For the past week or so, the engaged gaming community has been treated to a parade of fear mongering horror stories in reference to the PlayStation Network. Reports of hundreds of dollars missing from people’s accounts with evidence that amounts to anecdotal. Analyst predicting billions in losses for Sony. I say hog wash, and the only thing that is astounding is how easily people fall for these web traffic tactics.
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
PlayStation 5 has shipped 77.8 million units worldwide, Sony announced in its financial results for the three months ended March 31, 2025.
very nice.
in almost 5 years too.
some big hitters are yet to come
You came too late really. The storm here died this morning but I am still amazed the a non doom and gloom has appeared unlike the fanboy dribble we have seen
Once all this is over with here in a week or so (I'm guessing there, btw), everyone will forget all about this and enjoy the vast variety of exclusives that the PS3 offers. In the end, we'll have a more secure network as well as the best exclusives in the industry. Sony won't let this debacle get them down. They "get knocked down, but they get up again. You're never gonna keep 'em down." haha (great song. Chumbawamba-I Get Knocked Down)
Doom & gloom, web traffic tactics, whatever you want to call it doesn't change the fact that something that should've never happened indeed did. People got pissed & rightfully so.
If you didn't have your CC info on the PSN then it didn't affect you too much.
What do you want people to do bury thier heads in the sand & pretend it didn't happen?
The PSN system down so its doomed articles were hilarious.
The wii was doomed when it was a gimmick. Went on to dominate first place.
The 360 was doomed when the RROD emerged. It went on to nab second place and stay competetive with sony.
The PS3 was doomed when it failed to snag first place in a year...it went on to rebound nicely, just about to nab second place.
The point? Doom articles are everywhere, the doom itself is nowhere.