Sony FY2023 Earnings Announcement: 4.5M PS5 sold in Q4 (20.8M in FY2023, 59.2M LTD). Allocating 11.5 billion in future acquisitions.
- Thread starter Yurinka
- Start date
Missed the target by 200k lol But we were told PlayStation is dying like Xbox
I mean, this is after they've already had to re-adjust forecasts because that 25M was clearly not happening.
I don't know( I do know, it's da console warz!) why people care about Xbox comparisons really.
A company's financial health/success should only be compared to itself and its stated goals/objectives.
This is what matters to investors which is what the suits care about and ultimately what will influence decision making.
Hermen and Nishino were chosen as CEOs for their background and experience.
Need for PlayStation Studios will increase in the coming years, and so they needed to put more focus into it to make sure they have steady and successful releases or something along those lines.
Need for PlayStation Studios will increase in the coming years, and so they needed to put more focus into it to make sure they have steady and successful releases or something along those lines.
13% profit margin. Looks like it's suddenly sustainable again. Consoles are back, baby!
honestly it looked like the reason profit margin was so low last quarter because of a high number of game cancellations
this looks like the new medium plan for the next few years for Playstation to supplement their AAA games with many XDEV Partnerships like Helldivers 2, Rise of Ronin and Steller Blade
OP
OP
Sony has major first party releases every year. As an example this year they have Helldivers 2, Destiny 2 The Final Shape and Concord. And who knows if Cory's new IP and Death Stranding 2 too.
In addition to this they'll have plenty of secondary stuff like Stellar Blade, Until Dawn remake, Convallaria or Lost Soul Aside. And who knows if the new Team Asobi game.
I think they expect that Helldivers 2, Concord and Destiny 2 The Final Shape will be their top grossing games of the fiscal year.
In addition to extra help from PC and Helldivers 2, they fired around 1000 people, cancelled some games and shut down London Studio. Plus I assume they did additional cost cuts where possible.
They need to close down their first parties then besides insomniac, one game a generation is ridiculous.
Seriously these guys have been silent since 2019, it's ridiculous and needs to be called out.
Hopefully with the success with Helldivers 2 it shows Sony that not all your games have to be AAA games sold at $70 I’d take more $40 to $50 games. Nintendo been doing this forever. Plus Sony needs to increase output give me a Ratchet & Clank rogue like spin off game or a Ratchet & Clank spin off game in the veins of Mario/Mega Man that take 2-3 years & is sold for $40-$50 or GOW in the style of GOW 1-3 spin off that take 2-3 years sold at $40-$50 or a Uncharted/TLOU spin off game in the veins of Metal Slug that take 2-3 years & sold for $40-$50
Filthy pig I’m getting older & can’t wait 5-7 years anymore just to get a game that might be good or just be meh at best. Sony needs to copy Nintendo output & strategy.
Filthy pig I’m getting older & can’t wait 5-7 years anymore just to get a game that might be good or just be meh at best. Sony needs to copy Nintendo output & strategy.
this is a bad take that ignores some context which was actually brought up during the earnings announcement. Several titles have simply slipped due to needing to meet Sony's standards. Releasing these games at the tail end of their development pipeline should result in increased operating income.
He's too focused on this fiscal year.
I also think Sony needs to be careful in assuming 3rd party will continue to grow in this fiscal year. It actually looks like a pretty dry year for the entire industry compared to last year. Hogwarts Legacy, Baldurs Gate, Spider-Man 2, Street Fighter, Mortal Kombat... Not exactly sure how you grow from that.
Also Sony called out Final Shape and Concord specifically for this year. I think that was pretty compelling. They're expecting these games to carry 1st party sales but because they are live person games, they're difficult to forecast.
This is an industry wide problem, especially for the high end of the triple A spectrum.
Aren't you the one that rails against "indie crap" and other content?
This is the future you want.
I dont see Capcom slowling down
Or Ubisoft
Or Activision
Or insomniac
Or Sega
Stop making excuses for these playstation studios just because you are a fanboy
Imagine if they had a better first party PS studios output instead of only having SpiderMan 2 they had 2 more major first party games in 2023 & in 2024 PlayStation had 3 major first party PS studios singleplayer game. Sony would be breaking that 25 million target & selling near 6-7 million per quarter. Sony selling 5 million PlayStation console per quarter isn’t bad considering its price at $400-$500 while PS4 was $300 & considering PlayStation dry first party output of major singleplayer game in 2023 & 2024.
Insomniac has been carrying the ps5, the other studios should be ashamed of themselves
It's seriously not that bad.
Santamonica released God of War: Ragnarök at the end of 2022, Horizon Forbidden West / Burning Shores DLC, Horizon call of the mountain came our recently.
Gran Turismo 7 incredible game, Rachet and Clank Rift Apart, Spiderman Miles Morales, Spiderman 2, Demon Souls remake, Returnal.
So Santamonica has released a huge franchise title, and is already looking for another, Guerilla has helped with tons of original content, including likely helping improve the Decima engine for DS2.
Bluepoint has released a game and helped with Ragnorok, Bend released a game just before the Ps5 gen started, Same for sucker punch.
Housemarque is already released a game, SP, BP, Bend, and Housemarque will release another one.
Combining it with so many exclusives from third party and second party.
Games wise this generation is more than incredible, i mean atleast more than the Ps4 generation imo.
Santamonica released God of War: Ragnarök at the end of 2022, Horizon Forbidden West / Burning Shores DLC, Horizon call of the mountain came our recently.
Gran Turismo 7 incredible game, Rachet and Clank Rift Apart, Spiderman Miles Morales, Spiderman 2, Demon Souls remake, Returnal.
So Santamonica has released a huge franchise title, and is already looking for another, Guerilla has helped with tons of original content, including likely helping improve the Decima engine for DS2.
Bluepoint has released a game and helped with Ragnorok, Bend released a game just before the Ps5 gen started, Same for sucker punch.
Housemarque is already released a game, SP, BP, Bend, and Housemarque will release another one.
Combining it with so many exclusives from third party and second party.
Games wise this generation is more than incredible, i mean atleast more than the Ps4 generation imo.