Sony in trouble, stocks plunging - its all over :)

Drama in title for system wars effect not really all over.

https://www.msn.com/en-gb/news/techandscience/sonys-stock-is-swooning-amid-worries-its-portfolio-is-in-trouble/ar-BBT9pe4?ocid=spartanntp

Japanese tech giant Sony's portfolio "is in trouble," said Ray Wang, principal analyst and founder at Silicon Valley-based Constellation Research.

Japanese tech giant Sony's portfolio "is in trouble," said Ray Wang, principal analyst and founder at Silicon Valley-based Constellation Research.

"It was also disappointing compared to Microsoft's 9% year-over-year constant currency growth in gaming revenues in its latest quarter," he said. A constant currency calculation attempts to nullify the impacts of exchange rate fluctuations.

"Investors are disappointed with Sony's declining operating profits at its core gaming division," said Leo Sun, a tech and consumer goods specialist at The Motley Fool.

PS4 keeping Sony afloat it seems, lots of pressure = play it safe going forward.

So this is how MS fanboy's get their kicks, company wars?

I thought this was a "GAMING" fandom board not a company shill contest.

This thread = I hope Sony doesn't invest in any more AAA games and start making cheap underwhelming games like my favorite company MS so gaming in general can adapt our lower standard.

The f*ck outta here!

Investors are disappointed with Sony's declining operating profits at its core gaming division,

"PS4 keeping Sony afloat it seems, lots of pressure = play it safe going forward."

(Can't quote on mobile). It doesn't mean that at all. It means Sony is spending to much money on the PS4 and not getting enough back. That's it. So games could be come trash though I doubt it. I expect that psnow and PS+ will rise in price by a $1 or 2. Which should be enough to make investors happy.

Does anyone have the actual figures of Sony's gaming section?

That's kind of what I meant. They wont take as many risks, might not invest in new ideas etc etc. Although an increase in prices might do the job and its unlikely gamers will mind the small increase.

Then this means it's time to invest in Sony stocks.

Someone needs to copy that cow stampede meme up in here.

Let me ring the bell...

:P

Oh no. I guess that means Sony is dead, you guys. How will we manage? It's all over...?

Excuse me for a sec. I need to go hang myself because one of my favorite videogame companies is dead. I have lost all faith in humanity and have nothing left to live for.

https://www.ign.com/articles/2019/02/01/playstation-network-revenue-hit-record-high-in-2018-topped-nintendo-and-xbox-totals

Meanwhile outside in the real world.

Companies stock and profits not real or less real?

Maybe in your world.

Haven't they said the same thing about Nintendo recently? Game market analyst predictions always seem a bit overblown.

Sony is profitable, so who really cares.

Stocks drops or rise because some one on a room passed a wind.

Is a highly volatile market were even the smallest thing upsets it, sony just register a record 3rd quarter and look how it is been seen, it means nothing.

Hell they were far far worse on the PS3 days.

lol :P

Its off of a high by less than ten percent and already trending back up from pre market sell.

In other words, they just had their most profotable quarter ever and traders piled out on alpha. Lets see where SNE is after a week and come back to this thread.

These companies can't be profitable. They have to make more profit every. single. year.

And that is what is killing this industry.

Lol, keep dreaming. Sony has both quality and quantity of franchises over Microsoft and Nintendo.

Awww, gamers playing stock market wars again?

@SecretPolice said:

lol :P

Hahahaaa..

Their stock is down because of their decline in operating profits compared to last year. It's right in the link that Sony won't be meeting their expectations. Besides revenue =/= profits, you cows of all people should know.

Lastly, good to see cows are getting a taste of their own medicine after so many 'Nintendo is doomed' threads.

Yeah, not sure what the fuss is about. Sony has been offering crazy deals on it's services in the last year. Just this year I renewed my PSNow sub for $80 instead of the typically $100 annually, and they have over 700 games on the service. They can't be making money in the short-term but possible making more in the long term by locking gamers into their ecosystem.

Sony will be fine you guys. Nothing to worry about when PS5 is coming soon anyways.

Dang. Sony sold 900k less systems this quarter. Welp, I guess I'll be selling my PS4 now.

What in the world is going on with the formatting of the OP?

Part of me wonders how many of these threads are being written by bots evaluating keywords and strings.

*yawn*

Already up to 46 a share. OP needs a nap.

The largest unanswered question folks probably have is how will Sony continue to drive revenue, and profit while hardware sales decline.

The answer is software, and services but, there are some concerns around that.

• Fortnite / F2P volatility. Will Fortnite, and other F2P games on PSN continue to drive large amounts of revenue / profit?
• 3rd Party games. How well will they perform? I’m pretty sure the big 3 - Activision, EA, and Ubisoft - have all lowered their guidance.
• What games does Sony have lined up for the next FY? (Days Gone is the only one with a release date right now. I don’t see them being able to match God of War + Spiderman in the first half of their FY.)
• Will PSN+ continue to grow? By how much?
• Will digital download continue to grow? By how much?

Sony’s largest challenge at the end of the day is that they cannot afford a significant drop in revenue / profit leading up to next gen.

DOOMED!

But seriously, the easiest way for them to increase profit is (not just revenue) is to raise the prices on existing items. Expect a small increase in PSN prices soon.

This is not a cow thing. No one should want a competitor to go out down. Competition is good. If Sony wasn’t there to capitalize on Xbox’s **** up early on they wouldn’t be the consumer friendly company they are with game share and game pass etc.

The fact that they are dissatisfied with the core gaming division is asinine.

PlayStation is doing great compared to just about everything else in that company other than camera lenses.

Stocks are back up, this has nothing to do with Playstation, this thread = Fail.

Sony is doomed confirmed.

it's an article from msn but their stock has been steadily falling since last summer. it's still doing really well year on year relatively speaking.

they just need to co-ordinate the end of this gen well, with the release of tlou2, ghosts, death stranding and the ps5 carefully timed

Considering they are spending on R&D on the PS5 and still managed over 3 billion in profit that seems impressive.

The article is from CNBC copied on Microsoft site.

Stocks are no where near what they where end of January. Back up to 46 you having a laugh they where 50+ on 31st January. Dropped 8% in 1 day.

With the PS4 sales its hard to see them in too much trouble, but it will be interesting to see how it will affect them in the short and long term.

LOL.

Yea it's impressive. It really shows how PSN profits and PS4's great sales are really an asset to the company.

Sony is doomed doesn't really work, that should be reserved for Nintendooomed. Perhaps Sonyonara, or So-long-ny. I'm sure somebody could come up with a better one.

Now that SW has established that Sony and Nintendo are doomed, I guess that all we have left is MS.

That sucks.

@mojito1988: Nah, Microsoft are probably going down too. It's all over for everyone, no exceptions.

Microsnuffed.

We all know that PS is one of the few bright spots in the Sony business, so it'll be interesting to see how they approach things going forward... I'm guessing they'll have to play it a lot safer and not take any risks because Sony as a whole can't afford the PS business to suffer any problems.

This is System Wars. This entire section of GS is cancer and just fanboy wars.

#PrayForSony

Then why be here?

Its a bit of fun for me. You seem to take it much too serious.

Instead of praying for one troubled company, why not pray for every troubled company? Prayer does not have to be restricted to one company.

For the OP that used the ":)" on his topic header, I could have wished that you die in the streets dirt poor. Do you take pleasure in a company you disliked doing poorly?

the :) was following its all over. Clearly its not all over for Sony it was just for system wars effect. Why would I take pleasure about a company doing poorly and people losing their jobs etc etc. That would be cruel and certainly not for these "fun" forums.

The righteousness in this thread is hilarious.

Well I was pretty much just shitposting really, like @tdkmillsy said it's not like Sony are going anywhere soon.

Also that bolded part is a bit much lol.

This doesn't have anything to do with Sony. The stock market was already slowing down to begin with. The stocks for Activison, EA, Ubisoft etc were already slipping.

I'm pretty sure this a short term because of the financial status of the current gaming industry.

I took nothing seriously. I know what SW is, and it's fanboy cancer. I don't see why I can't relay that to another person questioning why over half the people here are trolls. This is one of the very few places on this forum that isn't dead so I come around for some news and whatnot. Sometimes I mistakenly read the thread, with this being one of those times. If you want to be a troll, have at it. I don't really care. I just don't see why I should be called out for accurately describing SW to a newer user.

Now people understand why they left the trade shows. Forecast for fiscal year is lower than they thought so smart move is cut spending that isn't vital.