130°

Sony upbeat on electronics, sees larger game loss.

Sony Corp said the operating margin at its electronics operations is expected to beat its target for the year to March, but operating loss at its videogame unit will likely be double its initial forecast. Operating loss at its game unit, which offers loss-making PlayStation 3 game gear, is estimated to exceed 100 billion yen

($876 million) for the current business year, compared with its original projection of 50 billion yen, a Sony spokeswoman said.

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uk.reuters.com
AliC6039d ago

Isn't this the third time that report of losses in the games division for Sony that has been approved now.

Ignorant Fanboy6039d ago

Its kind of like the sales numbers that get approved all the time, even though they are the same numbers.

Death6039d ago

Maybe hold off judgement for another year, eh?

-Death

Captain Tuttle6039d ago (Edited 6039d ago )

Edit: No problem man.

Death6039d ago

That was supposed to be a reply to Ron's comment on the original Xbox's losses. Appearantly he's comparing the PS3 to the Xbox which is a little early. ;)

-Death

FirstknighT6039d ago

Sony's game division is in the red and Microsofts game division is in the green. Oh how times have changed.

vaan6039d ago

You know Sony can absorb that deficit easy as MS absorbed that HUGE failure of a console....what was it called? Oh yeah, the XBOX.

RonDeMuerte6039d ago

The Xbox console was a massive failure......it barely sold a quarter of what the PS2 has achieved....hahahaha and that console had two Halo games!!!! hahahaha

timmyrulz6039d ago

Why would you come out with such a stupid comment about the 360 been a failure? i think you will find that 13.5 million consoles sold is far more than 5.5 million sold, its comments like that what makes fanboys look such stupid richards not to mention 10 years old

RonDeMuerte6039d ago

It's comments like yours that let people know how retarded you are.......you halfwit fanboy.....

AIZEN SOZUKE6039d ago

13.5 mil? more like 11 0r 12 mil, and ps3 has sold over 6 and 3/4 mil less than half time on market, with no major exclusives released, which system is the failure? you tell me?

DEADEND6039d ago

Well said my friend that is why I know SONY will domante next year.

Arrancar for life.

Lionsguard6039d ago

The PS3 sales are no different than XBOX360 sales were at 1 year ago so how is this a failure? and the PS3 cost twice as much and had barely any games to play!

+ Show (1) more replyLast reply 6039d ago
kspraydad6039d ago

for THIS YEAR it would seem to indicate that they are expecting to SELL alot more PS3s than they originally planned..since they are loosing money on each.

From a short term 1 year perspective this news is actually positive!

Gina-get-u6039d ago

You get the gold star kiddo. That is 100% correct. The bigger losses are anticipated from an increase in subsidized console sales.

Gamespot-equals-EGM6039d ago

Never thought about it that way (selling more ps3's means a greater loss).

But I think the loss per ps3 for the 40gb is much less. Sony might actually be breaking even on the 40gb's b/c I think they have 65nm chips (rather than 90nm in the older ps3's). Plus the motherboard in the 40gb chip is smaller and simpler (Graphic synthesizer chip for ps2 BC removed).

Death6039d ago

Sony has stated more than once that PS3 sales are not what they expected. The loss is coming from a combination of a very low attach rate and multiple price cuts in all regions. Cutting console prices within the first year is not common. Cutting them multiple times and redesigning hardware is also not common this early in a consoles life cycle. Right now Sony is doing everything they can to reduce costs and move consoles. The world is not coming to an end, but the PS3 is not selling nearly as well as Sony had anticipated. If you are a PS3 owner and want to help, buy some games already. The console is much better than what the attach rate shows.

-Death

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80°

Former Dragon Age lead writer David Gaider pours scorn on EA's AI dreams.

"They want you to believe the devs under them are super stoked to work generative AI into their processes," continued Gaider, "but I assure you what they took as excitement was really a veiled wail of despair not unlike the time that team was informed of their new 'really cool' live service mandate.".

LordoftheCritics15h ago

Publishers see gaming as another stock market.

isarai14h ago

I think anyone with some common sense knew this, im glad i don't support their games anymore, what a sh!t company.

120°

Phil Spencer and the Battle for Xbox’s Soul

Has the rapid growth of Xbox made the ship too heavy? Following the closures of Tango Gameworks, Arkane Austin, and Roundhouse, we explore what the future of Xbox could look like.

LG_Fox_Brazil20h ago

This ship was never meant to sail, this ship was made from the get go to sink as fast as possible. It almost feels that they want to lower the standards of quality in the industry so that they can fit in

rlow12h ago

I disagree, Xbox from the get go innovated and changed the industry. They did a lot of firsts and standardized a lot of others. It wasn’t till the beginning of the Xbox1 era that things started to go south.

Hedstrom5h ago

Phil wants Xbox to be as soulless as him!

Tacoboto4h ago(Edited 4h ago)

Xbox has no soul and Phil has no confidence, and it's impossible to say either do when they killed Tango and Arkane Austin.

Everything they've said since has only made them look worse to a point that they're actually less competent than Embracer.

Markdn4h ago(Edited 4h ago)

Whe you release something like the series S and expect it not to hurt your business model, and developers have to have parity with games. Then you know Microsoft don't care. Series s is the final nail that broke developers,

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190°

Microsoft once tried to nab LittleBigPlanet from Sony after a few drinks

It turns out that many moons ago, Microsoft once had its eye on the Sony published LittleBigPlanet series.

Read Full Story >>
eurogamer.net
XiNatsuDragnel1d 21h ago

Microsoft had a good idea but fumbled it again.

Cacabunga15h ago(Edited 15h ago)

Project Spark idea was decent but they quickly gave up ..
LBP was wonderful

ApocalypseShadow1d 9h ago

Microsoft in a nutshell. Always tried to poach Sony employees, games, 3rd party games and devices like the depth camera that was turned into Kinect but was running on PS2 before Xbox 360. Wouldn't be surprised they wanted LBP. Just like they worked behind the scenes pushing the MLB to bring Sony's baseball game to Xbox instead of making their own.
https://www.playstationlife...

They didn't spend years trying to develop their own baseball game. They wanted Sony's game.

They're scum.

Zachmo18214h ago

Microsoft didn't force MLB on Xbox. MLB gave Sony 2 options either go multiplat or risk losing the license.

Rynxie4h ago

And why do you think MLB said that? I believe Ms approached MLB.

ApocalypseShadow3h ago(Edited 3h ago)

Totally ridiculous comment.

The only exclusivity Sony had was to their own creation of The Show. Microsoft could have paid the MLB for the license just like Sony did and made their own baseball game.

Microsoft instead, groomed MLB for years in trying to poach Sony's game and bring it to Xbox. They're worth 3 TRILLION dollars. You think that's not enough money to make their own baseball game? Don't be delusional.

Microsoft spun it like they always do and told the media that they had to trust Sony with their hardware. After they put Sony in that position of not having a choice. Either go multiplatform or stop making one of their successful games. That's a no win scenario.

And what did Microsoft do? They didn't try to sell the game to the Xbox community. They put it on game pass to hurt Sony. Pushing the idea of why buy games that are $70 when you can play them in their cheap service for $10. It was a dirty tactic.

You fell for the Kool aid drink Microsoft served you instead of spitting it out. Hope it tasted good because you were fooled by Phil and the gang.

Notellin44m ago

"Microsoft instead, groomed MLB for years in trying to poach Sony's game and bring it to Xbox."

Take a nap, conspiracies are rotting your brain.

OtterX16h ago

"However, Healey said Media Molecule wouldn't have felt right doing that, adding it would have been "morally corrupt"."

Major kudos to Media Molecule for being an upright studio with principles.

Tody_za16h ago(Edited 16h ago)

Great, more stories like this please. Show the last of the zombies holding the line what we've been saying for years: Microsoft is anti competition, anti industry and has no interest in making games at all.

But hey, at least there's an Xbox Games Showcase to look forward to, right?

Inverno15h ago

Well considering SONY just killed the series, LBP would've been dead by now either way. Though MM probably wouldn't exist by now either, so I'm glad they stayed with SONY, hopefully they don't get shut down any time soon or ever honestly.

Inverno13h ago

They shut down the servers, that's millions of user created levels gone. That and dead are pretty much the same, it's also been years since 3 and they cancelled HUB soooo.

fsfsxii34m ago

They shutdown the servers because no one was playing, no one in the community cared about the user created levels so why keep them up? Wtf you guys would never succeed in running a business.

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