LiquidMetal14
hide your water-based mammals
UNCLE JIM GETTING PENIS REDUCTION TO REDUCE PAIN FROM THE WINS AND PAY FOR IT IN CASH, NOT AFFIRM.
Really? Did you read what year is in the thread title at all? it says 2022.
Can't give Sony its props without giving credit to MS/Phil, huh? He handed it to PS5 is just so factually incorrect since Sony made sure they delivered on their promises and addresses their weakness, which was low stock.I never did that, I said that they aided in this record, they did, that's objective, a fact. Because they weren't competing, they didn't have the PS5 equal console in production they had no games and delayed them before the holiday season started, and Sony had several, even discounts on games they released earlier in the year, which Xbox didn't have any, because they had no major big releases the whole year of 2022.
S being cheaper, doesn't make people wanting a X or similar speced PS5, all give up and by an S.
So "didn't help" is just you trolling intentionally. The S being discounted is not going to cover a gap of no games for the whole year, no games in the holiday quarter of Starfield/GOWR caliber, low X production, and other factors. No one realistically would believe that either.
And you KNOW this ALREADY because you've been in conversations where this has been discussed, so I'm not sure what you're end goal is here pretending suddenly today, this is all foreign and you don't understand.
Again, Phil and friends handed PS5 the holiday, especially int eh US, where the biggest growth occurred, and the gap widened out of Sony's own mouth,
My initial post BTW, was to someone crediting Jim Ryan, who didn't have to do anything, since all he had to do was just release the games that the studios said they would release them. PS5 production was already improving he didn't need to do anything about that, and the competition had nothing to counter their major titles.
Can't give Sony its props without giving credit to MS/Phil, huh? He handed it to PS5 is just so factually incorrect
The bolded is also so much mind-bending mental gymnastics stuff.
There's a big difference saying gaming made $8.8B earnings in the thread title, while making $8.8B in sales and $820M in earnings.
That's like saying MSFT made $52B in earnings in their last report, when it was really $52B in sales and $16B in earnings/net income. Which is wrong.
No buddy, StreetsofBeige is correct. You can't put revenue back to into your business. What you're describing is precisely profit aka earnings. As a Sony Pony, it pains me to correct you in a rare moment where you're giving Sony more credit than they deserve.
Pay attention! You said Xbox would have prevented PlayStation from a record breaking quarter if they would have released good games
You go back and forth with him where his point is clear what he wants to say but you want to split hair and argue with him for some reason. In general he is right and you just want to argue with him. So what if he believes that Jim was scratching his balls and he is winning? The general idea of his thoughts are correct but you want to correct the minute detail, let it go.
We can say that Xbox didn't pose a threat, and at the same time give Jim Ryan credit. He IS doing a good job. I don't know why those have to be mutually exclusive.So you're saying Xbox posed a challenge?
Guys all those thread ya'll posted in talking about Xbox doom are still in those threads. Everyone knows they were coming into the holiday with problems. Let's not pretend that Xbox didn't contribute to this record, especially in the US, Xbox's strongest market.
Sony themselves brought about US sales results, nothing mind-bending about it.
I mean think about it, you are basically arguing the Xbox should have won or been more competitive with no major releases, and low X production among other problems during the holidays.
How much sense does that make?
Jim Ryan didn't do anything but oversee PS went on schedule with things already promised months before that period, and those things along were instrumental to PS5 sales, including GOW:R. He didn't have to do much for Xbox to shoot themselves in the foot and for them to run with the profits.
Many people in this thread were saying the same stuff in other threads expecting these results (other than the few that though the people who wanted the X or were going to all buy S's) and now are acting like Xbox DIDN'T throw away the holidays? (Granted your a new member so this wouldn't apply to you, but would apply to other users who were in previous threads with the opposite perception)
okayyyyyy
I said they may have done so if they had released the promises holiday major exclusives which were delayed to this year, and had X production ready which they didn't, and we were warned before the holidays the supply wasn't there.
When Sony has substantially more incentives for a buyer to buy a product than the competition, and the competition for the 5th time is doing a "wait til later" approach, during the holiday season the biggest sales season of the year, yes, I would say that contributed greatly to Sony not just reaching this record, but widening the US gap, which is the Xbox's strongest market.
Again, I don't get why users, such as your self, participating in threads regrading Xbox's lack of push the whole year of 2022, not just the last quarter, are not acting like Xbox didn't throw away the quarter to Sony, but hey. At this point I'm just repeating myself so.
The bottom line is Xbox delayed games, didn't have production issues, was criticized the whole year, among other things, while Sony had numerous major titles, bettering production, among other pluses, and basically had most of the 4th quarter to themselves in the home console space.
You run a business and think revenue is the same as earnings/net income/profit (every company calls it a slightly different term)?They all represent different ways of viewing the business's success, but sales revenue is absolutely earnings. It's simply not credible to not view them as such. I help manage/run a business, multiple in fact. In all those businesses, revenues are treated as earnings. Banks also see it that way.
Revenue doesn't just magically disappear or not mean anything. It's all connected. People tend to ignore or overlook revenue often in the gaming space because of how low the profit margins are. Sony had a strong holiday, but their profit margin was 10.7% for the nearly $8.8 billion in revenue because that's common in the games industry for them to be so low. But you have different aspects of a business with much higher profit or gross margins than others, which makes revenue even more important in those higher margin parts of the business. The revenue that comes in from the sale of games, add-ons, micro-transactions, and services tend to have much higher profit margins even though the raw dollar figures per sale are much smaller than what it costs to buy a PS5.
Rest assured, if Sony's revenues for Playstation weren't as high as they are in the last quarter, it should be fully understood that their profits would have similarly suffered by extension. Revenue is as important a metric as profit because revenue is what ultimately translates to profit after other costs. Do not undersell the importance of revenue people. Revenue can buy and cover expenses, not just whatever is leftover as profit. If Microsoft's overall company revenue were $20 billion instead of the $52.7 billion they just reported last quarter, they wouldn't have achieved $20.4 billion in operating income. Revenue is extremely important. Telling me revenue isn't earnings is akin to saying God of War: Ragnarok's 11 million copies sold don't represent earnings because 100% of the revenue from the game, once plugged into the overall Playstation business, after all expenses didn't translate to 100% profit. In fact, the difference between Sony's Q3 FY2022 results vs their Q3 FY2021 results (which didn't have a God of War: Ragnarok class first-party hit) in profit is just a bit over $100 million more made in Q3 FY2022. So what if God of War did about $150-$200 less in revenue? Sony's Playstation profits would be down year over year. This critical example using God of War's amazing sales performance is why people should not dismiss revenue. It matters.
Incorrect. I run businesses. It's the revenue that comes in that you don't end up having to put back into costs of goods sold, wages, and other operating expenses that is left over to eventually become your "profit." Revenue (even revenue that doesn't ultimately become profit) can allow you to buy more assets or materials for your business as it's coming in, it can keep money coming in to cover wages, to cover other critical administrative costs, monthly bills to keep the lights on, loan repayments to creditors/banks, and other important expenses. Do not downplay revenue. It's very important.
The percentage of your revenue that can be converted to profit is a key component of gross margin. If you have a decidedly higher profit margin part of your business, such as what software sales, add-ons and micro-transactions are for Sony compared to the hardware sales, then how much revenue you are able to bring in is almost certainly relevant. Not all revenue may translate directly to a profit, but all profit comes from the amount of revenue you're able to generate. In other words, it's viewed very favorably when businesses are able to drive higher and higher revenues, because it implies that a certain stage that will translate to higher profits.
I dont expect people to be good with financials unless some is into numbers, but for you to say you run a business and think revenue is the same as earnings shows youre full of shit.Sony Q3 Fiscal Year 2022 earnings at-a-glance
Revenue - $8.797 billion
Operating Profit - $820 million
Profit Margin - 10.7%
Incorrect. I run businesses.
We can say that Xbox didn't pose a threat, and at the same time give Jim Ryan credit. He IS doing a good job.
To end your BS Xbox wasn't around when PlayStation was the 1st console to reach 100 million .
Exactly.No you don't. Sorry, I like you well enough but I'm calling bullshit based on the simple fact that you keep conflating revenue with profit/earnings. I've been in finance and a chartered accountant for over 10 yrs man, you can't bs me on this no matter how many lengthy, fictitious novels you post here. Let this one go. It's for the best.
They all represent different ways of viewing the business's success, but sales revenue is absolutely earnings. It's simply not credible to not view them as such. I help manage/run a business, multiple in fact. In all those businesses, revenues are treated as earnings. Banks also see it that way.
Revenue doesn't just magically disappear or not mean anything. It's all connected. People tend to ignore or overlook revenue often in the gaming space because of how low the profit margins are. Sony had a strong holiday, but their profit margin was 10.7% for the nearly $8.8 billion in revenue because that's common in the games industry for them to be so low. But you have different aspects of a business with much higher profit or gross margins than others, which makes revenue even more important in those higher margin parts of the business. The revenue that comes in from the sale of games, add-ons, micro-transactions, and services tend to have much higher profit margins even though the raw dollar figures per sale are much smaller than what it costs to buy a PS5.
Rest assured, if Sony's revenues for Playstation weren't as high as they are in the last quarter, it should be fully understood that their profits would have similarly suffered by extension. Revenue is as important a metric as profit because revenue is what ultimately translates to profit after other costs. Do not undersell the importance of revenue people. Revenue can buy and cover expenses, not just whatever is leftover as profit. If Microsoft's overall company revenue were $20 billion instead of the $52.7 billion they just reported last quarter, they wouldn't have achieved $20.4 billion in operating income. Revenue is extremely important. Telling me revenue isn't earnings is akin to saying God of War: Ragnarok's 11 million copies sold don't represent earnings because 100% of the revenue from the game, once plugged into the overall Playstation business, after all expenses didn't translate to 100% profit. In fact, the difference between Sony's Q3 FY2022 results vs their Q3 FY2021 results (which didn't have a God of War: Ragnarok class first-party hit) in profit is just a bit over $100 million more made in Q3 FY2022. So what if God of War did about $150-$200 less in revenue? Sony's Playstation profits would be down year over year. This critical example using God of War's amazing sales performance is why people should not dismiss revenue. It matters.
Incorrect. I run businesses. It's the revenue that comes in that you don't end up having to put back into costs of goods sold, wages, and other operating expenses that is left over to eventually become your "profit." Revenue (even revenue that doesn't ultimately become profit) can allow you to buy more assets or materials for your business as it's coming in, it can keep money coming in to cover wages, to cover other critical administrative costs, monthly bills to keep the lights on, loan repayments to creditors/banks, and other important expenses. Do not downplay revenue. It's very important.
The percentage of your revenue that can be converted to profit is a key component of gross margin. If you have a decidedly higher profit margin part of your business, such as what software sales, add-ons and micro-transactions are for Sony compared to the hardware sales, then how much revenue you are able to bring in is almost certainly relevant. Not all revenue may translate directly to a profit, but all profit comes from the amount of revenue you're able to generate. In other words, it's viewed very favorably when businesses are able to drive higher and higher revenues, because it implies that a certain stage that will translate to higher profits.