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Businessweek: "Sony Bounces Back"
- Thread starter Kleegamefan
- Start date
Magicpaint
Member
Good news for Sony. 
Battersea Power Station
Member
Now I have to check your post history to see if you're sarcastic.Defuser said:
EDIT: Oh, snap, you're not.
DCharlie
Banned
Lynni'vepiercedmyfootonaspiiiiiiiiiiiiiiiiiiiiiiike
hold on, they were sub 1% last quarter, now they are on track to nail a 5% profit margin.... in 12 months time?
i'm not saying they won't ... just strikes me as a little odd - and weren't we talking Shipped not sold? I think the streets of Japan are testiment to the 'they'll sell what they ship' thing being perhaps a little off.. ?
http://youtube.com/watch?v=t8_8_ABQicQDCharlie said:
Lynni'vepiercedmyfootonaspiiiiiiiiiiiiiiiiiiiiiiike
Kabuki Quantum Lover
Member
DCharlie said:
Lynni'vepiercedmyfootonaspiiiiiiiiiiiiiiiiiiiiiiike
:lol
mckmas8808
Mckmaster uses MasterCard to buy Slave drives
Why is this thread so small?
Rancid Mildew
Banned
Well, after a certain point, there's no where to go but up. :lol
I think Sony deserves a round of applause though. Many, including myself, thought its descent would go on a bit longer.
I think Sony deserves a round of applause though. Many, including myself, thought its descent would go on a bit longer.
Kung Fu Jedi
Member
The good news has nothing to do with the PS3 actually, it's that they are on track to be profitable again. That's the best thing that can happen to Sony, or any other company.
Now if PS3 sales continue to go as expected, and Blu-Ray increases it's sales as well, Sony may indeed have turned the corner. Their LCD TV line has been doing well for awhile now.
Now if PS3 sales continue to go as expected, and Blu-Ray increases it's sales as well, Sony may indeed have turned the corner. Their LCD TV line has been doing well for awhile now.
Defuser said:
So we have this warm and fuzzy PR piece that makes a pretty big stretch to call PS3 a success, but doesn't even mention anything positive about Blu-Ray. Does this mean they are already managing our expectations regarding its limited adoption rates?
(hey, you wanted spin)
Haunted_One said:You sound like an official Sony PR speaker.
I feel real guilty about the starving children of poor Sony employees, but I'm in Europe, so I'm not allowed to import a PS3.
But the games are region free at least, so you'll have a pretty nice library to choose from when you guys are able to get it. What's the PS3 launching with in Europe anyways?
Haunted
Member
The line-up is looking really solid, actually. That's the postitve trade-off for being the last to get it.Mojovonio said:
What I want to know is how many will Europe get? With production issues sorted out, they should pump these ****ers out as fast as they can. Say what you will, BOHICA etc. if it comes to Sony's treatment of Europe, but the PS3 is still very much anticipated. Sony's got the mindshare here in Germany. Playstation = gaming and all that.
Pristine_Condition
Member
So does is this news/stock bump enough to leave Stringer safe in the big chair @ Sony?
I was sure the shareholders were ready to pull the plug on him last week.
Place yer bets!
I was sure the shareholders were ready to pull the plug on him last week.
Place yer bets!
Haunted_One said:The line-up is looking really solid, actually. That's the postitve trade-off for being the last to get it.
What I want to know is how many will Europe get? With production issues sorted out, they should pump these ****ers out as fast as they can. Say what you will, BOHICA etc. if it comes to Sony's treatment of Europe, but the PS3 is still very much anticipated. Sony's got the mindshare here in Germany. Playstation = gaming and all that.
I really don't see production as being a problem unless they run into PAL issues.
PhoenixDark
Banned
Didn't Sony lower their forecasts previously? And now they'e met them, or are on track to do so.
I can't say I'm impressed. "Sony Bounces Back" is far too much of a hyperbolic statement, especially considering what's happening. They still have shortages, an expensive console they're losing tons of money on, and losing exclusive software...yet, Sony is Bouncing Back. No.
It's not even about disliking Sony. I imagine if you really really like Sony you could read that one paragraph and sleep better at night; and likewise if you hated Sony you could read it and dismiss it. But from a business perspective, not clouded by fanboy bullshit, Sony hasn't bounced back from anything. I can't help but think that "5% profit margin" pertains to Sony the company, not PS3 the system. Because from where I'm standing, the PS3 won't be profitable anytime soon.
Remember the 360 drought that lasted all spring, despite analyists constantly declaring it over? Well the same thing is going to happen to the PS3. Like the 360, the PS3 is simply not at a mainstream price, and without the Christmas boost it'll have trouble. Especially at $600.
I can't say I'm impressed. "Sony Bounces Back" is far too much of a hyperbolic statement, especially considering what's happening. They still have shortages, an expensive console they're losing tons of money on, and losing exclusive software...yet, Sony is Bouncing Back. No.
It's not even about disliking Sony. I imagine if you really really like Sony you could read that one paragraph and sleep better at night; and likewise if you hated Sony you could read it and dismiss it. But from a business perspective, not clouded by fanboy bullshit, Sony hasn't bounced back from anything. I can't help but think that "5% profit margin" pertains to Sony the company, not PS3 the system. Because from where I'm standing, the PS3 won't be profitable anytime soon.
Remember the 360 drought that lasted all spring, despite analyists constantly declaring it over? Well the same thing is going to happen to the PS3. Like the 360, the PS3 is simply not at a mainstream price, and without the Christmas boost it'll have trouble. Especially at $600.
krypt0nian
Banned
See what happens when I buy one? I am teh Sony Savior!
According to this AP article, Sony had three targets:
1) 2 million worldwide by the end of the year
2) 1 million in North America by the end of the year
3) 1 million in Japan by the end of the year
They missed #1 and #3 by ~500k, and had to divert consoles from Japan to meet their North America target.
1) 2 million worldwide by the end of the year
2) 1 million in North America by the end of the year
3) 1 million in Japan by the end of the year
They missed #1 and #3 by ~500k, and had to divert consoles from Japan to meet their North America target.
PhoenixDark said:
Yep, sure. Sony is DOOMED.
Yet they shipped 1m units, beating out the original PS2 launch. Speaking of PS2, how was it's holiday? PSP had a good holiday too? Ever hear of Portable Ops?
OMG, Sony has good news! Let's SPIN it!
And from what I understand, when has MS been profitable with their console? :lol
DeaconKnowledge
Member
KTallguy said:
Um, what?
PhoenixDark
Banned
KTallguy said:
Brilliant.
Tenacious-V
Thinks his PR is better than yours.
KTallguy said:
That has nothing to do with this thread.
krypt0nian
Banned
KTallguy said:
You may want to take some time and wonder why you care so much. wow. meltdown imminent.
PhoenixDark
Banned
KTallguy said:
No one is suggesting anything of the sort. But please don't act like it was a success either when Sony cut shipments due to problems, and then apparently cut forecasts thus leading up to this "good" news.
And is MS profiting? No. Why you brought them up is beyond me, althought I have a guess.
Ynos Yrros
Banned
6% up? Selling PSPs, PS2s and PS3s? SONY IS DOOMED!
PhoenixDark said:
You fail to take into account other parts of their business. Their movie business had a banner year, and with movies like Spiderman on the horizon it looks like another good year for that operation. In all honesty, the gaming division right now poses the biggest risk for Sony. Stringer and Co have straighten out most of their other divisions and returned them to some semblance of profitability. It just so happens that the operation that carried them through those "lean" years faces its toughest battle yet. This is more an article about Sony as a whole than it is on the PS3.
Edit: Companies lower expectations all the time, and then they beat those lowered expectations and everyone smiles. Under promise and over deliver is what someone once said.
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