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^ So you quote it?
yea just so the page hopefully will advance and don't have to hear it as soon as you open the thread
You don't have to quote it though. Now we have 2 of them.
The Old PlayStation Thread | *NEW THREAD IS UP*
- Thread in 'General' Thread starter Started by iheartboost,
- Start date
You don't have to quote it though. Now we have 2 of them.
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Is anyone having problems trying to connect to the playstation app on their phone right now?
Ricky D
formerly centex hogg
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No, works fine for me.
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SONY FINANCIALS REVEAL HUGE LOSS, WITH MORE EXPECTED
282 Games Division sees an operating loss due to PS4 launch and MMO shuttering.
BY LUKE KARMALI
Sony has posted its financial results for the fiscal year ending March 31, 2014, revealing a billion-dollar overall loss despite rising sales.
The company announced an overall loss of $1.29 billion, despite sales rising 14.3 percent to $75.4 billion. The reasons for this, as we've heard before, include aggressive restructuring with the PC business being sold off and the TV business getting spun out. Despite Sony offices around the world being sold, along with shares in companies like Square Enix, the Japanese giant has been unable to mitigate the losses.
We know Sony's PS4 is doing well, to the tune of 7 million consoles sold at the last count, but today's results didn't offer any more insight. The company bundles figures for hardware sales together, so all we know is that 14.6 million PS3 and PS4s were sold in the last year. The year before saw PlayStation consoles hit sales of 16.5 million, though that included the PlayStation 2 as well.
Broken down on a quarterly basis, it's clear adding the PS4 to its stable has served Sony well. In Q3, sales of PS3/PS4 rose to 7.8 million compared with 6.8 million the year before, which included PS2 figures. In Q4 we saw 3.7 million pieces of hardware sold, up slightly from last year's 3.4 million.
The Games Segment saw sales rise 38.5 percent, though an operating loss of $78 million was posted, partially due to the huge cost of launching the PlayStation 4, though the decision to shutter certain Sony Online Entertainment MMOs also played a big part. Sony expects home console sales to continue going strong in the year ahead, hitting 17 million for the PS3 and PS4 combined. The Vita, Vita TV and PSP aren't looking so positive however, with sales falling from 7 million 12 months ago to 4.1 million this year, and a prediction of 3.5 million being made for the year ahead.
Though the bulk of the restructuring took place in the previous year, there's still some scheduled for the next 12 months, meaning the company is expecting another big loss of $487 million, though the Games Division is hoping for a comparatively small profit. After that, however, it should be complete, placing the company in a stronger position from which to hunt for profit.
282 Games Division sees an operating loss due to PS4 launch and MMO shuttering.
BY LUKE KARMALI
Sony has posted its financial results for the fiscal year ending March 31, 2014, revealing a billion-dollar overall loss despite rising sales.
The company announced an overall loss of $1.29 billion, despite sales rising 14.3 percent to $75.4 billion. The reasons for this, as we've heard before, include aggressive restructuring with the PC business being sold off and the TV business getting spun out. Despite Sony offices around the world being sold, along with shares in companies like Square Enix, the Japanese giant has been unable to mitigate the losses.
We know Sony's PS4 is doing well, to the tune of 7 million consoles sold at the last count, but today's results didn't offer any more insight. The company bundles figures for hardware sales together, so all we know is that 14.6 million PS3 and PS4s were sold in the last year. The year before saw PlayStation consoles hit sales of 16.5 million, though that included the PlayStation 2 as well.
Broken down on a quarterly basis, it's clear adding the PS4 to its stable has served Sony well. In Q3, sales of PS3/PS4 rose to 7.8 million compared with 6.8 million the year before, which included PS2 figures. In Q4 we saw 3.7 million pieces of hardware sold, up slightly from last year's 3.4 million.
The Games Segment saw sales rise 38.5 percent, though an operating loss of $78 million was posted, partially due to the huge cost of launching the PlayStation 4, though the decision to shutter certain Sony Online Entertainment MMOs also played a big part. Sony expects home console sales to continue going strong in the year ahead, hitting 17 million for the PS3 and PS4 combined. The Vita, Vita TV and PSP aren't looking so positive however, with sales falling from 7 million 12 months ago to 4.1 million this year, and a prediction of 3.5 million being made for the year ahead.
Though the bulk of the restructuring took place in the previous year, there's still some scheduled for the next 12 months, meaning the company is expecting another big loss of $487 million, though the Games Division is hoping for a comparatively small profit. After that, however, it should be complete, placing the company in a stronger position from which to hunt for profit.
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Dont all companies lose money releasing a console? I thought they make it back thru video game sales.
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Lol now it works...before,,it was telling me that the servers were down.
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logged in just fine.
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A loss for a couple of years is typically normal when it comes to projects like this. Positive cash flows typically start late 2nd to 3rd year.
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nintendo isnt anymore.....................
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Does that Sony loss includes Xperia, TV and other media, computer hardware, Sony Pictures, etc?
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Who knows.
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That is Sony as a whole; all divisions.
They have been doing poorly for a few years now. Last quarter they saw a small profit, but with Vaio and 4K doing poorly, it is killing them.
The video game segment is doing well, but I believe it only makes up like 6% of their overall company, so it isnt able to pull them out of the red.
If Playstation was it's own division, it'd be making money.
Nintendo lost money in the third quarter (12-15 million I think) but have pretty deep pockets so it isn't hurting them.
Edit: Wrong about Nintendo. They had a 15 million operation loss, but overall net income was positive.
They have been doing poorly for a few years now. Last quarter they saw a small profit, but with Vaio and 4K doing poorly, it is killing them.
The video game segment is doing well, but I believe it only makes up like 6% of their overall company, so it isnt able to pull them out of the red.
If Playstation was it's own division, it'd be making money.
Nintendo lost money in the third quarter (12-15 million I think) but have pretty deep pockets so it isn't hurting them.
Edit: Wrong about Nintendo. They had a 15 million operation loss, but overall net income was positive.
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Never forget - "Nintendo has enough cash to lose $250 M a year till 2052 and not go broke"
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Well when you use the same 4 characters in every game you make, you tend to save alot in development costs.
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well maybe if sony characters didnt suck maybe they would be able to do the same thing
i do mess with kratos though
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Ricky D
formerly centex hogg
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Nathan Drake, Sly Copper, Kratos, Jak and Daxter, Ratchet and Clank, and Cole McGrath all seem pretty cool to me
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any video game company can make a ruggedly handsome guy..............pause
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yeah they cool
but bet u cant put em all in a game and make it better than nintendo..........................................
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Sony has a lot of good characters, but that's also subjective. Some people don't even know why they don't like console A, B, or C and its exclusives. That's just another multiple page argument to clutter this thread up again.
I love Nintendo's flagship franchises, but it would be nice if they could come up with new concepts sometimes.
I love Nintendo's flagship franchises, but it would be nice if they could come up with new concepts sometimes.
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totally agree
but i can also say that when they actually do come up with new concepts
they do a pretty good job
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Ricky D
formerly centex hogg
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If I had the resources to make a game, I definitely could
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Watch dogs soon 
Ricky D
formerly centex hogg
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Watch dogs soon
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