Results 1 to 29 of 29
Like Tree6Likes
  • 4 Post By RaY_210
  • 2 Post By D Moness

Thread: Sony returns to profit for the first time in 5 years.

  1. #1
    Senior Member sJagstang's Avatar
    Join Date
    Nov 2012
    Posts
    596

    Sony returns to profit for the first time in 5 years.



    Here's the full article:

    Sony is not anticipating to make a loss with the launch of the PlayStation 4.
    During a earnings call today, Sony CFO Masaru Kato stated, "Unlike PS3, we are not planning a major loss to be incurred with the launch of PS4."

    Kato's prediction (caught by Eurogamer) is mainly down to PS4 using a chip that has required much less R&D and investment by the company.


    "At the time we developed PS3, we made a lot of in-house investments to develop the chip – the Cell chip," said Kato.

    "Development of the chip saw the silicon processing and all the facilities invested by us ourselves.


    "Yes we have a team working on chip development – but we already have existing technology to incorporate and also product investment and all the facilities will now be invested by our partners, other foundries, so we don't have to make all the investment in-house."


    The company's net income was 42.8 billion yen (roughly $436 million). While this isn't huge, it's a healthy improvement considering the huge losses of a year ago, and it's the first time the company has been in profit since 2008. Not too shabby for Kaz Hirai's first year in charge of the whole company.


    Meanwhile, in the games segment sales were down 12.2% and operating income (a measure of a film's profit excluding taxes and interest) was down by 94% to $18 million.


    Combined sales of PS3 and PS2 consoles have fallen to 16.5 million from 18 million last year. This isn't surprising though, factoring generation fatigue and the announcement of the PlayStation 4. Sony's portables – PSP and Vita – sold 7 million units, which is a slight improvement on the 6.8 million sold last year. While up, it's worth noting that the Vita's price-cut in Japan (Feb 2013) undermined the fact more units were shifted, earning Sony less money overall.


    The report is optimistic about the future of the company's game business: "Sales are expected to increase significantly primarily due to the planned introduction of the PlayStation 4 in the fiscal year ending March 31, 2014. Operating income is expected to be essentially flat year-on-year primarily due to an increase in research and development expenses and marketing expenses related to the introduction of the PS4."



  2. #2
    Senior Member scotto46's Avatar
    Join Date
    Mar 2013
    Location
    GA
    Posts
    1,913
    so, since they are using pc parts and tech, they are saving lots of money vs. the cell?
    Rabbid gamer since the pong days, drummer for Sonic Chaos, computer geek, Nintendo fan...

    Nintendo Id "whee_U"
    3ds code
    3067-6428-5258
    Official sponsor of PWii4U this gen...
    Disclaimer : All posts made by scotto46 are for entertainment purposes only.
    hear me at
    https://www.reverbnation/sonicchaos



  3. #3
    Senior Member sJagstang's Avatar
    Join Date
    Nov 2012
    Posts
    596
    Seems so yeah, They probably spent a ton of R&D for the cell technology back then.

  4. #4
    Part-time ***** Member RaY_210's Avatar
    Join Date
    Jan 2013
    Location
    San Antonio, Tejas
    Posts
    4,946
    Nintendo NID
    RayU84
    Well good for them. I wouldn't want to see them drop out of console manufacturing. Microsoft, on the other hand...




    ​With my last breath, I curse Zoidberg!!!

    *if you add my NNID, try to go through Miiverse so I get a notification, and let me know it's from Wii U Forums

  5. #5
    Moderator Desend's Avatar
    Join Date
    Apr 2013
    Location
    New Brunswick, Canada
    Posts
    5,502
    Nintendo NID
    Desend
    I don't know. I have the PS3 and really the only thing I use it for is streaming media and Netflix. I have a bunch of games for it but just couldn't stand the poor development side of them. I know this is not Sony's fault. I never did play Ni No Kuni though, I heard this was a great title. Maybe I'll give it a go this week sometime.
    Nintendo 3DS Friend Code: 2337-3603-7726
    Nintendo Network ID: Desend
    Feel free to add me, just let me know so I can also add you!

  6. #6
    Bringer Of Bantz jw224's Avatar
    Join Date
    Oct 2012
    Location
    Glasgow, Scotland.
    Posts
    7,816
    That's good, hope it keeps up for them, they've been bleeding money for ages.
    Proud winner of the unofficial 2016 "most likely to bring the bantz" award.

    Quote Originally Posted by aMarioFan64 View Post
    No, Bantz is life.

  7. #7
    Senior Member
    Join Date
    Jan 2013
    Posts
    16,810
    Not to rain down on this good news but the main reason they have been in the black again is due to this


    if you compare that to the $436 million net income, sony isn't as strong as they look.
    Leeroy and Billy Mitchell like this.


  8. #8
    Bringer Of Bantz jw224's Avatar
    Join Date
    Oct 2012
    Location
    Glasgow, Scotland.
    Posts
    7,816


    Noooooooooooooooooo!!!!!!!!!!!!!
    Proud winner of the unofficial 2016 "most likely to bring the bantz" award.

    Quote Originally Posted by aMarioFan64 View Post
    No, Bantz is life.

  9. #9
    Senior Member
    Join Date
    Nov 2012
    Posts
    466
    There is no way in hell $ony hasn't been profitable the last 5 years, the money they make off their mu$ic and movie$ is insane.

  10. #10
    Part-time ***** Member RaY_210's Avatar
    Join Date
    Jan 2013
    Location
    San Antonio, Tejas
    Posts
    4,946
    Nintendo NID
    RayU84
    Yikes! Selling and they don't even have another HQ yet? That can't be good




    ​With my last breath, I curse Zoidberg!!!

    *if you add my NNID, try to go through Miiverse so I get a notification, and let me know it's from Wii U Forums

  11. #11
    Senior Member scotto46's Avatar
    Join Date
    Mar 2013
    Location
    GA
    Posts
    1,913
    all depends on how much they spend. if you give it all away via high salaries, then it could easily lose money.
    Rabbid gamer since the pong days, drummer for Sonic Chaos, computer geek, Nintendo fan...

    Nintendo Id "whee_U"
    3ds code
    3067-6428-5258
    Official sponsor of PWii4U this gen...
    Disclaimer : All posts made by scotto46 are for entertainment purposes only.
    hear me at
    https://www.reverbnation/sonicchaos



  12. #12
    Senior Member
    Join Date
    Jan 2013
    Posts
    16,810
    They weren't really using the one they sold, and it was really expensive to keep it. So selling it is a good move. Still they have to do their best to still have a profit when the 2013 fiscal year ends. This time they do not have a headquarters sale to save them from loss.


  13. #13
    Senior Member
    Join Date
    Nov 2012
    Posts
    466
    Well if you think like that, most companies show no profits, so they don't have to pay taxes.

  14. #14
    Senior Member scotto46's Avatar
    Join Date
    Mar 2013
    Location
    GA
    Posts
    1,913
    thats correct, swampy - so who knows if they really have an issue cash flow wise or not.
    wonder what their ebitda is?
    Rabbid gamer since the pong days, drummer for Sonic Chaos, computer geek, Nintendo fan...

    Nintendo Id "whee_U"
    3ds code
    3067-6428-5258
    Official sponsor of PWii4U this gen...
    Disclaimer : All posts made by scotto46 are for entertainment purposes only.
    hear me at
    https://www.reverbnation/sonicchaos



  15. #15
    Senior Member
    Join Date
    Jan 2013
    Posts
    16,810
    I sucked at economy at school but somehow i do not think it works that way. Income + expenses = profit or loss but they still have to pay taxes on the money that comes into the company(income (as far as i know)).


  16. #16
    Vicar of Christ Leeroy's Avatar
    Join Date
    Jul 2012
    Location
    Near far wherever you are
    Posts
    7,016
    Has nothin on what they lose from every other part of buissines that they do.





    Sorry but this is like nothing compared to the insane amount of debt they have. That plus what d monnes said, it's not nearlyas good as it seems it
    NNID: Folofus

    The Jew fears the Samurai

  17. #17
    Senior Member scotto46's Avatar
    Join Date
    Mar 2013
    Location
    GA
    Posts
    1,913
    i dont follow their finances - did they have to bankroll the ps3?
    Rabbid gamer since the pong days, drummer for Sonic Chaos, computer geek, Nintendo fan...

    Nintendo Id "whee_U"
    3ds code
    3067-6428-5258
    Official sponsor of PWii4U this gen...
    Disclaimer : All posts made by scotto46 are for entertainment purposes only.
    hear me at
    https://www.reverbnation/sonicchaos



  18. #18
    is YOUR Daddy! DeviousOne's Avatar
    Join Date
    Dec 2012
    Location
    Orlando Fl
    Posts
    15,259
    Nintendo NID
    DeviousOne
    Sony will be fine....im sure the will move alot of PS4's lol
    (((Post King)))


    Nintendo ID: DeviousOne

    DeviousOne's Reviews:
    Wii U: Nintendo Land New Super Mario U

  19. #19
    Vicar of Christ Leeroy's Avatar
    Join Date
    Jul 2012
    Location
    Near far wherever you are
    Posts
    7,016
    Either way they lose though, if they sell at a loss they don't get enough money, if they do t noone buys it
    NNID: Folofus

    The Jew fears the Samurai

  20. #20
    Senior Member
    Join Date
    Mar 2013
    Posts
    6,731
    The ps3 is an impressive system. Sony also had some great first party games ! I am glad they seem tonhave their act together overall. I have to say I wm not sold on streaming of games

  21. #21
    is YOUR Daddy! DeviousOne's Avatar
    Join Date
    Dec 2012
    Location
    Orlando Fl
    Posts
    15,259
    Nintendo NID
    DeviousOne
    Rumors are suggesting they will not be selling it at a loss however the manufacturing cost of it are dramatically less that the PS3 when it was first release. Even if they sell it at a lose they will be bringing alot of games to the table so will 3rd party companies
    (((Post King)))


    Nintendo ID: DeviousOne

    DeviousOne's Reviews:
    Wii U: Nintendo Land New Super Mario U

  22. #22
    Vicar of Christ Leeroy's Avatar
    Join Date
    Jul 2012
    Location
    Near far wherever you are
    Posts
    7,016
    That sure has Been working for wii u....
    NNID: Folofus

    The Jew fears the Samurai

  23. #23
    is YOUR Daddy! DeviousOne's Avatar
    Join Date
    Dec 2012
    Location
    Orlando Fl
    Posts
    15,259
    Nintendo NID
    DeviousOne
    Whats been working for Wii U? We havent been getting any damn games lol
    (((Post King)))


    Nintendo ID: DeviousOne

    DeviousOne's Reviews:
    Wii U: Nintendo Land New Super Mario U

  24. #24
    Senior Member
    Join Date
    Mar 2013
    Posts
    6,731
    Well the wiiu is sold at loss yet third parties are not supporting the wiiu. Why do you think selling the ps4 at a loss will help them get third party support?

  25. #25
    Part-time ***** Member RaY_210's Avatar
    Join Date
    Jan 2013
    Location
    San Antonio, Tejas
    Posts
    4,946
    Nintendo NID
    RayU84
    Because if they're not making them for the Wii U, then they have to be making them for the PS4 lol




    ​With my last breath, I curse Zoidberg!!!

    *if you add my NNID, try to go through Miiverse so I get a notification, and let me know it's from Wii U Forums

  26. #26
    Senior Member
    Join Date
    Mar 2013
    Posts
    6,731
    Ha ha well unfortunately that's probably true!

  27. #27
    Vicar of Christ Leeroy's Avatar
    Join Date
    Jul 2012
    Location
    Near far wherever you are
    Posts
    7,016
    No they don't lol
    NNID: Folofus

    The Jew fears the Samurai

  28. #28
    Moderator GameNChick's Avatar
    Join Date
    Nov 2012
    Posts
    94,171
    Nintendo NID
    Nightsillusion
    Much like the first year or more of PS3 lol

    hopefully Sony doesnt repeat this with the PS4, with the amount of debt they're in, they really cant afford to have PS3 launch with the PS4
    ((( Playing With Power )))
    booga booga
    Nintendo Network ID: 0047-7271-7918
    XBOX Live: Nights illusion
    PSN ID: GameNChick
    #ConsoleLivesMatter

  29. #29
    Vicar of Christ Leeroy's Avatar
    Join Date
    Jul 2012
    Location
    Near far wherever you are
    Posts
    7,016
    they can't afford anything less than spectacular really
    NNID: Folofus

    The Jew fears the Samurai

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •