ouch microsoft nail $5,24 billions in a quarter

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GhoX

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#51 GhoX
Member since 2006 • 6267 Posts

@LJS9502_basic said:

@MonsieurX said:

@nyzma23 said:

so with those pre order and sales bullshite

A small part of that must be about its gaming division

Not necessarily. That is the overall health of the company....not individual divisions. It's possible for a few divisions to lose money while the rest of the company props it up. You'd have to see the books to know that.

About 2%.

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Suppaman100

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#52 Suppaman100
Member since 2013 • 5250 Posts

@lhughey said:

@Suppaman100 said:

@GhoX said:

@Suppaman100 said:

I always laugh at the doom posts about Sony.

Did you know that Sony's in the insurance business? Probably not, well that's their biggest income. Look at this video for more info. Sony is fine but not as big as in the past.

Read my post instead of skipping it, thinking you already know its content.

I pretty much wrote that the only reason Sony isn't dead is because of their financial services segment. Still, that's their only segment making a significant profit. They literally would be better off financially if they drop everything else.

They also make a lot of money with their movie/music branch.

Not really. That side of the business has been very stagnant. Sony is primarily a finance company (profit wise).

Could be, all I know is that they made a profit of $ 7 billion these last ten years with their film/music branch.

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LJS9502_basic

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#53 LJS9502_basic  Online
Member since 2003 • 180232 Posts

@GhoX said:

@LJS9502_basic said:

@MonsieurX said:

@nyzma23 said:

so with those pre order and sales bullshite

A small part of that must be about its gaming division

Not necessarily. That is the overall health of the company....not individual divisions. It's possible for a few divisions to lose money while the rest of the company props it up. You'd have to see the books to know that.

About 2%.

What?

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GhoX

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#54 GhoX
Member since 2006 • 6267 Posts

That's how much profit the gaming division made compared to the whole company's profit.

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lhughey

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#55 lhughey
Member since 2006 • 4890 Posts

@Suppaman100 said:

@lhughey said:

@Suppaman100 said:

@GhoX said:

@Suppaman100 said:

I always laugh at the doom posts about Sony.

Did you know that Sony's in the insurance business? Probably not, well that's their biggest income. Look at this video for more info. Sony is fine but not as big as in the past.

Read my post instead of skipping it, thinking you already know its content.

I pretty much wrote that the only reason Sony isn't dead is because of their financial services segment. Still, that's their only segment making a significant profit. They literally would be better off financially if they drop everything else.

They also make a lot of money with their movie/music branch.

Not really. That side of the business has been very stagnant. Sony is primarily a finance company (profit wise).

Could be, all I know is that they made a profit of $ 7 billion these last ten years with their film/music branch.

That might be so, but last FY their financial services made 3x the profit of their music, movies and gaming combined. And 7B over 10 years is not much money split over 120 quarters. To put in perspective Samsung made 9B this last quarter.

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LJS9502_basic

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#56 LJS9502_basic  Online
Member since 2003 • 180232 Posts

@GhoX said:

That's how much profit the gaming division made compared to the whole company's profit.

That's not very much when you consider they 360 should have broken even by now. Not sure how they write off their R & D though for the new console.

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bezza2011

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#57 bezza2011
Member since 2006 • 2729 Posts

seriously your posting this on a games website, the company is massive and windows is everywhere, of course there making loads, no one ever thought differently shame the people incharge of xbox are just corperate monkies who don't care about anything except how to make money

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Newhopes

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#58  Edited By Newhopes
Member since 2009 • 4775 Posts

@Suppaman100 said:

@GhoX said:

@Suppaman100 said:

@GhoX said:

@Suppaman100 said:

I always laugh at the doom posts about Sony.

Did you know that Sony's in the insurance business? Probably not, well that's their biggest income. Look at this video for more info. Sony is fine but not as big as in the past.

Read my post instead of skipping it, thinking you already know its content.

I pretty much wrote that the only reason Sony isn't dead is because of their financial services segment. Still, that's their only segment making a significant profit. They literally would be better off financially if they drop everything else.

They also make a lot of money with their movie/music branch.

Not really. All of the other profit-making segments combined together make less profit than their financial services. Then there's their mobile and home entertaining, which are draining more than half the profit the company makes. Overall though, the gaming division PS belongs in makes less than 2% of the net profit. Its net profit on the other hand is around 1.4% of its revenue. That's an astronomically low level of profitability.

I'll conclude with what I already wrote in my original post: Sony is in pretty bad shape, but whether it survives or not will most likely not depend on the video game industry.

I think you look at it a little grim. Sony's situation is OK.

Let's look at the facts: (source: the interview with Kaz Hirai I posted; it's from 5/2013 so still relevant)

Sony's profit (10 years)

Life insurance : + $ 9.07 Billion

Film and music : + $ 7 Billion

Electronics : - $ 8.5 Billion

So I don't really understand why you say that the Film and music branch is in bad papers. The only bad branch they have is the electronic branch, which they hopefully can turn around into something profitable. The new Xperia is selling well and PS4 seems to have a good future.

Conclusion: Sony as a whole is fine, yes their electronic branch isn't doing well but hopefully they can turn that around.

Sony isn't fine they lost $6.4 billion in 2011, $3.2 billion in 2010 and so on for the last 9-10 years, and only posted $458 million profit last year due to selling company assets.

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musicalmac

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#59  Edited By musicalmac  Moderator
Member since 2006 • 25101 Posts

Company financials are absolutely relevant. I think it's reasonable to be concerned when the bulk of Sony's income isn't an advertised flagship product (like MS with Windows or Office, or Apple with everything...).

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NameIess_One

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#60  Edited By NameIess_One
Member since 2013 • 1077 Posts

@GhoX:

Just curious, you an economist or something?

Going by your posts ITT, you know your stuff!

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SonofK

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#61 SonofK
Member since 2013 • 1088 Posts

@kellykelly said:

And what does this mean for X1 gamers? Well:

- Inferior system

- Inferior exclusives

- Inferior controller

And inferior multiplats

And of the best of all, more insecure cows

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Suppaman100

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#62 Suppaman100
Member since 2013 • 5250 Posts

@Newhopes said:

@Suppaman100 said:

@GhoX said:

@Suppaman100 said:

@GhoX said:

@Suppaman100 said:

I always laugh at the doom posts about Sony.

Did you know that Sony's in the insurance business? Probably not, well that's their biggest income. Look at this video for more info. Sony is fine but not as big as in the past.

Read my post instead of skipping it, thinking you already know its content.

I pretty much wrote that the only reason Sony isn't dead is because of their financial services segment. Still, that's their only segment making a significant profit. They literally would be better off financially if they drop everything else.

They also make a lot of money with their movie/music branch.

Not really. All of the other profit-making segments combined together make less profit than their financial services. Then there's their mobile and home entertaining, which are draining more than half the profit the company makes. Overall though, the gaming division PS belongs in makes less than 2% of the net profit. Its net profit on the other hand is around 1.4% of its revenue. That's an astronomically low level of profitability.

I'll conclude with what I already wrote in my original post: Sony is in pretty bad shape, but whether it survives or not will most likely not depend on the video game industry.

I think you look at it a little grim. Sony's situation is OK.

Let's look at the facts: (source: the interview with Kaz Hirai I posted; it's from 5/2013 so still relevant)

Sony's profit (10 years)

Life insurance : + $ 9.07 Billion

Film and music : + $ 7 Billion

Electronics : - $ 8.5 Billion

So I don't really understand why you say that the Film and music branch is in bad papers. The only bad branch they have is the electronic branch, which they hopefully can turn around into something profitable. The new Xperia is selling well and PS4 seems to have a good future.

Conclusion: Sony as a whole is fine, yes their electronic branch isn't doing well but hopefully they can turn that around.

Sony isn't fine they lost $6.4 billion in 2011, $3.2 billion in 2010 and so on for the last 9-10 years, and only posted $458 million profit last year due to selling company assets.

Ok, how about some sources for these numbers or are you pulling them out of your ass? You're implying Sony made billions of losses every year for 9-10 years...then they wouldn't exist now.

My source is the interiew I posted. And as you can see by the numbers, Sony made a profit.

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cainetao11

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#63 cainetao11
Member since 2006 • 38077 Posts

@kuu2 said:

What else is new? MSoft prints money and is only second to the federal government in doing so.

Actually the largest company in world that would eclipse them is Exxon Mobil. Still, with this liquidity, MS can support its gaming division easily. On the other side, Sony as a whole is in debt, but things look bright for their gaming division. Both look to have a future.

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cainetao11

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#64  Edited By cainetao11
Member since 2006 • 38077 Posts

@GhoX said:

@edidili said:

@supercowelitist said:

This explains why Microsoft wants to get rid of the Xbox division A burden to Microst and a burden to the game industry. RIP Xbox.

Nothing good will come out of a multi billion company deciding to not invest billions in the gaming industry anymore. That is just money this industry will lose.

I feel that the only reason MS and Sony are still holding onto the gaming industry is because of pure greed. Both companies have suffered or are suffering from this decades-long console war, making significant losses along the way. At the same time, both companies also know that if the other company quits first the market will become a lot more profitable. And so they're just holding it out, not willing to waste so much on this product line of low profit, yet also not willing to give up the potential profit they'd gain if the other quit. 'Tis a truly vicious situation.

Gotta say I agree. And I think that's why MS plays the industry differently, owning less first party, going with timed exclusivity. I know some gamers see this as bad, but I see it as business. I buy what I want from them as I do Sony, don't expect them to do what the other does, and enjoy my games. Good post dude.

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FoxbatAlpha

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#65 FoxbatAlpha
Member since 2009 • 10669 Posts

@Sweenix: you hurt? Yeah you hurt. This is more profit than all of Sonys worth. Sorry.

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shawn30

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#66 shawn30
Member since 2006 • 4409 Posts

@cainetao11 said:

@GhoX said:

@edidili said:

@supercowelitist said:

This explains why Microsoft wants to get rid of the Xbox division A burden to Microst and a burden to the game industry. RIP Xbox.

Nothing good will come out of a multi billion company deciding to not invest billions in the gaming industry anymore. That is just money this industry will lose.

I feel that the only reason MS and Sony are still holding onto the gaming industry is because of pure greed. Both companies have suffered or are suffering from this decades-long console war, making significant losses along the way. At the same time, both companies also know that if the other company quits first the market will become a lot more profitable. And so they're just holding it out, not willing to waste so much on this product line of low profit, yet also not willing to give up the potential profit they'd gain if the other quit. 'Tis a truly vicious situation.

Gotta say I agree. And I think that's why MS plays the industry differently, owning less first party, going with timed exclusivity. I know some gamers see this as bad, but I see it as business. I buy what I want from them as I do Sony, don't expect them to do what the other does, and enjoy my games. Good post dude.

Excellent. Well said. Just buy what you like best, for your reasons.

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Greatness05

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#67 Greatness05
Member since 2005 • 1272 Posts

It must be nice to not be on the verge of bankruptcy like that other company.

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cainetao11

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#68  Edited By cainetao11
Member since 2006 • 38077 Posts

@shawn30 said:

@cainetao11 said:

@GhoX said:

@edidili said:

@supercowelitist said:

This explains why Microsoft wants to get rid of the Xbox division A burden to Microst and a burden to the game industry. RIP Xbox.

Nothing good will come out of a multi billion company deciding to not invest billions in the gaming industry anymore. That is just money this industry will lose.

I feel that the only reason MS and Sony are still holding onto the gaming industry is because of pure greed. Both companies have suffered or are suffering from this decades-long console war, making significant losses along the way. At the same time, both companies also know that if the other company quits first the market will become a lot more profitable. And so they're just holding it out, not willing to waste so much on this product line of low profit, yet also not willing to give up the potential profit they'd gain if the other quit. 'Tis a truly vicious situation.

Gotta say I agree. And I think that's why MS plays the industry differently, owning less first party, going with timed exclusivity. I know some gamers see this as bad, but I see it as business. I buy what I want from them as I do Sony, don't expect them to do what the other does, and enjoy my games. Good post dude.

Excellent. Well said. Just buy what you like best, for your reasons.

Thanks dude. That is all it comes down to for the most part for me. I do like the fact that MS sent my buddies Battalion 100 360's while they were in Iraq for the soldiers, being a vet, and an American. But in the end, I do business with them. I'm not in a personal relationship with them or Sony. Its just business.

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Newhopes

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#69  Edited By Newhopes
Member since 2009 • 4775 Posts

@Suppaman100 said:

@Newhopes said:

@Suppaman100 said:

@GhoX said:

@Suppaman100 said:

@GhoX said:

@Suppaman100 said:

I always laugh at the doom posts about Sony.

Did you know that Sony's in the insurance business? Probably not, well that's their biggest income. Look at this video for more info. Sony is fine but not as big as in the past.

Read my post instead of skipping it, thinking you already know its content.

I pretty much wrote that the only reason Sony isn't dead is because of their financial services segment. Still, that's their only segment making a significant profit. They literally would be better off financially if they drop everything else.

They also make a lot of money with their movie/music branch.

Not really. All of the other profit-making segments combined together make less profit than their financial services. Then there's their mobile and home entertaining, which are draining more than half the profit the company makes. Overall though, the gaming division PS belongs in makes less than 2% of the net profit. Its net profit on the other hand is around 1.4% of its revenue. That's an astronomically low level of profitability.

I'll conclude with what I already wrote in my original post: Sony is in pretty bad shape, but whether it survives or not will most likely not depend on the video game industry.

I think you look at it a little grim. Sony's situation is OK.

Let's look at the facts: (source: the interview with Kaz Hirai I posted; it's from 5/2013 so still relevant)

Sony's profit (10 years)

Life insurance : + $ 9.07 Billion

Film and music : + $ 7 Billion

Electronics : - $ 8.5 Billion

So I don't really understand why you say that the Film and music branch is in bad papers. The only bad branch they have is the electronic branch, which they hopefully can turn around into something profitable. The new Xperia is selling well and PS4 seems to have a good future.

Conclusion: Sony as a whole is fine, yes their electronic branch isn't doing well but hopefully they can turn that around.

Sony isn't fine they lost $6.4 billion in 2011, $3.2 billion in 2010 and so on for the last 9-10 years, and only posted $458 million profit last year due to selling company assets.

Ok, how about some sources for these numbers or are you pulling them out of your ass? You're implying Sony made billions of losses every year for 9-10 years...then they wouldn't exist now.

My source is the interiew I posted. And as you can see by the numbers, Sony made a profit.

Try looking at Sony's financial statements.

2012:$458 million in the green but sold company assets including the $1.2 billion Tokyo office.

2011:$5.7 billion loss, got that one wrong $6.4 billion was the forcast

2010:$3.2 billion loss

2009$439 million loss

2008:$1 billion loss

2007:3.94 billion Yen profit (don't know $ value)

2003-2006: losses though I don't know how much and can't be bothered looking it up.

Their financial troubles started around 2000 when they started laying off large numbers of employees, profits where all other the place some years they make a profit the next a loss 2008 was when the shit really hit the fan and profits nose dived.

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blackace

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#70 blackace
Member since 2002 • 23576 Posts

@Sweenix said:

This isn't gaming related.

If XBox 360 hardware and software sales are include in those totals, it is.

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blackace

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#71 blackace
Member since 2002 • 23576 Posts

@FragTycoon said:

So MS gave us crappy products and made record profits.

We should be happy about that?

If all their products were crappy, they wouldn't be making a profit. Do you even think before you put your fingers on the keyboard?

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stereointegrity

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#72  Edited By stereointegrity
Member since 2007 • 12151 Posts

has to be all windows....

because windows phone and surface are such fails

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Cyberdot

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#73  Edited By Cyberdot
Member since 2013 • 3928 Posts

@FragTycoon said:

So MS gave us crappy products and made record profits.

We should be happy about that?

Of course not.

Windows 8 is terrible and the Xbox business is terrible too. It's a sad world we're living in when Microsoft is making this profit, so that means those crappy products and services will continue...

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silversix_

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#74 silversix_
Member since 2010 • 26347 Posts

made over 5 bils but put a 7770 with a cellphone cpu in their brand new "next gen" system. Typical MS.

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Zero_epyon

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#75 Zero_epyon
Member since 2004 • 20507 Posts

Yay money none of us have!

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cainetao11

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#76 cainetao11
Member since 2006 • 38077 Posts

I have a Windows phone 8, can someone tell me exactly whats so bad about it? It does everything I need and a lot more.