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Playstation Divison Loses $2.8 Billion

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  • VIBEVIBE Posts: 23,243
    bcotton2000@yahoo.co wrote: »
    VIBE wrote: »
    Gotdayum Focus, the hate in you is strong to edit shit out for your purposes.

    Faggot.


    I see the avi, I was trying to find the perfect 1 lol


    lol

    I wasn't even looking for an avi, I was just looking for BB images to post in the thread and I was like damn, this one would make a nice avi..
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  • Bcotton5Bcotton5 Posts: 29,239
    VIBE wrote: »
    bcotton2000@yahoo.co wrote: »
    VIBE wrote: »
    Gotdayum Focus, the hate in you is strong to edit shit out for your purposes.

    Faggot.


    I see the avi, I was trying to find the perfect 1 lol


    lol

    I wasn't even looking for an avi, I was just looking for BB images to post in the thread and I was like damn, this one would make a nice avi..

    I saw alot of nice ones I went with the Cooking Mama pic, I liked these too

    bevisbreaking.jpg

    johnnyutahsuper-breaking-bad-2-turbo.jpg
    VIBE
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  • VIBEVIBE Posts: 23,243
    lol @ the gaming one

    The Beavis and ButtHead one is cool.
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  • blackkevblaziniblackkevblazini Posts: 912
    I'ma tell you the problem with the PSVita.

    The problem is phones. Seriously.

    The PSP wasn't never as popular as it was cause of games. I mean don't get me wrong, It has good games for it, but it was so popular cause it was one of the first of its kind back in 2005. The thing did movies, music, and games in your pocket for a reasonable price...that's why people bought the thing. There's great games on the PSP, but there was never a KILLER APP...Something that made you HAD to have a PSP....and what complicated that is that some of the PSP's best games eventually got released on PS2 cheaper, so we had a reason to wait.

    Fast forward to 2012 and You got the PSVita....basically a more powerful PSP.....and it's tanking. Why?......

    It's cause we got phones that does the same shit this does and better
    .
    And you could say the same thing applies to 3DS....but...You can't play Mario, Zelda, Metroid, or Kid Icarus on a phone...and likewise you can't play some of Sony's exclusives on a phone but apparently they need something else, cause Nathan Drake had a joint out DAY 1 and it ain't moving units.

    The PSVita has moved 1.8m WORLDWIDE since it dropped....That's WORLDWIDE.

    Sony needs to do something or they gonna be blowing them shits out at Big Lots 32X style in a couple months.
    focusWild Self
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  • intalectintalect Posts: 670
    I think E3 will be big for both ps3 and vita ..... it's time for them to blow the lid off the thing I want a vita but like everyone is saying it need more games ! I don't want a bunch of watered down ports this time around
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  • vageneral08vageneral08 Posts: 12,629
    joshuaboy wrote: »
    focus wrote: »
    Sony’s market valuation nearly six times lower than in 2000.
    by Colin Moriarty MAY 11, 2012

    Sony’s stock has plummeted precipitously according to a report from Bloomberg. Sony’s “market value” is now lower than it’s ever been since the summer of 1980.

    The current market value of the company is $17.5 billion. The company’s market value in the year 2000 was more than $100 billion. Sony’s stock dropped 6.4 percent after its fiscal year 2011 financials came out. Sony’s “stock declined 18 percent this year, extending the 53 percent drop last year,” Bloomberg notes.

    Bloomberg also confirms earlier reports out of Japan that Sony intends on laying off six percent of its worldwide workforce, amounting to 10,000 people.

    Wow.


    If you're quoting an article, why cut out certain parts?


    Poor TV Sales Send Sony’s Stock to 31-Year Low
    Sony’s market valuation nearly six times lower than in 2000.
    by Colin Moriarty
    May 11, 2012

    Due to “forecasting earnings that missed estimates because of a failure to end losses from TVs,” Sony’s stock has plummeted precipitously according to a report from Bloomberg. Sony’s “market value” is now lower than it’s ever been since the summer of 1980.

    The current market value of the company is $17.5 billion. The company’s market value in the year 2000 was more than $100 billion. Sony’s stock dropped 6.4 percent after its fiscal year 2011 financials came out. Sony’s “stock declined 18 percent this year, extending the 53 percent drop last year,” Bloomberg notes.

    Sony’s market struggles are almost entirely due to its ailing television division, with “investors remain[ing] skeptical about predictions for returning to profit this year.” Sony expects its television sales to continue its downward trend another 11 percent in 2012.

    However, Sony does expect to post an overall profit this fiscal year “after four consecutive years of losses.” Predicted profits are in the range of $37 million.

    Bloomberg also confirms earlier reports out of Japan that Sony intends on laying off six percent of its worldwide workforce, amounting to 10,000 people.



    Colin Moriarty is Editor if IGN PlayStation. You can follow him on Twitter and IGN and learn just how sad the life of a New York Islanders and New York Jets fan can be.

    Bruh it's more than just tv's.....they shit just aint selling alot period
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  • focusfocus Posts: 2,803
    vageneral08 wrote: »
    Bruh it's more than just tv's.....they shit just aint selling alot period

    LOL. Exactly. Talking about I edited the article? LOL...ok..did I leave out the part where Sony’s “market value” is now lower than it’s ever been since the summer of 1980? Did I leave out the 10,000 layoffs? Oh, I left out TV's so umad? Cause all PS3 stanboys wanna blame all of Sony's troubles on TV's. Except, peep the thread title...and low market value effects the entire company, not just TV's. LOL!
    Bcotton5imm0rt4l
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  • SionSion Posts: 12,185
    focus wrote: »
    vageneral08 wrote: »
    Bruh it's more than just tv's.....they shit just aint selling alot period

    LOL. Exactly. Talking about I edited the article? LOL...ok..did I leave out the part where Sony’s “market value” is now lower than it’s ever been since the summer of 1980? Did I leave out the the 10,000 layoffs? Oh, I left out TV's so umad? Cause all PS3 stanboys wanna blame all of Sony's troubles on TV's. Except, peep the thread title...and low market value effects the entire company, not just TV's. LOL!

    @ the bolded

    Actually no it doesn't. The only thing it might affect are stock options and the only time CEOs & execs exercise them is when their stock gets dirt cheap (ironically enough). Market value is the price of the business the market values it at. You can be a company like Wells Fargo or Goldman Sachs that's currently selling below it's market value for the past 3 years has made more money (and record amounts) than all the major banks in the most dire times.

    Market value has no impact on the internal operations or underlying business.
    themadlionsfanBcotton5
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  • Wild SelfWild Self Posts: 3,597
    The Prodigalson wrote: »
    Sony may soon go the way of Sega. This next generation of consoles will either make or break them.

    Their gaming division is looking financially weak. PS3 been out for nearly 6 years now and it is still struggling to make a profit. Compared to where they were in the PS2 era, they took a massive beating units sales wise. PS2 in 2006 sold damn near 120 million units. PS3 only sold around half. How is that not a fall off?
    Sionfocus
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  • Co-Town MichaelCo-Town Michael Posts: 3,910
    Microsoft >>>>>>
    focusJohn_Blazini
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  • Swiffness!Swiffness! Posts: 5,787
    blackkevblazini wrote: »
    I'ma tell you the problem with the PSVita.

    The problem is phones. Seriously.

    That's right. Smartphones are the fucking death of Handheld Consoles. Its your phone. It goes with you. I love my DS but only the corniest nerd nigga alive is taking it with him in a nightclub lol. Its funny, this shit is killin Nintendo too and the loss of dat Gameboy paper really could wrap it ALL up for them, but you're right. The Vita's target audience are perfectly happy with their um, thousands of great iOS and Android games. Niggas who want new Pokemon, Mario, Zelda WANT NEW POKEMON, MARIO, ZELDA, ETC. and look at those phone games like its Solitaire. Advantage....Nintendo.
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  • CitySojournerCitySojourner Posts: 323
    They need to stop with that handheld bullshit and the tv's. I used to own a Bravia and I hated it, I was at the Sony store the other day trying out the 3d head goggles they have and that was a piece of shit too, the 60 inch screen it was supposed to replicate didn't really feel that way and the 3d was barely noticeable. The worst part of it all is that they were selling it for around $1300, GTFOH!!!!

    PS will always have a loyal fan base, and the first party developers are what's keeping them ahead of other consoles in terms of creativity. The movie division is a toss up, we'll have to see what Spider-man does before knowing whether or not it would be a good idea for them to sell that off.
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  • vageneral08vageneral08 Posts: 12,629
    Bottom line u got the ps3 with a built in blu ray dvd player but sony sells blu ray dvd player by themselves lol u cant make money like that
    CitySojourner
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  • earth two supermanearth two superman Posts: 11,680
    vageneral08 wrote: »
    Bottom line u got the ps3 with a built in blu ray dvd player but sony sells blu ray dvd player by themselves lol u cant make money like that

    this is a good point, but i think the ps3 did what they wanted as far as blu ray goes. blu ray sales are supposedly better than dvd sales were this far into its lifespan
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  • joshuaboyjoshuaboy Posts: 9,189
    vageneral08 wrote: »
    Bottom line u got the ps3 with a built in blu ray dvd player but sony sells blu ray dvd player by themselves lol u cant make money like that


    Disagree. At the time the PS3 dropped, BR was new and the PS3 was one of the cheapest BR players you could get. Now BR players cost $ 50 so it's not an advantage anymore.
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  • focusfocus Posts: 2,803
    Sion. wrote: »
    focus wrote: »
    vageneral08 wrote: »
    Bruh it's more than just tv's.....they shit just aint selling alot period

    LOL. Exactly. Talking about I edited the article? LOL...ok..did I leave out the part where Sony’s “market value” is now lower than it’s ever been since the summer of 1980? Did I leave out the the 10,000 layoffs? Oh, I left out TV's so umad? Cause all PS3 stanboys wanna blame all of Sony's troubles on TV's. Except, peep the thread title...and low market value effects the entire company, not just TV's. LOL!

    @ the bolded

    Actually no it doesn't. The only thing it might affect are stock options and the only time CEOs & execs exercise them is when their stock gets dirt cheap (ironically enough). Market value is the price of the business the market values it at. You can be a company like Wells Fargo or Goldman Sachs that's currently selling below it's market value for the past 3 years has made more money (and record amounts) than all the major banks in the most dire times.

    Market value has no impact on the internal operations or underlying business.

    I would disagree, but regardless, my point is Sony's market value is Sony's market value. Period. Not just their "TV's department market value"...while the gaming division has some other magical market value. The Sony stans want to believe that Sony's situation is based solely on their TV's when the whole company, including gaming, is doing poorly. Whens the last time you saw somebody with a Walkman? LOL.

    imm0rt4l
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  • ocelotocelot Posts: 8,310
    Yall know PS3 is making a profit now...
    focusstoneface
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  • focusfocus Posts: 2,803
    ocelot wrote: »
    Yall know PS3 is making a profit now...

    Thread title.
    stonefaceimm0rt4l
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  • The ProdigalsonThe Prodigalson Posts: 7,364
    ocelot wrote: »
    Yall know PS3 is making a profit now...

    =)) with total disregard to thread title.
    focusstoneface
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  • vageneral08vageneral08 Posts: 12,629
    joshuaboy wrote: »
    vageneral08 wrote: »
    Bottom line u got the ps3 with a built in blu ray dvd player but sony sells blu ray dvd player by themselves lol u cant make money like that


    Disagree. At the time the PS3 dropped, BR was new and the PS3 was one of the cheapest BR players you could get. Now BR players cost $ 50 so it's not an advantage anymore.

    ok and what about the dvd's? them shits are like $40 a piece for a blu ray movie shit just isnt successful as they want it to be
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  • The ProdigalsonThe Prodigalson Posts: 7,364
    vageneral08 wrote: »
    joshuaboy wrote: »
    vageneral08 wrote: »
    Bottom line u got the ps3 with a built in blu ray dvd player but sony sells blu ray dvd player by themselves lol u cant make money like that


    Disagree. At the time the PS3 dropped, BR was new and the PS3 was one of the cheapest BR players you could get. Now BR players cost $ 50 so it's not an advantage anymore.

    ok and what about the dvd's? them shits are like $40 a piece for a blu ray movie shit just isnt successful as they want it to be

    Nat really. Blurays run from 19 to 40 depending on which one you want. At most the they are 24 bucks +tax.
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  • earth two supermanearth two superman Posts: 11,680
    Who the Fuck buys a single movie bluray for 40? Are u sure ur not looking a box sets
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  • vageneral08vageneral08 Posts: 12,629
    The Prodigalson wrote: »
    vageneral08 wrote: »
    joshuaboy wrote: »
    vageneral08 wrote: »
    Bottom line u got the ps3 with a built in blu ray dvd player but sony sells blu ray dvd player by themselves lol u cant make money like that


    Disagree. At the time the PS3 dropped, BR was new and the PS3 was one of the cheapest BR players you could get. Now BR players cost $ 50 so it's not an advantage anymore.

    ok and what about the dvd's? them shits are like $40 a piece for a blu ray movie shit just isnt successful as they want it to be

    Nat really. Blurays run from 19 to 40 depending on which one you want. At most the they are 24 bucks +tax.

    maybe not all the way $40 but the ones that are $30 that's still expensive for a single disc dvd
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  • vageneral08vageneral08 Posts: 12,629
    Dont worry tho JPMorgan Chase took a big ass lost too
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  • joshuaboyjoshuaboy Posts: 9,189
    vageneral08 wrote: »
    Dont worry tho JPMorgan Chase took a big ass lost too


    * loss

    B-)
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