Sony FY2024 Q2 Earnings Announcement | OT

gokuss4

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28 Jan 2023
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9-Month Profits in 2024 :
PlayStation - $2.03 billion
Nintendo - $1.22 billion
EA - $984 million
Konami - $475 million
Bandai Namco - $273 million
Capcom - $199 million
Ubisoft - -$89 million (loss)

Profits in the last quarter :
PlayStation - $908 million
Nintendo - $440 million
EA - $384 million
Konami - $149 million
Bandai Namco - $96 million
Capcom - $51 million
Ubisoft - -$294 million (loss

Rip in peace playstation
1994 - 2024
 
24 Jun 2022
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6,874
9-Month Profits in 2024 :
PlayStation - $2.03 billion
Nintendo - $1.22 billion
EA - $984 million
Konami - $475 million
Bandai Namco - $273 million
Capcom - $199 million
Ubisoft - -$89 million (loss)

Profits in the last quarter :
PlayStation - $908 million
Nintendo - $440 million
EA - $384 million
Konami - $149 million
Bandai Namco - $96 million
Capcom - $51 million
Ubisoft - -$294 million (loss

Rip in peace playstation
1994 - 2024

If you told me back in 2006 that PlayStation fans would be unironically using revenues & profits as a way to boast about the brand, I'd of laughed my ass off.

Yet here we are. LITERALLY people cheerleading for revenues & profits, as if that's all that matters to a gamer or hobbyist in the scene.

Gaming has regressed 🤣
 
OP
OP
mibu no ookami

mibu no ookami

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You all have destroyed this thread squabbling about what first party means (a conversation we've been having for 30 years and have never landed on an answer, so you're not going to do it here) and mods have done nothing about it.
 
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BloodMod

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You all have destroyed this thread squabbling about what first party means (a conversation we've been having for 30 years and have never landed on an answer, so you're not going to do it here) and mods have done nothing about it.
I moved the derailing posts to a new thread. Try using the report tool next time.

Whoever wants to continue debating over what is and isn't first-party can do so here: https://icon-era.com/threads/what-r...tion-of-first-second-third-party-games.14726/
 
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FatKaz

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If you told me back in 2006 that PlayStation fans would be unironically using revenues & profits as a way to boast about the brand, I'd of laughed my ass off.

Yet here we are. LITERALLY people cheerleading for revenues & profits, as if that's all that matters to a gamer or hobbyist in the scene.

Gaming has regressed 🤣
Uhm revenue and profits we're always part of the conversation and used to boast.

Of course 2006 it would not have been something to really bring up when talking about the brand in a positive light, as they made bad moves that lost them billions after the ps3 launch.
 
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Neversummer

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27 Jun 2023
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9-Month Profits in 2024 :
PlayStation - $2.03 billion
Nintendo - $1.22 billion
EA - $984 million
Konami - $475 million
Bandai Namco - $273 million
Capcom - $199 million
Ubisoft - -$89 million (loss)

Profits in the last quarter :
PlayStation - $908 million
Nintendo - $440 million
EA - $384 million
Konami - $149 million
Bandai Namco - $96 million
Capcom - $51 million
Ubisoft - -$294 million (loss

Rip in peace playstation
1994 - 2024
Crazy how Nintendo is making half of the profits PS makes w 1/3 of the revenue & lacking a massive amount of 3rd party largely lacking prominent live service games by 3rd party.

How much of that profit from PS is actually coming from PS studios themselves. My exact concerns if I was totoki/herman in the absorbent reliant on 3rd party bring the profits & not actual PS whether it’s is lack of studios or output singleplayer or the lack of live service that’s alarming that there fine w PS profits ok PS platform being mainly from 3rd party w clear issues while in the same time porting games to PC diminishing its own platform & storefront & bolstering competitors just to try & bring a small profit from those other platform.

Maybe buy & convert 3rd party into 1st party but PS should be striving for near if not higher then 50% of the profits being made on the PS storefront coming from PS studios & 3rd party being the cherry on top which has not been the case of PS ever.
 

ethomaz

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21 Jun 2022
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How much of that profit from PS is actually coming from PS studios themselves.
For example the last quarter:

Total software units: 77.7m
First-party software units: 5.3m

So from 77.7m units sold only 5.3m where first-party.
I know it is not perfectly accurate due not being revenue and not having DLC, services, etc.

But I think it gives a pretty good view of how much 1st-party sells compared with 3rd-party.

I won't deny... 3rd-party games were always one of big pillar for all PlayStation... it even played a big role than 1st-party.
 
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Vertigo

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Waiting for Final Shape estimates (which I doubt we shall see). Still impossible to ever get numbers on these but launch week is estimated at 2 to 2.3 million expansions sold if the same as Lightfall. But it’s been tracking well week over week so I’m expecting 5 million by years end. If anything total Destiny revenue would be nice even if it included all sold content vs just the expansion.
 

Muddasar

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Uhm revenue and profits we're always part of the conversation and used to boast.

Of course 2006 it would not have been something to really bring up when talking about the brand in a positive light, as they made bad moves that lost them billions after the ps3 launch.

The irony is that if the revenue and profits were low he would be using them to shit on Sony.
 
OP
OP
mibu no ookami

mibu no ookami

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Crazy how Nintendo is making half of the profits PS makes w 1/3 of the revenue & lacking a massive amount of 3rd party largely lacking prominent live service games by 3rd party.

How much of that profit from PS is actually coming from PS studios themselves. My exact concerns if I was totoki/herman in the absorbent reliant on 3rd party bring the profits & not actual PS whether it’s is lack of studios or output singleplayer or the lack of live service that’s alarming that there fine w PS profits ok PS platform being mainly from 3rd party w clear issues while in the same time porting games to PC diminishing its own platform & storefront & bolstering competitors just to try & bring a small profit from those other platform.

Maybe buy & convert 3rd party into 1st party but PS should be striving for near if not higher then 50% of the profits being made on the PS storefront coming from PS studios & 3rd party being the cherry on top which has not been the case of PS ever.

Maybe this guy is starting to realize why Sony needs to make short term profits.

They don't have the money to buy 3rd parties right now. They're a small fish. You buy a major 3rd party not only do you have to pay the premium on the stocks, but you also absorb their debt and operating cost.

Sony absolutely has to reach a period where they're more reliant on 1st party sales, but you also forget that they're already dominating the sales conversation as it relates to Xbox, so you're gaining nothing from the foreclosure on Xbox and you're trading probably 25% of revenue from royalties for an additional 60-65% just to take on the risk and operating costs of games...

It doesn't make sense in most cases.

I think Sony is in a race against time to try and afford T2 as quickly as possible. They're up 20% in the last year and 44% in the last 5 years. So the question is how quickly can Sony come up with 50 billion dollars? And the answer is not quickly. If I'm them my first step is buying FromSoftware/Kadokawa and making Elden Ring 2 exclusive to PS5 and a PSN PC storefront. The next step is trying to buy CDPR and doing the same with The Witcher and Witcher 4, not to mention future Cyberpunk games.

The goal would be to get to 5 billion in average annual income as quickly as possible.

The irony is that if the revenue and profits were low he would be using them to shit on Sony.

Absolutely, this report was not good for their worldview and has left them pretty exposed. The next two reports are probably going to be devastating for them.

The Q3 report will potentially show that the anniversary edition PS5s, discounting, and the PS5 Pro have Sony on track to meet if not exceed their forecast and the Q4/annual report if it does show exceeded the forecast will also likely have PS5 back on track ahead of the PS4 despite the significantly higher pricing. It'll probably come attached with a pretty rosy outlook for the following fiscal year bolstered by GTA6 which he downplays.

If the PS5 can get a clear lead out ahead of the PS4 LTD, it absolutely shatters their narrative and they know it. He's already doing ground work for it. Shifting his narrative to the PS6 which won't launch until 2028, just to keep the dooming going an extra 4 years.

They should just say they're fanboys and they don't like the direction Sony is going in whether that results in more success for the company or not, but they can't say that because they want to pretend like Sony is "stupid" and they're "smart", so Sony must be doomed to not be doing what they want Sony to do.

The console wars are over and Sony didn't win anything except the opportunity to position themselves in a larger platform war, but that fight is going to be against big companies with more invested interest in success in gaming than Microsoft historically has had and more willingness to flex their wallets.
 

Neversummer

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The console wars are over and Sony didn't win anything except the opportunity to position themselves in a larger platform war, but that fight is going to be against big companies with more invested interest in success in gaming than Microsoft historically has had and more willingness to flex their wallets.
Even as a platform PS isn’t the best platform. Even if you try to say Sony or other are trying to compete at a platform level in platforms you still need exclusive 💀 it’s crazy how confident you talk yet how wrong you are.

Sony is also not well positioned to compete as a publisher yet a platform itself which is why Steam & Nintendo have bigger platform 💀 like you said PS has poor first party output & it cannot compete w platforms that have more exclusive & or own bigger ips. Sony would have to buy Capcom, Kadokawa, Square Enix & Hoyoverse to even be at a scale from a output standpoint & ip standpoint to even be able to compete w MS, Tencent, Valve or Nintendo as a publisher/platform something they have shown zero signs of doing & or is 4+ years behind consolidation

The top publishers & platforms are MS & Tencent at a publishing level & Valve & Nintendo. Each of them have a form of exclusivity to there platform. In the case of MS/Xbox it’s the Xbox first party games exclusive to there subscription/cloud platform. Valve have there first party games exclusive to there hardware & storefront + the unique benefits of being a PC platform including those being getting default exclusive games from 3rd party on Valve/Steam own storefront & last Nintendo who has there games exclusive to hardware & storefront all of these competitors are all competing on being a large platform you don’t necessarily have to be a 3rd party that releases your first party own games to other competitors platform to compete as a platform as shown w the success of Valve, Nintendo & Apple even the likes of Disney & Netflix are platforms competing with each other while still having exclusive. If where being real MS/Xbox plans of being a platform will fail the Xbox mobile storefront will fail because it has no exclusive which equates for no reason for it to exist. No matter how you put it you try to compete in any form of platform you need true permanent exclusive otherwise your platform has no reason for existing.

It’s so weird how wrong you are & try to act like what Xbox & PS are doing as platforms are even good for themselves netherless good as platforms & competition. Ultimately consumer gets fucked w less competitors & less platform to pick.
 

Vertigo

Did you show the Darkness what Light can do?
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lol… Nintendo. Disingenuous nonsense.

Hold up. Just need to pretend they didn’t quit making consoles and opt to dev for mobile tech a decade behind industry standards.

They’re literally not even competition 🤣
 

arvfab

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lol… Nintendo. Disingenuous nonsense.

Hold up. Just need to pretend they didn’t quit making consoles and opt to dev for mobile tech a decade behind industry standards.

They’re literally not even competition 🤣

What would you say if PlayStation would go the same path of an underpowered, hybrid console to reduce development costs and improve their profit/margins?
 
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Johnic

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What would you say if PlayStation would go the same path of an underpowered, hybrid console to reduce development costs and improve their profit/margins?
Never going to happen because it wouldn't work for them. And yes, they know that. My man, they just released a $700 console. They're not going to suddenly make a Switch powered console as their main one next gen.
 
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arvfab

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Never going to happen because it wouldn't work for them. And yes, they know that. My man, they just released a $700 console. They're not going to suddenly make a Switch powered console as their main one next gen.

I'm just asking what if, not saying they are going to do it.

And it's surely not really an absurd idea. By the time it's time for a PS6, they could have a PS5-level hybrid console with the additions of a more advanced PSSR implementation.
 
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voke

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What would you say if PlayStation would go the same path of an underpowered, hybrid console to reduce development costs and improve their profit/margins?
This would be sad. We already have Nintendo, competing with them in the handheld space is business suicide imo. Ps needs to remain a home console first and foremost
 
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KvallyX

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This would be sad. We already have Nintendo, competing with them in the handheld space is business suicide imo. Ps needs to remain a home console first and foremost
Yup, just leave the three as they are now. A hybrid and 2 home consoles.
 

arvfab

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This would be sad. We already have Nintendo, competing with them in the handheld space is business suicide imo. Ps needs to remain a home console first and foremost
Would it be enough for you to leave the PS ecosystem?
 

Neversummer

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I'm just asking what if, not saying they are going to do it.

And it's surely not really an absurd idea. By the time it's time for a PS6, they could have a PS5-level hybrid console with the additions of a more advanced PSSR implementation.
This possibility is high as there’s no reason to make traditional box home console when you can make a console that’s portable allowing you to access PS games & the PS storefront outside anywhere not just only at home. People thinking PS6 will be a even more powerful PS5/PS5 pro sold at $600 or $700 are delusional & it’s design is one that’s only able to be played at home attached to your tv/monitor will be disappointed. Even the rumors of Xbox making a handheld & a traditional home console is brain dead especially after the success of Nintendo Switch

The nature of console has always been cheap entry get people to buy expensive software, mtx, subscription & trap them in a cycle w exclusive + drive 3rd party of all kinds (console, PC & mobile) to develop games on your platform making your storefront superior
 
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