PS5 shipments top 54.8 million as of December 2023. Has outsold Xbox Series X/S 2-1, data suggests
- Thread starter Gamernyc78
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Of course not, It's just a massive coincidence that those that said PC ports would impact console sales were right.
You are using a Xbot way of thinking...
Revenue means nothing if you keep having loses yet... I can have 1000% increase revenue but it I still losing money your company are fucked.
What really matters is that:
Revenue increase +599 (+23%) but the profit dropped 26.9 (-12%).
That is the typical scenario where a company grow without organization or plan... because they start to waste way more money than what they are getting with their new sales (revenue).... they are basically "paying" (yeap with money) to increase revenue.
They increase sales at the cost of lower profit.
That means they could have be better with lower sales (revenue).
Execs needs to see what happened to not let the same happened next quarter or FY.
The outlook is not good.
Xbots loves say MS increase their revenue in zillions % but what matters for a health business is not revenue but profit.
It is better to have lower revenue and bigger profits than bigger revenue with lower profits.
Some companies doesn't grow or attack others markets due that issue.... if going bigger means having less profits then it is not worth of it.
I can see a PC ports being the main driver of wasted money (drop in profit even with more revenue).
They indeed increased revenue but at the cost of a lot of profit.
They are using their own profit to increase revenue that is what you should not do ever.
The ideia of having bigger revenue is for having more profit.
You can totally understand why the Sony's CEO is talking about increasing profit margins because they really fucked it this fiscal year.
Even with ps4 still doing decent, ps5 selling at a stead clip, first party software doing well, bulk of third party sales and accessories doing well, Sony still has razor thin margins. I can’t imagine how bad it is for Microsoft they must be taking billion dollar losses every quarter.
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@Welfare I think you own multiple people here an apology, namely @ethomaz , @Heisenberg007 , and @thicc_girls_are_teh_best
Common, don't be shy.
Common, don't be shy.
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Beyond weak it's a disaster. Serves them well since everyone told them WTF are you doing with GP and your mediocre games no one wants.
22.7 million for PS5 (from january to december 2023)
22.2 millions for X/S total life to date
