That's a fairly recent change. Last fiscal year Nintendo had higher profits than Sony.
Ultimately Sony would prefer to sell slightly fewer PS5s and generate much higher profits.
Helldivers 2 is not the first Sony gaas game. We have had gt sport, gt7, mlb games ,etc before that which are all successful gass games.
The problem with Concord is it was obvious for many people that the game was going to bomb, but Sony expected it to be a big success, do a tv show, etc... It shows they are out of touch with gamers.Worth noting that the game division is very healthy in general, so people who were lamenting the death of Hulst because Concord should take a cold shower of reality
Actually, quite the contrary. Sony made almost $9 bil last year, compared to Nintendo's $4 bil that same year. Sony regularly outperforms Nintendo as a whole. Sony at one point had $21 bil cash on hand in 2022, far more than what Nintendo had in any of its years.
Ah you mean the Sony company as a whole, I was talking about the gaming division specifically.
That's not a fair comparison though, Nintendo as a whole vs Sony's game division. Has to be whole vs whole as to not be skewed.
IP is PlayStation since HD1 and I don't think it practically matters. CoD mobile is technically a Tencet game. And?
Wouldn't even bother at this point lol
Well this thread is specifically about the PlayStation performance. So that would be a fair comparison.
They are saying it's not the first first-party GAAS. Not that HD2 isn't first party.
Concord underperformed, not their live services games: this year they released Helldivers 2, MLB and Destiny The Final Shape as very successful games, and Concord as a failure. Plus they continue having GT7 stuff.
When they talk about hardware profit improving because of hardware release, they mean PS5 Slim.
But that's just cherry picking. The problem with that with regard to MS is that sometimes ppl will often use MS as in the whole company itself when referring to the Xbox division. By the same token, ppl often say Sony as opposed to SIE, if you want to be more precise. Its heavily skewed to take a whole company and directly compare it to a division. What does that prove? Its like comparing the UK to CA as if to prove UK is better than America or vise versa.
I forgot about that but yeah they should be seeing some good profits for Portal , Edge & DualSense going forward.
Yes, but it's not that difficult with how low xbox has fallen.So playstation shipped more this quarter then xbox entire year.
I still see great potential despite what a lot of users say, permanent cuts, more current games only and big 3rd party games like GTAVI will sure move consoles.
Nope, if you bought any ""second-party"" game in the past two years, you're not included in that 37%.
This is pure speculation, but I believe that the game was already done a while before it launched, as it credits Hiroki Totoki as (interim) CEO of SIE; he was for two months only before June 2024. Astro Bot, in comparison, credits both Hideaki Nishino and Hermen Hulst, while Stellar Blade credits Jim Ryan.
Just bear in mind PS5 will get a GTA VI boost and will keep selling after PS6 for a few years. I feel PS4 sales were cut short because of COVID. It was very constrained .
It proves how companies perform in gaming, which is the focus of this forum. Hence why the financial threads here are always focused on the gaming parts of Sony and Microsoft
Second party is a form of first party. Games like Helldivers 2 or Rise of the Ronin would be included there.Nope, if you bought any ""second-party"" game in the past two years, you're not included in that 37%.
What about the other non-gaming investments that Nintendo makes like movies and universal theme parks?
Fred Meyer has confirmed the leaks, the slim disc will be $425 for BF, the digital seems that it will be $375
There’s some chance they will sell more in Q3 FY2024 compared to Q3 2023.
Lowest price ever for the Slim family
I think it is possible. A price drop on an integration of the Slim model as they keep bringing the cost down, but if you essentially have a GTA VI wind blowing in your sails you may want to benefit from higher profits margins and then drop the price.
Yeah I wouldn't be surprised if Sony hold off on a perm price cut and see what GTA6 does for hardware sales. Actually with totoki hovering over ps that's most likely what they might do.
First party didn't help? Other then Astro boy what other 1st party games released in the last 3 months? You are stating misnomers.
Americans have it so good. A PS5 Slim is 650$ in Scandinavia. A bad combination of lack of competition in EU instead promoting insane profit gaps, stupid taxation on technology and a devalued currency. Just a bad time in general to be buying electronics. I think people here are better off buying used deals. At best we'll see the Slim at 600$ for BF. A more likely scenario is that Sony will just bundle the console with a game nobody cares about and keep the price.Fred Meyer has confirmed the leaks, the slim disc will be $425 for BF, the digital seems that it will be $375
There’s some chance they will sell more in Q3 FY2024 compared to Q3 2023.
The rumoured price in Europe is €475 for the disc slim and €375 for the digital slim, it will run from November 22nd to Friday 6th December 2024.
I don't think 2025 will be a worse year, considering gta 6 launches.
Well you'd still want to keep it like-for-like. With Microsoft for instance, the licensing for gaming IP books, toys, TV show etc. falls under the Xbox division.
Until Dawn is a terrible example. The remake was solely made because the film version of it is coming next year. Yes, the sales at launch were terrible, but Sony expected that. If the movie is somewhat successful, Sony will heavily advertise the game. This was always the plan
Okay, so in the case of Sony, what if they were to release a video game adaptation movie like Uncharted which obviously affects its Pictures segment? Or the licensing from the Last of Us TV show? Or what about SPCP collabing with SIE to produce merchandising for God of War, Last of Us, and Horizon? Would that fall under gaming then?
The first game was a mild success. Even if the Remake had no flaws, the sales wouldn't be there. The profits are all tied to the success of the movie coming next year. If the movie does well, it will end up being a great investment for Sony. They were never expecting big sales from a remake of a moderately successful horror game that came out nearly 10 years ago. It was a ridiculous example to use
That would go in the Pictures segment. So you could get close to like-for-like by removing the IP-related income from Nintendo's numbers.
So it wouldn't count as gaming then? What if the film or TV show serves as advertising revenue to help drive sales of a game? Bc that's a lot of mental gymnastics to figure out which counts as what/what doesn't.
Didn't think it in that way, thanks.
Yep, that's why I told him that he wouldn't be part of the 37% of the pie chart.
PlayStation Productions's share of the series' revenue goes straight into G&NS.
What I said above.
The revenue of the TV shows and movies would be in the Picture segment. If that leads to an increase in games, then that revenue would be in the G&NS segment.
Yes I understand what you're saying now. You're right.
