SILKYSMOOTH30FPS
Member
When you can market cap with nothing, why bother creating anything. Shareholders are celebrating right now.
are you....salty?
- Just stop being poor brounsubscribe and don't buy games?![]()
"Sony Market Cap Hits $160 Billion For The First Time In Its Company History!"They're doing that in every country because - I'm not sure if you've looked outside lately - but market conditions are pretty shit right now.
Poor Sony... they DO need more of our money. Are you telling me you'll accept yet another increase in console prices because it all serves to make Sony the first trillion dollar Japanese corp? That's some horrible brand loyalty if that's the case. And considering the length of your response, I bet you'd be happy to fork over the money.If you were the CEO of Sony and your goal was to say, make Sony the first trillion-dollar Japanese company. What would you do to get it there?
Now you may ask, why would Sony want to be a trillion dollar company? Well, look at it's major competitors and markets. Sony is primarily an Entertainment company and Big Tech is taking over Entertianment. Only with size can Sony realistically compete with these giants across multiple playing fields.
Sony is kind of a small fish in a big pond these days, but they know by leveraging their strength in different markets, they can grow a lot quicker.
Microsoft is worth 3.42 Trillion. It took Sony 20 years to defeat their purse.
Nvidia is worth 3.3 Trillion. What happens if they had to compete against Nvidia in cloud gaming head up?
Apple is worth 2.9 Trillion. They built Apple TV+ overnight.
Amazon is worth 2.19 Billion. They have Amazon Prime Video and are just starting to try to get into gaming.
Netflix is worth 515 Billion. They have massive control over the tv/film business and again will have a huge advantage if things go to cloud.
Disney is worth 201 Billion. Sony Pictures struggles to compete with them head to head.
At some point we're going to see Sony getting aggressive in terms of M&A. This is the first time I've seen them with so much cash on hand; more cash on hand than debt.
Companies like WB Discovery, Skydance Paramount, T2... are going to be on their radar the larger they get. Only way Sony can survive is to grow.
If you're CEO you want to be the biggest tv/film company, the biggest music company, and biggest game company. That's not them today. Especially in the picture business, Sony probably has to buy someone in the next 10 years or sell out of the market.
"players who join PlayStation Plus during this year's celebration can save up to 33% on select 12-month memberships"![]()
Days of Play 2025 Deals
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From May 28 to June 11 in select regions, save on hardware and...
- GigaBowser
- Replies: 162
- Forum: Gaming Discussion
am I paying?are you happy paying more for a 6yo console and accessories?
Increased prices for consoles shouldn't affect you since you have one already but you should probably sell your PS5, you'll be happier that way.Really? Well I guess Sony is totally cool again with me. I mean, everyone's doing it. Can't be mad anymore.
They normally do one for people who are already subbed near the end of the year."players who join PlayStation Plus during this year's celebration can save up to 33% on select 12-month memberships"
Sony doesn't even allow current subs to get Ps+ discounts anymore.
Just don't buy it on principle- Just stop being poor bro
Yep. All this.Subscription services, Platform fee,Microtransactions,Hardware.
Poor Sony... they DO need more of our money. Are you telling me you'll accept yet another increase in console prices because it all serves to make Sony the first trillion dollar Japanese corp? That's some horrible brand loyalty if that's the case. And considering the length of your response, I bet you'd be happy to fork over the money.
It does though, on the gaming side.But…but Nintendo dominates Japan.
Before you fanboys celebrate
They barely release any games - and make more money than ever?
What DO YOU will management do with this info?
1. Make more games?
2. Make less games?
Oh I can easily understand dueling priorities. But I never will empathize with millionaires, billionaires, and rich corporations that make business decisions for short term shareholder gains above all else. Sony did a great job at masking their corporatism during the late ps3 and ps4 age. They seemed to all but drop the facade lately and are very much revealing they are the cold calculating corporation some people couldn't directly see.That't not at all what I said.
What's true for Sony doesn't mean it is a priority for consumers.
For some reason people really struggle to understand dueling priorities. The length of my response was to explain the thought process behind Sony's decisions and aspirations.
That's not at all to suggest that it's pro-consumer. I think it's funny that you can't make an argument based on facts and reality unless you're personally in favor of it and expect that from others.
Sell my PS5 to be happier? Man, sonysaleaGaf is a different beast. Why the gate keeping? I should give up my enjoyment of PlayStation and sell the system because I disagree with their pricing practices?Increased prices for consoles shouldn't affect you since you have one already but you should probably sell your PS5, you'll be happier that way.They normally do one for people who are already subbed near the end of the year.
It was all worth it Sony bros. Enjoy this victory. You did it.
I plan on drawing a bath and putting on the Cerny PS5 tech breakdown with a glass of my most premium wine.
I don't know if you've seen what's happening but prices are increasing...everywhere. Nintendo didn't went all the way and increased their games by 20 bucks no less. Assembling a great PC nowadays is laughable at how absurd everything costs as well. They are all doing it. It sucks.Considering they only got here by aggressively raising prices, fuck them.
I'm sure they'll raise prices again despite this massive success. They just can't go on without it. They're just a poor fragile company.
Oh I can easily understand dueling priorities. But I never will empathize with millionaires, billionaires, and rich corporations that make business decisions for short term shareholder gains above all else. Sony did a great job at masking their corporatism during the late ps3 and ps4 age. They seemed to all but drop the facade lately and are very much revealing they are the cold calculating corporation some people couldn't directly see.
Stock right now is at about $26 with a market cap of $160B. The stock price peaked at about $31 during the dot.com phase in 2000. This is all split adjusted.
Reason for all time high market cap is because they issued about 20%+ more shares (before the split) since then.
Congrats Sony. Your company is finally worth more than 25 years ago!
Sony got no money left, their debt is more than 2X their cash position
160 billion market cap for a conglomerate company with so many divisions is actually very mediocre
Not sure where you're getting that info from…I just looked at the financials that they published two weeks ago and their LT debt is less than their cash.
Can you please provide the link? That's not remotely close to what I'm seeing.I got data from Yahoo finance. Their cash is roughly 13 billion USD. Their debt is roughly 30 billion USD
Can you please provide the link? That's not remotely close to what I'm seeing.
Isn't Sony one of the few that haven't increased their prices yet?Considering they only got here by aggressively raising prices, fuck them.
I'm sure they'll raise prices again despite this massive success. They just can't go on without it. They're just a poor fragile company.
I agree, that's what I hope for too. But why on earth would they change strategy when it is proving to be super profitable?Good numbers. Congratulations. I hope they use those extra money to fund great single players exclusive, revive OG PS IP, and hopefully revive Japan studio. And I hope they stop porting there 1st and 2nd party exclusive to other platform. And I hope they stop this live service or gaas madness.
I've invested in Sony since I was a kid...they feeding, we eating!Congratulations shareholders![]()
Sony Market Cap Hits $160 Billion
It could have been bigger if there was no live service blunder since lost some money from those gaas blunder. And it could have been bigger if we saw more 1st and 2nd party exclusives which fans wants. Good thing brand loyalty is very strong and so many loyal and patient fans of PS bran. And Ps5, is to be honest, a very good hardware.I agree, that's what I hope for too. But why on earth would they change strategy when it is proving to be super profitable?
Playstation is on a roll!!! But for some reason, they'll stop making consoles LOL!
Sony got no money left, their debt is more than 2X their cash position
160 billion market cap for a conglomerate company with so many divisions is actually very mediocre
NOT One of these games was big enough to show any big changes in their financial report. Trolls were coming up with big numbers to push their own agenda & pretend like Live Service games was ruining PlayStation & that they needed to Fire the CEOs & so on but numbers never agreed with them.It could have been bigger if there was no live service blunder since lost some money from those gaas blunder. And it could have been bigger if we saw more 1st and 2nd party exclusives which fans wants. Good thing brand loyalty is very strong and so many loyal and patient fans of PS bran. And Ps5, is to be honest, a very good hardware.
Here you go again with this foolish talk. Stop looking lazily at only debt and cash on hand numbers. Try looking at debt to equity ratio and overall health of the company. Also, explain why is 160 billion mediocre in Sony's case.
That's not really it though. There's movies, theme parks etc. as well these days.Nintendo has: video game. THAT'S IT = 95 billion market cap
It was pennies.It could have been bigger if there was no live service blunder since lost some money from those gaas blunder.
Fans are not main market. They made on their whole gaas strategy way more money they lost, even opportunity lost of not concentrating on SP games.And it could have been bigger if we saw more 1st and 2nd party exclusives which fans wants. Good thing brand loyalty is very strong and so many loyal and patient fans of PS bran. And Ps5, is to be honest, a very good hardware.