sony loses $700 mill dollars... and that was less than expected??

http://www.gamespot.com/news/6238436.html?om_act=convert&om_clk=newstop&tag=newstop;title;2

that article by gamespot says that sony loss $700 mill but that was actually less than expected... so what, sony expected to lose 1 bill? huh? are they doing that badly? wow, what is yoru opinn of this? as if losing 700 mill was actually decent to what they orig thought

but on teh bright side, nintendo's profits up $700 mill. :)

thoughts on that article an sony's looses?

At this rate, they'll be joining Sega 2010Nidget

Sony's just more than a gaming company you know, there's a lot more profit to be made than on just the gaming division.

Regardless, it is pretty bad. I guess. It's not like I have loyalties to a faceless corporate company.

*Eyes rest of SW posters*

[QUOTE="Nidget"]At this rate, they'll be joining Sega 2010Javieralijandro

At this rate, they'll be joining Sega 2010Nidget

Sony's hardware (TVs, stereos, music players, pcs) all seem overrated and usually more expensive than products that are equally good and cheaper. Eg samsung for tvs, etc etc. That's why they are losing money in many different sectors.

At this rate, they'll be joining Sega 2010Nidget

No, Sega is at legendary status.

Plus, Sega is still a company making money. They just stopped making consoles, and put their focus back on their arcade machines.

Sony's hardware (TVs, stereos, music players, pcs) all seem overrated and usually more expensive than products that are equally good and cheaper. Eg samsung for tvs, etc etc. That's why they are losing money in many different sectors.

At this rate, they'll be joining Sega 2010Nidget

I'm getting conflicting sources here......

[QUOTE="Javieralijandro"][QUOTE="Nidget"]At this rate, they'll be joining Sega 2010Nidget

At this rate, they'll be joining Sega 2010Nidget

Only half is that is from the actual gaming devision or so I've heard.

Ah, I understand now, this is Sony, not just the GD.

[QUOTE="Nidget"]At this rate, they'll be joining Sega 2010Panosola

for a company that still makes billions a year?......the whole company still makes profitstereointegrity

wow, sony is losing money in their other sectors too? :|

like laptops?

At this rate, they'll be joining Sega 2010Nidget

wow, sony is losing money in their other sectors too? :|

like laptops?

KittyHeart

wow, sony is losing money in their other sectors too? :|

like laptops?

KittyHeart

That, but also companies like Samsung and Panasonic are providing electronics on par, or better than Sony's products, but without the premium price tag that Sony puts on their gadgets.

wow, sony is losing money in their other sectors too? :|

like laptops?

http://www.gamespot.com/news/6238436.html?om_act=convert&om_clk=newstop&tag=newstop;title;2

that article by gamespot says that sony loss $700 mill but that was actually less than expected... so what, sony expected to lose 1 bill? huh? are they doing that badly? wow, what is yoru opinn of this? as if losing 700 mill was actually decent to what they orig thought

but on teh bright side, nintendo's profits up $700 mill. :)

thoughts on that article an sony's looses?

KittyHeart

ha ha ha "on the bright side side Nintendo's profits $700 million..."

I like how you just plugged that in and rub a little bit of salt in the wound.

Maybe Sony increased their loss expectations as to not make it look so dissapointing or something.

Oh well, don't worry it will be "the year of the PS3" and it will dominate someday I'm betting around the year 2021.

Sony may recuperatetheir lossessand start making a profit in a few years.

[QUOTE="Nidget"]At this rate, they'll be joining Sega 2010treedoor

No, Sega is at legendary status.

Plus, Sega is still a company making money. They just stopped making consoles, and put their focus back on their arcade machines.

Sammy bought Sega. Sega is just a division brand name for a larger corporation now.

At this rate, they'll be joining Sega 2010Nidget

[QUOTE="Nidget"][QUOTE="Javieralijandro"] People do realize sony is jsut more then a console maker right? Columbia pictures won't die. Neither will xbox, if any company was to go down under it would be nintendo but that wont happen just for 1 reason and 1 reason alone, MARIO.Javieralijandro

Ummm what? Windows is the most profitable division for MS it generates billions of dollars alone in revenue. Even with Vista not being welcomed with open arms its still generated alot of revenue, and with the release of Windows 7 next quarter for MS will be big, since MS didnt include Windows 7 sales in this quarters report.

[QUOTE="Nidget"][QUOTE="Javieralijandro"] People do realize sony is jsut more then a console maker right? Columbia pictures won't die. Neither will xbox, if any company was to go down under it would be nintendo but that wont happen just for 1 reason and 1 reason alone, MARIO.Javieralijandro

Wonder why people care about how much money companies make/loose. I like play good games not sales numbers.

Well damn... Good thing they have other divisions as well. Playstation isn't going to take them down. I don't really want any of the big 3 to fail. Without competition we would still have $600 consoles on the market.

At this rate, they'll be joining Sega 2010Nidget

Well damn... Good thing they have other divisions as well. Playstation isn't going to take them down. I don't really want any of the big 3 to fail. Without competition we would still have $600 consoles on the market.

Epak_

lol pssibly

sony doesnt care about 700 million, microsoft doesnt care about 700 million, nintendo doesnt care about 700 million, you have to spend money to make money, and they are all doing just fine

http://www.gamespot.com/news/6238436.html?om_act=convert&om_clk=newstop&tag=newstop;title;2

that article by gamespot says that sony loss $700 mill but that was actually less than expected... so what, sony expected to lose 1 bill? huh? are they doing that badly? wow, what is yoru opinn of this? as if losing 700 mill was actually decent to what they orig thought

but on teh bright side, nintendo's profits up $700 mill. :)

thoughts on that article an sony's looses?

KittyHeart

sony has a Revenue of 50 billions every year and this 700 millions are for 6 months. This numbers arent that bad since i remember when people said that sony would go bankrupt if they would lose a console war.

[QUOTE="stereointegrity"]for a company that still makes billions a year?......the whole company still makes profitmythrol

sony doesnt care about 700 million, microsoft doesnt care about 700 million, nintendo doesnt care about 700 million, you have to spend money to make money, and they are all doing just fine

cee1gee

in a time when there is a global financial melt down, and luxury items such as electronics can't be bought in large sums. especially if your an expensive name brand like Sony.

wha?

markets are down across the board. did you know that the Dow Jones just recently reached a new high?! yeah, that being where it was at back in 1999....

360, Wii, and PS3 just changed pricing and switched around sku's, games that are already on huge budgets got pushed back till next year where hopefully the economy will fair better.

Also again like everyone else is stating. Sony makes TV's, laptops, electronic parts, video game systems, runs film studios, has first party game development teams.

I mean go to the companies website and look at their products. there is a lot more then just the Playstation brand.

Here

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and by the way, what doomed Sega was not it was a shoddy game machine, Dreamcast was actually pretty good. what doomed it was it burnt out it's consumers with expensive and overall useless accessories like the Sega CD, and Sega 32x, and all those add on's to the Genesis. Sega wasn't thinking in terms of games, they were thinking of only selling the consoles. Where today Nintendo simply may change it's sku but do the same thing, they are priced competitvely and don't negate your already existing library games or existing games available. with 32x and CD you had to buy special games for that.

Sony screwed up right outside the gate, it's hubris from PSone and PS2 gen cost it dearly, but it is not out. especially with PS3 and 360 expected to have a much longer life span.

Nintendo however is a game company only, they purposely sell their console at a profit, they HAVE TO, they cannot be offset by profits made by a film studio or their TV department. the reason why MS and Sony do sell at an overall loss (and they will never tell by how much) is to try and gain market penetration and then make the money back up through their portion of profits from online sales and retail sales.

[QUOTE="cee1gee"]

sony doesnt care about 700 million, microsoft doesnt care about 700 million, nintendo doesnt care about 700 million, you have to spend money to make money, and they are all doing just fine

surrealnumber5

look at alternative energies, the best solar panels right now that you can get will pay themselves off in 23 years. I know this as i've studied it for my engineering degree. Home consoles, especially Sony and Microsoft don't look towards profit (initially) when they enter in the market. Remember we are in entering the 5th of this generation, if you count 360's release and not Sony and Nintendo's machines. That is roughly half way through a 10 year life cycle. which in the case of Microsoft and Sony will no doubt last much longer then 10 i believe.

They have platforms that can essentially do everything it needs to do. Graphically it looks very good, and only graphic whores will really care. The way they will extend the life is through motion controls, 3d gaming, adding more memory and of course adding more games.

Also to say "it's a good time to switch to 360" is a really lame arguement, especially after Sony is meeting pretty much all the demands of the consumers. the big hit games and highly anticipated games are coming out over the next 2-3 years, they have cross-game chat and Netflix coming, they've made it's 3rd price cut in it's short 3 years of life. They'll make money, and if they don't they'll learn from their mistakes and try again in the next generation.

the one good thing about Microsoft and Sony is that they are big mega companies that can take a loss. Microsoft knew it would take a loss on the first Xbox but it needed to get into the gaming world first to even succeed, they took some chances with 360 and they've paid off - mostly.... except that whole RROD mess.

[QUOTE="surrealnumber5"][QUOTE="cee1gee"]

sony doesnt care about 700 million, microsoft doesnt care about 700 million, nintendo doesnt care about 700 million, you have to spend money to make money, and they are all doing just fine

SaudiFury

[QUOTE="SaudiFury"][QUOTE="surrealnumber5"] how many years must you lose money? when does the making money start for sony?surrealnumber5

all true. stop and think.
what could next gen possibly be that this current gen cannot do?
graphics? we are not here anymore.

PSone

PS2

PS3

Myself, nor the vast majority of my friends really care that much about having next gen consoles be Crysis good. Not to mention one little pint sized gaming machine proved graphics don't win you the monies.

Just look at this current gen, with Xbox Live Arcade, and it's multimedia support, and Playstation Network and it's setup. with their constant flood of games, videos, and content.

They've both made the box for your home, and it's now more then just for your games. Now their just looking for more ways to get more members of the family and more demographics to buy.

Can you think of something that would justify another $500.00 buy for a new box, that does something so drastic that it warrants a purchase?

Anything the Wii can do the PS3/360 can probably do better. the Wii can't even do DVD's, if anything Nintendo would pull a juggernaut and even then Nintendo plays it safe and will stick with existing tech and maybe do some cost-effective innovation. but i cannot feasibly think of anything new that the current platforms cannot do.

and graphics are not everything.