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Sony: "We have not changed the production number for PlayStation 5"

Oct 26, 2018
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This made investors nervous, tanked their stock price, and made potential customers panicked and angry, they had every reason to squash it by any means necessary.
Another nice day for tech stocks today. Oh wait.

Sony Corporation (SNE)
NYSE - Nasdaq Real Time Price. Currency in USD


76.43-1.29 (-1.66%)
As of 3:50PM EDT. Market open.
 
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Kerlurk

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May 1, 2020
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So all other reports about them ramping up production are false too?

That article:
Sony Boosting Output of PlayStation 5 to Meet Surge in Demand
By Takashi Mochizuki
July 14, 2020, 9:30 PM PDT

The same guy who reported on the drop, and using this similar blurb:
"according to people familiar with its plans."


Sony never stated that increase was correct.
 

Abriael_GN

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Feb 26, 2019
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So does that mean the rest of what bloomberg said is BS? Price too?

The price was presented as their Analyst's analysis so it has been nothing more than hot air to begin with. They couldn't get away with presenting it as "anonymous sources" because it'll probably be officially announced tomorrow. Can't claim "anonymous sources" when you risk getting debunked by the official announcement 24 hours later.
 
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Klayzer

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Nov 17, 2018
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If there was any validity to the report, they would have stayed quiet as they usually do.

Imagine defending charlatans like Bloomberg, lol. 😂
The trolls are polishing up their alt accounts for an epic assault tomorrow. To quote Trump "It will be the greatest attack ever seen". Any bets on how many bans tomorrow?
 
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RedCarp04

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Feb 24, 2018
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I wouldn’t call Bloomberg article a fud, there might have been some reports/rumours about it, but they usually are more careful with stuff they publish. Sony response is probably forced by shareholders, I am guessing that these news made it through to eg. Bloomberg terminal and might have affected Sony stock prices/trading.

They didn't deny the SoC issues and refuse to comment on that. Really all they said they aren't LOWERING thier production. Which doesn't mean much if they aren't able to meet the said production. So very coporate PR way to address shareholders while not addressing the root issue.
 
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Abriael_GN

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They deny of the SoC issues and refuse to comment on that. Really all they said they aren't aren't LOWERING thier production. Which doesn't mean much if they aren't able to meet said production. So very coporate PR way to address shareholders while not addressing the root issue.

Imagine continuing to defend Bloomberg's charlatan-in-chief. 😂

The report explicitly claimed they had lowered production targets.
 
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Thirty7ven

Sony make cringe trainers.
Apr 13, 2020
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They didn't deny the SoC issues and refuse to comment on that. Really all they said they aren't LOWERING thier production. Which doesn't mean much if they aren't able to meet the said production. So very coporate PR way to address shareholders while not addressing the root issue.

If they haven’t changed production targets... doesn’t that answer the question directly? Everything else is just noise.
 

Md Ray

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Where are the usual suspects now?
 

Journey

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We're going to find out anyway if there are shortages or not, not sure why this needed a response from them, if anything the shortage fears would spark more pre-orders.

Am I right or am I right?
 

CatLady

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Jun 12, 2018
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Probably. Bloomberg just pulls random shit out their arse, smells it, then if it smells good, makes an article about the stink.

I think the PS5 BOM was BS too.

No kidding! Bloomberg isn't Kotaku, It's supposed to be a reliable news & business source not a gaming rag that runs with rumors posted on GAF, ReeAsylum and Twatter.

We should be able to rely on information they report, but apparently NOT. This is disgusting and I don't trust their info on the estimated BoM for consoles either, in fact I don't trust their information on ANYTHING now.
 

Kerlurk

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May 1, 2020
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Lets see if we can keep track:

April 2020: Bloomberg (author: Takashi Mochizuki) reported 5 to 6 million by March 2021.
July 2020: Bloomberg (author: Takashi Mochizuki) reported 10 million by end of year, and Nikkei Asian Review indicated 9 million.
Sep 2020: Bloomberg (author: Takashi Mochizuki) reported cut from 15 million to 11 million by March 2021.

Bloomberg's reporting has been spotty in terms of periods involved, and where did they get the 15 million figure from? They never reported on it, till they mentioned the drop.

I've checked Sony's recent financial's and Sony has released no guidance on PS5 expected production numbers.
 
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ethomaz

is mad because DF didn't do a video on a video of a video of a video on PS5
Mar 19, 2013
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So FUD because Sony has a show tomorrow lol
 

danielJackson

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Jun 18, 2020
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Told you so. 😎

Because ps4 were supply constraited, it is possible that it would have sold 15m too.

It took 2-3 months here after the launch to see ps4 on stores kind of normally. And I had to check tens of local/european sites constantly to find one console, took me at least a week or two after the launch to find one in France Amazon

Meanwhile switch were available always on launch/after it. (It were sold out on us/japan and some places, ps4 sold out globally so it were really popular even compared to super popular switch)

So, it is pretty sure that PS4 would have sold more if it would be always available. How much more? My guess is +10m total easily
 
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JLB

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Dec 6, 2018
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Well yeah, the fast response is reasonable because it has impact on the market value and forecasts.
 
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Jose92

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Not a fan of Grubb or anything but all he was doing was speculating on the bloomberg article.
Yes, I agree he was speculating. But if you, I mean grab, say technical jargon you don't understand to a wide following of people you gained by leaking dates and times of event across the summer gaining their trust as an "insider". Whom are likely to spread your "speculation".

I believe the journalist who want to be impartial has to understand whatever they say could be taken out of context and spun as a negative thing for brand x or z.

If he had years of experience in research and development as a design engineer or an integration engineer or as a specialist in the field, I would take his words more seriously. But he is someone with no technical background talking out of his ass.

Anyway this is my opinion
 
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ANIMAL1975

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The RROD had nothing to do with anything but solder/production.
The YLOD is capacitors , easily replaced (Solder issue as XBOX was an assumption and years later still persists as "common knowledge")

The worst issues ever with any playstation console have been the fragile early Playstation 1 disk drive laser actuation assemblies and the
lasers on the playstation 2, basically.... Then the YLOD on the fat PS3 which eventually happens to mostly all of them because its capacitors
and they simply fall out of spec after time passes.
You haven't read the other FUD thread have you?....
 

ethomaz

is mad because DF didn't do a video on a video of a video of a video on PS5
Mar 19, 2013
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AMD just said the production is going like they expected.

Now we just need TSMC words.
 
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CatLady

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Another nice day for tech stocks today. Oh wait.

Sony Corporation (SNE)
NYSE - Nasdaq Real Time Price. Currency in USD


76.43-1.29 (-1.66%)
As of 3:50PM EDT. Market open.

Can Bloomberg get in trouble legally for this or can Sony sue them? This isn't fanboy console warring BS when an outlet that is primarily devoted to financial and stock market news reports false information that causes a publically traded company's stock price to drop.
 
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LordOfChaos

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Mar 31, 2014
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There was a huge transaction today right around a low point, around 72k shares. My bet is someone is fucking with the price to get in before SNE recovers...That writer needs an investigation if this story was bullshit as Sony said.
 

Goro Majima

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Seems like Sony should actually try to get ahead of the rumor mongering and actually let us know what the hell is happening tomorrow.
 

Robins

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Can Bloomberg get in trouble legally for this or can Sony sue them? This isn't fanboy console warring BS when an outlet that is primarily devoted to financial and stock market news reports false information that causes a publically traded company's stock price to drop.

Very true

If someone shorted right before the article went live or made a purchase afterwards. Someone could have made some decent money.
 
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Eliciel

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At the beginning already... 1 minute mark or so.
It's just interesting why such a report would surface then. These kind of reports make huge changes in minute/hours on stock exchange...
If you think about the fact that some people try to make 7% per year on average at stock exchange a change of 2-3% is really a lot.
Sometimes I am asking myself how controlled all of these things are by the end of the day.
 

ethomaz

is mad because DF didn't do a video on a video of a video of a video on PS5
Mar 19, 2013
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Brazil
It's just interesting why such a report would surface then. These kind of reports make huge changes in minute/hours on stock exchange...
If you think about the fact that some people try to make 7% per year on average at stock exchange a change of 2-3% is really a lot.
Sometimes I am asking myself how controlled all of these things are by the end of the day.
I have no ideia but there are a lot of big investigations about these subjects that are illegal... you can't create "news" to artificially change the shares of a company to own beneficies.
 
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GHG

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Nov 9, 2006
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At the beginning already... 1 minute mark or so... "I can't talk about specific products but the ramp is where we expected it to be".

Thanks man, some really interesting stuff regarding Zen 3 in there as well.

AMD stock 💪🏾
 

supernova8

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Jun 2, 2020
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And you get this fud merchant saying this lol.


Anyway for sony to come out and make a statement says a lot.

Pulling shit out of his arse. It's one thing for us nobodies to do it but he's someone who gets taken seriously by a lot of people (unfortunately).