publishers are the ones setting the prices.... so again nothing changes because they aren't even going after the main offender. How is suing Sony going to make Microsoft not charge $80 for the next COD? Sony being the number one store in the market doesn't mean that publisher have to charge us an arm and a leg. Again the industry is laughing at us because consumers never get real representation. Just these fake platitudes that are meaningless.
About time. There is zero fair reason why digitally distributed products that you cannot recoup any value when you want to dispose of them, should be priced higher than that of physical copies that entail all of the costs and the benefits of owning.
Sony CEO Hiroki Totoki and CFO Lin Tao talked about the state of the PlayStation business and the strategy and targets going forward, including how they're responding to the tariffs.
Sony announced its financial results for the fiscal year 2024, and things are certainly looking up, despite a decline in PS5 sales.
If their profits fall next quarter, we'll probably see more price hikes. I can't imagine having to pay £20 a month for PlayStation Plus.
Decline in hardware sales.
Behind on lifetime sales and decline in first party sales.
Third party content and PSN came through to save the day.
Things will improve starting with the next Ghost game.
Hopefully a steady flow of first party content by end of '25
It's a fine day to be owning a PS3.
Its still a loss making project for Sony. Infact for the last two years the gaming division has been pulling the entire company into losses.
.
matter Sony makes its profits through its games, plus the latest batch of slims that came out sporting smaller chip cells and rsx have the ps3slim going even, so no longer is Sony losing money on ps3s.
This is why they had the shortage earlier this year around the god of war 3 launch, because they wanted this new model out there instead. http://www.techspot.com/new...
Plus with all the exclusives coming out they will make their money back if not more than what they spend making said games.
Another thing to note is, both the new 360 and ps3 slim are at the same price this alone makes the ps3slim (with bluray) more attractive while keeping Sony profitable.
Not to mention that at the same time they still got the ps2 system out there making them profitability as well. Sony only spends about 54 on each ps2 made and they sell them things for double the price of that so...yeah Sony is good my friend.
"The exclusives arent paying off if your going off of sales."
its funny but all Sony has to sell with each of its games is about 2 million and they generate profit suitable enough anything after this point is consider surplus in their check books. besides ps3 games tend to sell in a longer periodic time frame, with the exception of god of war which by the way was the only game in all platforms to break a mill within a weeks time in the month of march.