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Next-Gen Shift Costing Sony and Microsoft
The shift to the next generation of consoles is costing their parent corporations dearly. GameDailyBiz has an article up claiming that the gaming division at Sony may lose almost $900 million this year, thanks to rollout costs for the PS3. The 360, already in the marketplace, is looking pretty solid. However, in among increased Microsoft revenue announcements (up 13% for the quarter over last year) and a healthy number of shipped systems by the end of June (almost 5.5 million) is a hard statistic. From the Gamastura article: "As for specifics on the Xbox 360 and Xbox's financials, the company's Home and Entertainment division, which includes the Microsoft Xbox video game console system, PC games, the Home Products Division, and TV platform products for the interactive television industry, lost $388 million for the quarter on $1.06 billion in revenue, a sharp increase from the $175 million loss the previous year." A reminder that these systems may be successful, but they're costing to get out there.
Does that entire thing have to be posted everytime someone mentions Sony might lose money? Couldn't you just post the link?
"reality has a well-known liberal bias" - Steven Colbert
And if they manage to pull off a console victory with a name like Wii, it'll be nothing short of stunning.
On the day of release, I'll be going to the mall for a Wii, then I'll spend the next few days eating, drinking and Wii'ing. When I'm familiar with it, I'll share my Wii with my friends, maybe take my Wii round to theirs and we can play with each other's Wii. Then when it's old and everyone's got one, I'll put my Wii on eBay and sell it for a small fortune.
I mean what's next - is the Wii 2 gonna be called a Poo? Come and play with my Poo... Not since Free Willy has there been a culture feck up of such laughable proportions...
Are you playing with your Wii, or are you just glad to see me?
It's not offtopic, dumbass. It's orthogonal.
Then we look at Sony's stock report for Oct-Dec 2000, and there is an interesting little blurb. It said that had Sony been able to meet demand with another 1 million PS2 units, they would have pocketed $175 million in profits. $175 million divided by one million consoles equals $175 per console profit.
Poor mathematics skills. You want projected profit per console, you need to divide the $175 million profit by all consoles sold, not just the 1 million shortfall.
I'm glad you're not my accountant.
Wii love profit.
This little piggy is in the market, (Microsoft)
this little piggy has yet to come, (Sony)
this little piggy only had some things, (N-Gage)
this little piggy had none, (Phantom)
and this little piggy when "Wii Wii Wii" all the way to the bank! (Nintendo)
Okay, so I need to work on my rhyming.
Simple fact is, shops are going to be flooded when Wii starts hitting the shelves