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180°

Sony cuts Q2 2012 losses to $198 million, bumps revenue to $20.6 billion thanks to mobile

Engadget: Sony is projecting a slight drop in revenue for its fiscal year ending in March 2013, from $85 to $83 billion compared to August's forecast. But the company kept its operating income projection unchanged at $1.6 billion -- thanks to new acquisitions like cloud gamer Gaikai and Olympus, along with such products as the new 84-inch 4K LCD TV and revised PS3 gaming console.

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Community4233d ago
Blankman854233d ago (Edited 4233d ago )

Thanx to the mobile division which still lost close to $300 million? On top of the $350 million it already lost last quarter? How is that a success?
Why is this story not focusing on the gaming business which made a profit? At least tell us how much of a profit instead of just tossing it in there with music and movies as if it didn't matter.
This is their 7th straight loss, you gotta wonder how long they can keep this up.

Silly gameAr4233d ago

Gotta love the N4G financial analysts we have around here.

Cam9774233d ago

Yup. Without them, I don't know how I would survive against this barrage of false information.

JoGam4233d ago (Edited 4233d ago )

Thanks dude...You just made me spill my coffee on my Vaio! LOL

BattleAxe4232d ago

^^^

I'm laughing so hard right now, while viewing these comments on my 46" Bravia through my PS3's web browser :D

Knushwood Butt4232d ago

Yeah, quick, give this man a job before he gets headhunted!

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Jazz41084233d ago (Edited 4233d ago )

According to the verge sonys gaming was down 16 percent as well as revenue but they did manager a very meager profit as in using there words. If you add the first qtr gaming loss and the second qtr meager gain Sonys gaming division as a whole is still in the loss column for 2012. As far as phones connecting to consoles ms windows phone have been doing that for a while now and with wind 8 its only getting better.

gaffyh4233d ago

Apparently that is mainly due to a strong Yen.

XabiDaChosenOne4233d ago

@Ndivhu *rolls eyes, Keep it moving son.

Jihaad_cpt4232d ago (Edited 4232d ago )

I have a question did the American economy go from recession to "expansion" instantly?

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Neonridr4233d ago

very strange. I mean sure their numbers aren't as bad as the previous quarter, but they are also talking about how many jobs they had to cut. When you cut 10,000 jobs you save a lot in salary payouts. But when you have to say that you are cutting that many jobs this year, and you are still losing money while stretching your divisions thin, that's not a good thing.

Also I don't think the 84" 4K LCD TV did much for them at this point. Nobody can afford the $25K price tag for that, so I don't even know why I was in the article.

I have a Sony TV and home theatre system, so I do appreciate the quality they bring to the table for the most part, however with them continually losing money, you have to wonder where that is going to put them when the PS4 comes along.

It's hard to believe a company that continues to bleed money is going to want to sell their new console at a loss, but it will also be hard to fathom launching another $600 console ala the PS3.

nukeitall4233d ago

I know, it seems things hasn't improved at all.

Considering a cut of 10,000 jobs, you should save 10,000 * monthly salary * 3 months (for the quarther). That is easily $100 million plus per quarter, but now you lost productivity.

Cost cutting is good, but what is Sony doing to increase sales and demand for their products?

Captain Tuttle4233d ago (Edited 4233d ago )

Well they're spending money, they picked up Gaikai and launched the Vita. The return on the former remains to be seen and the return on the latter is fairly dismal, I'd guess.

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seanpitt234233d ago (Edited 4233d ago )

So happy for sony they deserve to do well

Swiggins4233d ago

No no...let him figure it out himself...

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150°

Forget Elder Scrolls 6, Skyrim Can Easily Be Made Into A Next-Gen Game

ScreenRant's Stephen Tang writes, "The Elder Scrolls 6 won't be releasing for a while, and in the meantime, the modding community has been making Skyrim into a next-gen game."

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Community22h ago
GhostScholar20h ago

That’s just laughable to me. I think they’ve squeezed all they can out of an 12 year old game

mastershredder15h ago

"Easily" because they see mods, says the gamer. To heck with licensing, terms agreements conditions, etc. all you need to do is belive in mods. Yeah, so real superficial BS yo.

CrimsonWing695h ago

Do people not want to play a new game? Like, I’d rather see 6 than just a prettier version of a game we’ve been playing since the 360/PS3 gen…

anast2h ago

They might as well. So far, it looks like ES6 will be mostly developed by AI.

230°

The Status of Every PlayStation Franchise

Sony owns a fair few iconic franchises - many dating right back to the original PlayStation. But while we’re pretty familiar with the likes of ongoing series such as God of War, Horizon, and Gran Turismo, there are plenty of PlayStation franchises that haven’t seen the light of day in a long time. So in this video, we’re going to be taking a look at the status of PlayStation’s many IPs, and checking in on when we last heard from them.

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gamespot.com
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Community1d 7h ago
Skuletor1d 6h ago

A 20+ minute video? Just include the written list in the article.

DarXyde1d 2h ago

Status in one word:

Underutilized.

The end.

anast1d 2h ago

Which ones should they utilize more?

BehindTheRows1d 1h ago

Indeed. We hear this “underutilized” talk as if every old franchise should have a comeback or reboot.

I_am_Batman1d ago (Edited 1d ago )

When new IPs start looking like Concord, you can't blame people for wanting another Resistance or Killzone instead.

anast23h ago(Edited 23h ago)

J&D and Resistance are good ones. As much as I love these, though, I'm not sure they would payoff without an enormous marketing push. Younger gamers today do not have taste and the older gamers that would appreciate these might not be enough. But yeah, I would day 1 Resistance.

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Hotpot22h ago

Well that’s just the consequence of consistently producing new IPs isn’t it. Not all studios can be or want to be like polyphony digital who made gran turismo all the time.

Abear211d ago

Here lies The Infamous Series; once a shining beacon of free flying, lighting bolt sniping, and wire riding amazing gameplay, it has been laid to rest and be forgotten for what seems like forever despite being loved by millions. Plot next to Wipeout across from NBA Jam.

Lightning7721h ago

Still baffling they cancelled Twisted Metal, Factions 2 and Spider-Man Multiverse LS game but thought Concord looked good enough.

Chocoburger20h ago

Ape Escape, Parappa / Lammy, Gravity Rush, good times. Always hoping for them to make a return, or at least similar type games, such as the newly-announced Astro Bot, but one game isn't enough. Bring back the joyfulness of the 90's era of gaming.

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90°

All Call of Duty Black Ops Games Ranked

The Nerd Stash: "Developed by Treyarch Studios, Call of Duty: Black Ops games are some of the best in the series in terms of gameplay, story, and -- of course -- Zombies."

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Rynxie3d ago (Edited 3d ago )

Black ops 4, because it was the last cod of duty I was able to dominate with a +2 k/d ratio. Before all the freaking cheating started to happen. It was nice catching people off guard and shooting at them first and getting the kill. Unlike now, where I shoot people first, but they gun me down with less hits, less time, literally feels like they can kill me in a split second. At times, they are able to run away after me shooting them way more than necessary, yet, the second I'm spotted, I'm dead, there's no me running away to cover. They can do cartwheels, summersaults, backflips and gun you down perfectly. They can shoot you across the map with perfect accuracy. They can jump around like morons and gun you down without even having to correct their aim. They have superman split second perfect reactions. That's the best way to describe it, everything they do is spot on perfect. They can spam and spray (no praying) their gun from far away, because they have no recoil or bullet spread. It always feels like I have to aim and also correct my aim when moving around, while these pricks don't have to do the same.

And yes, I know how to play fps games. I dominated many fps games like: Resistance 1&2, kz 2&3, Socom, MAG, Crysis, Gotham City Impostors, blitz brigade etc. all with 2-4 k/d ratio. Kz2 (lag input controls) and resistance (no aim assist in resistance) being the hardest and were the games I reached either close to a 3 k/d ratio or above.

I truly got to enjoy blacks ops 4 and got my money's worth out of it. Afterwords, I would either stop playing cod games after a while, because of the cheating, or would skip buying cod games for a year or two before buying another.