Is The PlayStation in Crisis?

PS-Analog writes,"To make things clear, I think Sony and PlayStation will be alright but for the first time I am worried about the future of Playstation. When Sony announced that they made a massive loss, in their latest Q3 report, even though the PS3 hardware and software sold massively well. You start to wonder what they have to do to turn things around and how long can they handle these massive losses."

[MultiConsoleGamer]

If you do the math you learn that this company has lost over 10 Billion dollars (US) since 2008. But if there is one guy who can turn things around its Kaz.

During the late 90s there was a time when the PS division was Sony's only profitable division. Concentrate on your strenghts.

[Colwyn]

i played crysis 1 and crysis 2 and ive never seen a playstation in any of them.

[deep_fried_bum_cake]

I can't believe it took me like 30 seconds to get that.

The PlayStation is not in crisis, although the same can't be said about some other Sony divisions.

[Outside_ofthe_Box]

LMAO!!!

The playstation isn't in cr(y)sis. Pun intended LOL!

[ozstar]

Man, you are so obviously a Sony plant.

[Silver_Faux]

Colwyn....you seem afuly suspicious to me. Every article to do with the ps3 or Vita you seem to be one of the first to comment.

So by my deductions your either:

a. A huge Sony fanboy

b. A Sony employee spying on n4g users in a bid to sway our opinions

c. either a guy or a girl im not sure....?

Before anyone grabs me from behind and slits my throat assassins creed style, I am a proud ps3 owner with a + account

Also it took me about 30 seconds to get your comment also,so don't feel bad deep_fried_bum_cake

[DiRtY]

The PS3 did not sell massively well. It was outsold by the Xbox 360 even with a price cut and Sony lowered the projection by 1 million as well.

Wait for the disagrees for stating facts

[SWORDF1SH]

Because it was outsold by the 360 it doesn't mean it didn't sell massively well. Why does everything have to be compared to the 360? It was sonys second best selling year and it wasnt too far behind it best selling year. The quarter just gone was also their best selling quarter for software.

Also lets not forget the huge sales that the 360 had on black friday in the US to reach the levels it did.

[RedDead]

PS2 compared to PS3. I agree PlayStation isn't in Crisis Though. 14 million is selling well

[tehpees3]

Funnily enough the system in last place often has the best quality games available like N64 did and PS3 does this gen. It makes them stronger to get a foothold in the market. Thats why it happens.

[fluffydelusions]

Best selling in ONE region?

[Frankfurt]

the 360 was the number console worldwide in 2011. come back to the real world, as that old N4G excuse (but the PS3 sells better worldwide) is no longer true. there's been 3 different pieces of news posted here with the worldwide data.

[DigitalRaptor]

@ Frankfurt

As far as I'm aware, the PS3 has outsold the 360 worldwide every single year since it came out. That is why the overall unit sales gap has diminished quite substantially over the years. Not quite sure about 2011, but you could be right. The overwhelming reason however, would be Kinect.

[CarlitoBrigante]

14.1 million is not selling massively well? Boy you must be on crack.

The only reason 360 outsold PS3 is because it overshipped in America in anticipation of great december numbers, they sould 1.7 mil 360 while they were expecting 3 million.

Not in a million years will 360 ever outsell the PS3, it never happened since 2007.

[thedude44]

Is The PlayStation in Crisis?

Nope, but this article is.

[SWORDF1SH]

nice one

[CarlitoBrigante]

Boy have I missed the Sony teh doomz articles, they slowly but surely start to come back now with a new Sony hardware release: Vita.

Expecting all type of negative articles about Vita the next few months on how Sony should leave earth and sell their product to the aliens because not selling well here.

[hiredhelp]

I agree they may lost money but so do all major company's just luckly sony have more than one line of buisness.
Are they in crysis no, do they need to look for ways to make up for loss sure, Look if they that n the shit the vita wouldnt been launched the playstation 4 is in the works, next model telly's are still being made its just buisness.
Sony knows buisness thoe they do need to kick there marketers up the ass get them to do there jobs better.

[Edward75]

I don't think they are in crisis mode yet, but you saying Sony knows business is so far from the truth. They are out of touch business wise. You don't lose money as a company year after year (look at the last 10 years). I believe they, as a company, lost money 9 out of 10 years. I always say, GREAT products, horrible company. (saying nothing against the systems I love, JUST how the company is ran)

[hiredhelp]

Has sony really lost money year after year thoe i mean really..
Wevcan only go by what we read theres no reaf videos of any sony spokesmen saying this.
Way i seen it what sony may loose in one aera make up on another im 33 sony has always been a brand ive grown up with still going.
If thats a company doesnt know buisness then nobody does.
TV's Hifi' portable mp3 players' gaming devices/ now for the big one sony motion movies.. Thats just top my head.

[Edward75]

Yes they have lost money over that period of time. The easiest way is to just look at the stock market as an indication. Yes , for the last maybe 4 years they have been reporting losses publicly. And no Sony is not making up for lost money by the other divisions. I would like to think they would, but that just isn't true. Plus there is a reason why the head guys in the company are getting shuffled around or replaced. It's just a series of bad decisions, with an occasional good one. Even if the game division is doing well, on a whole as "Sony" goes it is bad. I would like if anyone can post otherwise I would love to see it.

[Ace_Man_6]

Simple: No

[Knight_Cid]

nothing to worry about

[Deadpool616]

Here's a tip on how you can save some money. Stop making stupid reality show advertisements like "The Testers". >:\

[Moncole]

I watched a little of one episode and couldn't stand it. The people on the show are very annoying

[Deadpool616]

Yep, I agree.

[Dogswithguns]

Crysis 1 and 2 both sux..

[ExCest]

Completely irrelephant.

[murkster-dubez]

Lets not forget the numerous people who bought more than one xbox due to RROD (Me being one of them)

[Nykamari]

Quiet there fella, they don't remember that crysis. It got swept under the rug with the warranty MSoft gave out. Just like Bush's world wide screw up that's Obama's fault.

[josephayal]

The Sony Playstation 3 is one of the most popular games consoles on the market,
Sony is strong company,just imagine how much ps2 systems they sold 150 million, and the PS-VITA is going to sell at least 100 Million units globally over the next years.

[Virtual_Reality]

A word like Crisis, do you even know what means the word crisis for a company?

[ExCest]

The writer is trying to change the definition of crisis from crisis to doing well.

[bahabeast]

if ps3 was in soo much problems why are they releasing new hardware?? there is no shortage of money

[ChiVoLok0]

Maybe there isn't but since the PS3 and PSP are getting old they need to toss in some new stuff so that they can keep the demand for their products up.

[ZippyZapper]

Playstation isn't but Sony may be.

[stephmhishot]

Are the losses that are being referred to here solely on the Playstation side of the Sony family tree? From what I understand nothing is going well for the company, TVs, tablets, mp3 players, phones. I'd say that the Playstation side of things are under no more crisis than the HDTV side. Kaz has a lot of work to do, but I think he has the right ideas to turn the company around.

[Mikhail]

The author must put more concern in the EU. Because if that goes down, japanese companies like sony would be in BIG trouble. and so is other companies. Hope members from Europe are doing well.

If sony would be put into the brink of financial collapse, I am sure the Japanese government would help them out. They did it before to other companies, they will do it. again.

[byrnezy]

Another fail article, N4G full of them these days

[TheUnbiasedLion]

They just need to re-arrange some division.
Sony need mid-priced tv instead of going more upper end.
I think they should just abandon the mp3 player Market.
Sony pictures and music will be fine.
As for playstation I think Kaz knows how to treat playstation right and continue to make it grow.

[portal_2]

I'm probably going to take some heat for this, but the US and UK need to wake up and smell the coffee, pull their fingers out of their noses and buy some PS's.

[KMCROC54]

DEFINE CRISIS.
Cause last i read all other division of sony are sucking ass, the only division making money is PS gaming division.

[DFresh]

Another stupid doom and gloom article.
How expected on N4G.
For all of the smart people those losses reflect Sony as a whole firm and not just one part like Playstation, BRAVIA, Cameras, etc.
Just saying people.