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[Felessan]

So much PC bullshit "PC day1 is mandatory for survival" when playstation just got 2 bln in profits in 9 months
Just some financial discipline with help of Totoki and margin shot up a good bit

It's not just Concord though, they've had damn near all their team working on live services for the past 4 or 5 years and have canceled almost all of them.

Around half I would say, they still have quite a number projects.
And their revenue just too high, ZZZ launch alone probably offset the whole Concord fiasko
You can see those write-offs in long-term assets drops, they written off around 300 mil iirc in previous quarter (not just Concord, but whole studio and probably some other projects)

That so called wasted money including the 400 million wasn’t spend in a single year.

It was spread across many years. It simply never affected them cause of the huge revenue they are making yearly.

Loss is realizes when project written off. Until then expenses go against asset (it's stupid to always show loss while you working on game). So it should be realized when project was decided to be a failure.

 

[mansoor1980]

 

[PendekarRajawali]

Who still reads IGN?

 

[Klayzer]

Who still reads IGN?

Nobody does. It's primarily used to push console war rhetoric.

 

[yogaflame]

Looks like Im starting to become a believer that porting ps exclusives to pc does not negate the sales of ps5 and might even attracted new ps5 adopters. But, I still hate you Sony for porting exclusives to PC.

 

[Klosshufvud]

Yet this generating sucks, Hermen Hulst should be fired, their state of play was awful, there’s no games anyone wants to play

Hey - parrots:

None of those are mutually exclusive. Are we going to shut down every blunder of Sony with the profits handwaving? They can be profitable and faulty simultaneously. In fact one could argue high profits is indicative of a business that prioritize shareholder interests too much over consumer ones. I'm not saying it's true, only that this is far more nuanced than profits = good content.

 

[yogaflame]

 

[Felessan]

They can be profitable and faulty simultaneously.

Actually... No. From a general standpoint.
You personally might not like what Sony do and think that "you know it better", but mass-market paid with it's wallet (and market always right) - PS5 is enormously successfull console with many metrics through the roof

 

[RetroGamingUK]

Looks like Im starting to become a believer that porting ps exclusives to pc does not negate the sales of ps5 and might even attracted new ps5 adopters. But, I still hate you Sony for porting exclusives to PC.

Sales would be even higher if this wasn’t a factor.

 

[Felessan]

Sales would be even higher if this wasn’t a factor.

New level of excuses

 

[Killjoy-NL]

I'm not spinning it, I'm just saying what the data shows.

I agree with you. It just shows that sonys release schedule is showing signs of not having the big hitters we have seen before.

What do you think will happen when Sony starts to actually release the next wave of major titles?

They're silently working on them.

 

[Yoboman]

https://www.neogaf.com/threads/ps5-pro-officially-announced-releasing-nov-7th-price-699-99-€-799-99-¥119-980.1674796/post-269569487




Are you getting ready @Banjo64

Banjo64GallonsOfCum

 

[peish]

Sales would be even higher if this wasn’t a factor.

Right too, expensive hardware and games, pc ports, ps remasters. I just dont see 75m units look that successful. A lot is riding on gta6

Do we have the net profits of ps5, instead of just reporting big revenue numbers? I feel it will help more if Sony sold higher units faster or have ps5 stay around longer. Hence i thought ps6 is too soon if early 2027 rumours are true

 

[Astray]

I'm waiting for that sweet negative spin from Bloomberg and Mochizuki though. Gonna be Sekiro-level hard.

Nah he's positive.

(He's been positive ever since Nishino got into the upper PS echelons really).

 

[Astray]

Right too, expensive hardware and games, pc ports, ps remasters. I just dont see 75m units look that successful. A lot is riding on gta6

Do we have the net profits of ps5, instead of just reporting big revenue numbers? I feel it will help more if Sony sold higher units faster or have ps5 stay around longer. Hence i thought ps6 is too soon if early 2027 rumours are true

Brother they have 4 billion in profit this quarter alone.. it's in the title.

 

[Thief1987]

Do we have the net profits of ps5

Can you at least read thread's title? I'm not even asking much anymore

 

[Klosshufvud]

Actually... No. From a general standpoint.
You personally might not like what Sony do and think that "you know it better", but mass-market paid with it's wallet (and market always right) - PS5 is enormously successfull console with many metrics through the roof

If market metrics is all what needs to be said, then we're better off just shutting down NeoGaf because there is little point taking a conversation beyond corporate profits data.

 

[yogaflame]

PS5 and PC right now.

 

[Kerotan]

PS5 has already cemented itself as the worst gen.....FOR MY WALLET!

 

[Caio]

Actually... No. From a general standpoint.
You personally might not like what Sony do and think that "you know it better", but mass-market paid with it's wallet (and market always right) - PS5 is enormously successfull console with many metrics through the roof

Exactly. While individual opinions may vary, the market's response to Sony's PS5 launch speaks volumes. Despite the challenges posed by the COVID-19 pandemic, the PS5 has achieved remarkable success, surpassing its predecessor PS4 in several key metrics = Sales and Profitability.
In summary, while personal preferences may vary, the PS5's performance in the market underscores its success. The console has not only outperformed the PS4 in profitability but has also navigated the unprecedented challenges of a global pandemic, solidifying its position as a landmark achievement for Sony.

Many people make the mistake of speaking as if this console generation is already over when, in reality, we are likely still nearly four years away from the launch of the PlayStation 6. That means at least six more years of full-fledged, highly enjoyable gaming on PS5 and PS5 Pro.

We have yet to witness the true impact of major blockbuster titles set to launch in the near future, such as Grand Theft Auto VI, along with many others. Additionally, future price cuts for the consoles will further extend their lifecycle and accessibility, ensuring that the best is yet to come.

 

[Nankatsu]

Ok Sony very good numbers, but give me reasons (and games) to actually sell my PS5 and upgrade to PRO.

 

[yogaflame]

Price cut on the base ps5 and a gta 6 that will run 4k/60 fps with or without RT in Ps5 pro will be the final nail to the coffin.

 

[Felessan]

If market metrics is all what needs to be said, then we're better off just shutting down NeoGaf because there is little point taking a conversation beyond corporate profits data.

You can discuss whatever you want
Just don't forget that yours is only opinion even if you have some brothers-in-arms sharing it. It doesn't mean it's a truth or anywhere near it.
In reality it might be opinion of vocal minority based on faulty assumption that you represent significant portion of gaming society (including general one, underrepresented on forum), thus overweight yourself and your opinion. The real society might want different things and different direction Sony to go, and Sony will go where majority of people (and thus money) go, and not where the loudest and most self-entitled speakers on the forum wants them to go. And results clearly shows that Sony clearly know who brings them money, even if it's not you.

Today was quite a reality check for various crowds of naysayers when their fantasies were crushed hard by reality.

 

[Radical_3d]

Dem plummeting sales…

 

[peish]

Brother they have 4 billion in profit this quarter alone.. it's in the title.

Can you at least read thread's title? I'm not even asking much anymore

Oh i see, i saw profit in the title and thought it was just revenue without the costs.

There’s the operating income in this OP, Its not bad i guess
Still will like to net income too

 

[Tiago Rodrigues]

42% new users.

But i was told everyone was migrating to pc and console users were now old farts?

And these numbers…i thought consoles were on their way out and PS5 was going to revise their numbers cause no way in hell it was gonna reach 20M for the year?

Seems like by the time gta6 releases ps5 will be at around the same number as ps3 overall sales. Incredible results for 5 years (by then) and still st least 2 or 3 to go.

I still think ps5 will surpass ps4 somewhere in 2026 launch aligned . We will see.

 

[RetroGamingUK]

Right too, expensive hardware and games, pc ports, ps remasters. I just dont see 75m units look that successful. A lot is riding on gta6

Do you see PS4 as successful because in terms of sales PS5 is neck and neck with Ps4

In terms of profits PS5 is way ahead

 

[kazuyamishima]

After 17 quarters

• PS4 : 76.6
• PS5 : 75.0
• PS2 : 71.3
• PS1 : 50.7
• PSP : 49.6
• PS3 : 48.0

Thanks to Evilms from the IB Forum.

 

[peish]

Do you see PS4 as successful because in terms of sales PS5 is neck and neck with Ps4

In terms of profits PS5 is way ahead

I think ps4 success is amplified by how much ps3 stumbled. I am expecting too much, but I thought ps5 will sell a bit more by now, its coming off ps4 hype and xbox series stumble.

Sure the profits are greater now, with some inflation, but to gamers, its more costs with lesser games contend, hence the optics of ps5 with 75m sold just dont look too exciting,

perhaps that’s the upper boundary of what home consoles can sell in their life span. The dream of hitting 150m, 200m, market expansion gen on gen is not happening ever

 

[RetroGamingUK]

After 17 quarters

• PS4 : 76.6
• PS5 : 75.0
• PS2 : 71.3
• PS1 : 50.7
• PSP : 49.6
• PS3 : 48.0

Thanks to Evilms from the IB Forum.

Shows how long PS2’s legs were

PS3 sales suffered due to PS2’s long life and low production costs towards the end

 

[RetroGamingUK]

I think ps4 success is amplified by how much ps3 stumbled. I am expecting too much, but I thought ps5 will sell a bit more by now, its coming off ps4 hype and xbox series stumble.

Sure the profits are greater now, with some inflation, but to gamers, its more costs with lesser games contend, hence the optics of ps5 with 75m sold just dont look too exciting,

perhaps that’s the upper boundary of what home consoles can sell in their life span. The dream of hitting 150m, 200m, market expansion gen on gen is not happening ever

Don’t move goalposts

You said you didn’t see 75m units as successful, anyone with half a brain can see you’re talking nonsense

 

[Thick Thighs Save Lives]

Great Q3 (and 2024) for SIE.

 

[Mownoc]

322 Billion Yen operating profit for the last 9 months is crazy. Higher than Nintendo. Nintendo made 248 billion yen.

 

[kazuyamishima]

Shows how long PS2’s legs were

PS3 sales suffered due to PS2’s long life and low production costs towards the end

Higher than usual launch price alongside a very low price for the PS2 made the PS3 struggle in their first 3 years until the slim launched.

 

[Fabieter]

129 million with 75 million PS5s sold means that there are 54 million PS4s still actively playing. I was right on the money with my predictions that we're looking at 125-130 million PS5s sold by the end of the generation. Reality if the MAUs are this high, we're probably looking at closer to 135-140 million if not more...

What about pc gamers who signed up to psn.

 

[Caio]

After 17 quarters

• PS4 : 76.6
• PS5 : 75.0
• PS2 : 71.3
• PS1 : 50.7
• PSP : 49.6
• PS3 : 48.0

Thanks to Evilms from the IB Forum.

It's noteworthy that despite the challenges posed by the COVID-19 pandemic, the PS5 has achieved remarkable sales figures, closely mirroring the success of the PS4 during a similar timeframe.
Some people have the memory of a goldfish… or just a very selective case of amnesia when it suits them.

 

[kazuyamishima]

It's noteworthy that despite the challenges posed by the COVID-19 pandemic, the PS5 has achieved remarkable sales figures, closely mirroring the success of the PS4 during a similar timeframe.
Some people have the memory of a goldfish… or just a very selective case of amnesia when it suits them.

Covid really fucked them between launch and Holidays 2022. Nobody knows how much they could had sold if Covid never happened.

But it seems that at least, Covid extended the PS5 life until holidays 2028.

 

[RetroGamingUK]

Covid really fucked them between launch and Holidays 2022. Nobody knows how much would they have been sold if Covid never happened.

But it seems that at least, Covid extended the PS5 life until holidays 2028.

It’s life will go way past 2028 and overlap PS6

 

[RetroGamingUK]

What about pc gamers who signed up to psn.

Not included

 

[kazuyamishima]

It’s life will go way past 2028 and overlap PS6

I mean, there’s huge potential, 1 or 2 price cuts, current gen only games been the majority now and more first party games only available on PS5…. And PC.

It seems that Totoki was needed more than what people think.

 

[Muddy]

What about pc gamers who signed up to psn.

Those are included. All 10 of them.

 

[Woopah]

Morning. If you read my posts I was saying hardware sales Sony are killing it, is the software sales that is concerning. Especially for third party but even first party is down.

I'm more concerned about those celebrating these numbers while we see state of plays consistently failing to deliver.

It's like the xbox users are moving over to ps5 and feeling completely at home with such a weak first party release schedule and declining software sales.

A good fit, I guess.

/jokes

You still haven't learnt your lesson. I read your posts and this is what you said on hardware:

"We actually know that the PS5 was outselling the PS4 launch aligned, so the pandemic helped its sales." - That was completely false.

Now let's look at what you said about software:

"Is the software sales that is concerning. Especially for third party but even first party is down." - Again false.

Total software unit sales were up 7% this quarter. Last quarter they were up 15%. Sony even says that growing third party software sales was a key contributor to their operating income.

So doesn't matter if you are talking about hardware or software. You are wrong on both counts.

 

[Fortuneelsewhere]

Strange world we live in.. people going crazy excited for hardware sales while we are getting useless remasters and unfinished subpar games running like shit and infested with political nonsense..

I’m really getting old…

 

[Tiago Rodrigues]

I'm not spinning it, I'm just saying what the data shows.

I agree with you. It just shows that sonys release schedule is showing signs of not having the big hitters we have seen before.

Death Stranding 2 and Ghost of Yotei as the 2 big AAA titles as exclusives.

Their first party software sales results are... super bad. Concerning after all the money they poured on first party titles since 4 years ago. Shouldn' people get fired? It's a disaster. Maybe they are not investing correctly their money... I dunno I am not an expert.

PS5 75.0 M Profit $12B
PS4 76.7 m, Profit $4B

Hum...you tell me.

Great Q3 (and 2024) for SIE.

Exactly.

Like...people trying to downpay these numbers are delusional.

After months of concern from the media about consoles sales, Sony slaps everyone with the reality and even forum users can't handle it.

Switch is approaching PS2 level sales and PS5 just had almost 10M consoles sold in a single quarter. Consoles aren't going nowhere.

 

[Hookshot]

Why does the OP still have Astro bot at 1.5 million? What are the updated numbers for it?

 

[Topher]

I'm more concerned about those celebrating these numbers while we see state of plays consistently failing to deliver.

 

[John Wick]

Morning. If you read my posts I was saying hardware sales Sony are killing it, is the software sales that is concerning. Especially for third party but even first party is down.

I'm more concerned about those celebrating these numbers while we see state of plays consistently failing to deliver.

It's like the xbox users are moving over to ps5 and feeling completely at home with such a weak first party release schedule and declining software sales.

A good fit, I guess.

/jokes

Don't worry great Xbox games are coming to PS5 to make up for it aren't they???
I'm buying Forza Horizon 5 already even though I own it on Xbox.

 

[Topher]

Ok Sony very good numbers, but give me reasons (and games) to actually sell my PS5 and upgrade to PRO.

This ain't that thread my man.

 

[Killjoy-NL]

Makes sense.

They are not making any games, just investing in experimental GAAS.

That should increase profits.

Not sure why fanboys are getting excited.

You still sure that Xbox is going to be able to swing it around?

 

[peish]

Don’t move goalposts

You said you didn’t see 75m units as successful, anyone with half a brain can see you’re talking nonsense

And said the same thing above, i dont see any goalposts moving

As i said, it seems sony cant break that home console barrier. I dont get the snarky celebratory tone in this thread. Not in terms of reaching bigger audiences or creating new gaming experiences