JackSparr0w
Banned
Nope screw consoles and the mega corporations that control them.
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Sony FY22Q4 Earnings Report - 6.3m PS5 sold, 61% YoY growth (~340 HW growth)
- Thread starter reksveks
- Start date
GHG
Member
If it's the odd game and doesn't have any impact on what they do best then I don't mind. But if they go off on the deep end and make it their primary focus like pretty much every other publisher these days then I riot and you're all rioting with me.
akaFullmetal
Member
Wowza that actually hit the 6 mil goal after a holiday quarter, that's crazy. The rest of the numbers look good otherwise. Can't wait for the showcase this summer and rumored slim model this fall
Mr Moose
Member
Yes record sales for a console = stagnating based on my cherry picked data without context. And your sentiment is ridiculous.
And I hope you aren't comparing to PC when you talk about mega corps.. A series of de facto monopolies for Microsoft, nvidia, Intel and valve/steam.
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Mahavastu
Member
There are rumors that the PS5 slim will have no drive and there won't be a version with drive. You would have to buy the disc drive as an add on.
Anyway, if one can connect the disc drive add on to a current PS5 digital edition I would get one as upgrade...
Mahavastu
Member
No. There will be several multi player games which will be on PC day 1 I guess.
As long as there is are 1-2 years exclusivity for PS5 single player titles it is fine for me. So far those titles, which were sold full price on PC are usually available on PS+ or extremly cheap on PlayStation anyway.
Mr.Phoenix
Member
I look forward to the day when you realize, that regardless of your preferences, there is at least one or two mega corporations controlling whatever you are into.
Some are just more subtle than others.
DenchDeckard
Moderated wildly
So, we are thinking that the losses from hardware is coming from an increase in digital PS5 console sales?
Yet digital software sales stayed flat, so maybe the digital consoles are primes more to people who want to play free to play games like Warzone and Fortnite. Which does kind of make sense and it would explains Sony's eagerness to get behind Gaas titles.
Yet digital software sales stayed flat, so maybe the digital consoles are primes more to people who want to play free to play games like Warzone and Fortnite. Which does kind of make sense and it would explains Sony's eagerness to get behind Gaas titles.
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sachos
Member
6.3m PS5 sold
These are insane numbers wtf
DenchDeckard
Moderated wildly
How do they post these kinds of numbers and their share price is down 6 percent?
I don't understand the stock exchange at ALL!
I don't understand the stock exchange at ALL!
MasterCornholio
Member
NeonGhost
uses 'M$' - What year is it? Not 2002.
There more to Sony then just the gaming division
DenchDeckard
Moderated wildly
So, did everything else fail miserably or something?
Microsoft is like 10% up after their earnings call and all the ABK news yet Sony is down...I'm stumped!
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GHG
Member
It was priced in already. The stock, was up over 10% since the end of February.
The stock was already up in anticipation of the news and then some (there was also a big surge yesterday after the activision news). Everyone knew PS5 hardware was selling well so it's come as no surprise to those managing the amounts of money necessary to move the market.
So unless Sony reported something that was a positive surprise financially it's time to take profits (10% since Feb is a very nice return) and move on to the next opportunity, let the Johnny come lately's (retail investors) hold the bag and eventually sell back to them at lower prices.
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Because it's not about console sales, they issued a conservative profit forecast for the next fiscal year. Current CFO prefers to be conservative at the beginning of the fiscal year and then upgrade the forecast later.
Some short term investors who don't get it (or are just into it to make quick profits), go into panic mode over the possibility that growth is over and they sell.
They'll come back at the first profit report that surpasses expectations.
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thicc_girls_are_teh_best
Gold Member
Just waw.
So 38.5 million PS5s against 19.5 million (if going by Ampere's figures) Series
Imagine the gap if going by sold-through
Eotheod
Member
You linked to a movie flopping, what the heck does that have to do with video games?
Morbius Out-Flops Itself, Viral Twitter Memes Blamed
Sony execs have to be embarrassed.www.vulture.com
Probably because they didn't release any this Q?
thicc_girls_are_teh_best
Gold Member
Debatable.
Also debatable.
Technically true.
There is probably a problem with the way they have their wafers allocated for S APUs and X APUs, and it's not easy to change that.
Maybe but the devs & pubs also have to want to take those deals and Xbox as a brand isn't looking very hot these days.
Not much will change as long as the main standing guard of Xbox upper management are still present. Unless they can show they're able to seriously turn things around.
Though at this point, "turn things around" probably means doing things people still invested in the console war, aren't going to like.
Luigi Mario
Member
For someone who wishes for the death of home consoles and handhelds these kind of mental gymnastics are not surprising but ultimately still embarrassing.
Unknown?
Member
But you use a shitty OS on your PC that's controlled by a mega corp!
Eotheod
Member
My question is, how do we gauge trajectories from the big companies on whether they are going to fuck with consumers due to market share power? I don't expect Sony to throw a thong at PlayStation machine anytime soon, but typically with dominance comes ignorance due to status quo of choice. Things like less investment in more typically risk adverse options, higher prices because they can and because they can gain more profits or pushing certain acquisition boundaries.
I'm not here dooming and grooming that Sony is going to suddenly fuck with the goose and we'll all pay for not supporting poor Xbox, that's just pure gamer fuel stupidity. I'm just trying to engage in forethought that while speculative in nature has some potential to it.
I'm not here dooming and grooming that Sony is going to suddenly fuck with the goose and we'll all pay for not supporting poor Xbox, that's just pure gamer fuel stupidity. I'm just trying to engage in forethought that while speculative in nature has some potential to it.
xiskza
Member
bender
What time is it?
Poltz
Member
It's over. GG Phil. Covid kept Xbox close to PlayStation but it's a wrap.Just waw.
So 38.5 million PS5s against 19.5 million (if going by Ampere's figures) Series
Imagine the gap if going by sold-through
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Mr Moose
Member
They listened to social media (who were memeing) and re-released it for it to flop extra hard, twice.
Varteras
Gold Member
Even if Xbox left the market tomorrow, Nintendo and PlayStation would still contend with each other. Meaning the console market would still not be in a monopoly, and both companies would have to concern themselves with making stupid moves.
From what I understand, the CMA noted that despite Nintendo not having access to big third-party franchises like Call of Duty, it's thriving. Switch is selling more than any other console besides PlayStation 2. A direct result of their very strong first party offerings and creative maneuvers on their hardware. This is one of the reasons they doubted Sony's concerns for the console space in the ABK deal. Concerns that were ultimately dismissed.
Even though some will try to point to Sony being the only high-end console manufacturer, should Xbox leave, they completely overlook that Nintendo is the only low-end console manufacturer and no one sees a problem with that. Because there isn't one. If developers and gamers start feeling that they're getting a very bad shake out of Sony, Nintendo will remain an option to play on and develop for. Sure, the games won't be the same. That doesn't mean they'll be worse.
PC gaming is also still an option if the console market gets ugly and pricey. Devices like SteamDeck have also shown it is possible for PC gaming to be on-the-go and more friendly to a casual audience. Mobile gaming is also an option, with an increasing amount of mobile games being robust experiences. Not yet akin to current console or PC titles, but getting there. Then you have stand-alone VR headsets like Quest and potentially Valve's upcoming device.
This also completely neglects the potential for another company to try their luck at filling in the spot left behind by Xbox, as well as ignoring the emergence of cloud gaming. Even without Xbox, the market is robust and with many gaming options. Xbox isn't necessary. It's another option that has largely just been a foil to PlayStation specifically in the console space for many years now.
Tommi84
Member
Invalid.
They have two COMPLETELY different SKUs so they literally need two different assembly lines. Now compare this to PS5 where the difference is close to one side panel and an optical drive difference
Just waw.
So 38.5 million PS5s against 19.5 million (if going by Ampere's figures) Series
Imagine the gap if going by sold-through
I was just trying to explain that it was going to look bad when the numbers come out because even in a best case scenario it was going to look like 20 million to 40 million at a glance.
Even worse there is no sign that Xbox will turn things around in the next few months
DenchDeckard
Moderated wildly
FrankWza
Member
TLZ
Banned
What? I'm talking about the Switch's first years, when some were saying it had major shortages. When sales blew up later no one mentioned "pent up" sales. But it's the case now for PS?
El Pistolero
Banned
Even then, MS would simply decide to target Capcom, Sega or From. Sony can not protect all of its partners, short of massively investing in all of them, or getting the japanese government to intervene (they won't)...
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Elder Legend
Banned
This is Sony right now at their HQ.
Varteras
Gold Member
Exactly. Which is why I think Sony has probably already laid out a plan internally for what to target in the event this gets ugly. They already own 14% of FromSoft and have a capital alliance with Kadokawa. I certainly see them securing SE first and foremost. Probably major investments in Capcom. Bandai, Konami, and Sega may be protected entities under Japan's investment laws where a foreign entity can only own 33% of them at best. They have ventures beyond gaming. As I understand it, Square Enix and Capcom are not at all protected in that way. But they are still family run businesses. Not easy to convince them to sell.
That being said, I don't think Sony will go after any major Western companies. Too pricey, often too bloated, and some of them, like Ubisoft and CD Projekt, have said they don't want to be bought and are going to lengths to secure themselves.
bitbydeath
Member
And Sony just shipped 19m in a year.Just waw.
So 38.5 million PS5s against 19.5 million (if going by Ampere's figures) Series
Imagine the gap if going by sold-through
PS5 shipped 19m units in FY2022, games revenues up 33% to $26.5bn
Sign up for the GI Daily here to get the biggest news straight to your inbox PlayStation 5 shipped 19 million units in …
www.gamesindustry.biz
Mr.Phoenix
Member
I am confused... even if this were the case? Why does it matter? Is it Sonys fault there isn't pent-up demand for some other product?
Seriously though... why does this matter? This is like watching some bitter person watching a race and saying the winner didn't really win, but that everyone else was just slower than him.
Baki
Member
I think Xbox will ship between 6-8M XB this year. Potentially they will be outsold by 3 or 4:1 this year if PS5 hits the 25M milestone.Just waw.
So 38.5 million PS5s against 19.5 million (if going by Ampere's figures) Series
Imagine the gap if going by sold-through
Based on their FY call, they also mentioned large R&D investment into PlayStation and their cloud ambitions. We might see PS5 cloud streaming this FY.
Personally, I am wishing for a PSP 3 with AMD Z1 extreme. I hope some of the R&D budget is for this.
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DenchDeckard
Moderated wildly
Nah, we need xbox to keep Sony in check. Same for MS needing Sony. Someone needs to be in the high end console space or we are cucked.
The switch didn't launch in a global pandemic where demand and shortages were wild on a global scale. Its completely apples to oranges.
Varteras
Gold Member
Maybe I want to be CUCKED, Dench! Did you ever think of that?! What about MY feelings?!
Alex Scott
Member
Will Sony respond to Senator Cramer by May 1st in couple of days?
Are they legally required to?
Are they legally required to?
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Unknown Soldier
Member
It honestly feels like after almost 3 years, this gen is finally getting started.
FFXVI is the first true no PS4 version game, it's going to be a monster in June.
FFXVI is the first true no PS4 version game, it's going to be a monster in June.