Sony Corp. is having a bad year, and it appears that the company's games division isn't helping the situation. GI.biz reports that the PlayStation group is expected to increase losses by $337 million this fiscal year, though it's unclear what number the loss is increasing from. The erosion is due to lower than expected sales of hardware and software.
Sony's video game division seems to have teetered between good and bad financial news over the last couple years. The very dim silver lining here is if the reports of Sony CEO Howard Stringer wanting to focus on software are correct, the PlayStation division shouldn't suffer as mightily as others.
Reader Comments (190)
Posted: Jan 22nd 2009 10:09AM copa said
1. Gundam, STFU.
2. Stringer's got this all under control. He's running a 60-second Super Bowl commercial featuring a European lady crapping on the toilet. PS3 sales will jump 500% in February, Sony is saved, The End.
2. Stringer's got this all under control. He's running a 60-second Super Bowl commercial featuring a European lady crapping on the toilet. PS3 sales will jump 500% in February, Sony is saved, The End.
Posted: Jan 22nd 2009 10:53AM zsavior said
Holy crap, while your hate for PS3 is scary, I actually agree with some of your post Gundam. I have seen a lot more hateful things said on Joystiq especially if it is an article about the WII doing well. Whoa! What I just don't get is why people feel the need to hate so hard on the WII, or the PS3, Or the 360?
I asked this question before, how does hating a system make your system of choice better. Not that I am denying your Right to hate on this system. It just seems to me Wing that, you sound intelligent and articulate why spend this much time angry at Fanboys and a company that really doesn't care.
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I asked this question before, how does hating a system make your system of choice better. Not that I am denying your Right to hate on this system. It just seems to me Wing that, you sound intelligent and articulate why spend this much time angry at Fanboys and a company that really doesn't care.
Posted: Jan 22nd 2009 11:44AM Knight Marquise said
Zetoss...
And someone doesn't understand just how easy an IP ban can be circumvented.
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And someone doesn't understand just how easy an IP ban can be circumvented.
Posted: Jan 22nd 2009 11:46AM Mr Khan said
Yeah, now that i'm at college i too have felt a slight sense of security knowing i'm more immune from an IP ban, unless someone were so bold as to ban everyone else who goes to the school along with me (though if i'm wrong, please, enlighten me, network diagnostics has always been a fascinating curiosity)
Now, a MAC address ban (if such a thing were possible) would really screw ya
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Now, a MAC address ban (if such a thing were possible) would really screw ya
Posted: Jan 22nd 2009 12:00PM Zertoss said
@Khan
An IP ban would affect the entire school, or at least everyone NATed to that particular IP address. Don't rule it out, though, because if you piss enough people off, they're not above banning your entire subnet. They could also contact the school's IT and report abuse, which would probably get the site filtered for the whole school.
A MAC ban would be impossible. Your MAC address isn't seen anymore as soon as your traffic passes through a layer-3 device (routers, for example).
And yes, these bans are ridiculously easy to overcome, but only if you aren't a complete idiot.
Now if you REALLY wanted to ban someone for sure, you'd have to have a packet shaper between them and the internet, and then you filter all connections to/from Joystiq's IP. They'd never get around that without changing service providers.
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An IP ban would affect the entire school, or at least everyone NATed to that particular IP address. Don't rule it out, though, because if you piss enough people off, they're not above banning your entire subnet. They could also contact the school's IT and report abuse, which would probably get the site filtered for the whole school.
A MAC ban would be impossible. Your MAC address isn't seen anymore as soon as your traffic passes through a layer-3 device (routers, for example).
And yes, these bans are ridiculously easy to overcome, but only if you aren't a complete idiot.
Now if you REALLY wanted to ban someone for sure, you'd have to have a packet shaper between them and the internet, and then you filter all connections to/from Joystiq's IP. They'd never get around that without changing service providers.
Posted: Jan 22nd 2009 12:26PM The Commenter Formerly Known as said
Ok who invited this Gundam kid?!? Man, where's Fernando??...Atleast Fernando made sense and had a valid point most of the time.
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Posted: Jan 22nd 2009 1:49PM (Unverified) said
"3) tmac: Biggest asshole on the planet"
Oh wow I'm honored. I feel like I just won an oscar or something. Thank you :D
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Oh wow I'm honored. I feel like I just won an oscar or something. Thank you :D
Posted: Jan 22nd 2009 3:12PM Johnnynumber5 is powered by cell said
But Gundam even though this is the Internet it's some imaginary place with robots pretending to be people.
I have multiple friends that I met on Joystiq that I converse with on a daily, weekly and monthly basis about all kinds of stuff.
The problem with the Internet is people like you - There is no accountability for you. You can't act in a mature way because there is no consequence for you.
I thought the point of this site was to communicate with other like minded people and exchange online tags to play games. Were it not for Joystiq i wouldn't have a good portion of my top PSN friends to play games with.
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I have multiple friends that I met on Joystiq that I converse with on a daily, weekly and monthly basis about all kinds of stuff.
The problem with the Internet is people like you - There is no accountability for you. You can't act in a mature way because there is no consequence for you.
I thought the point of this site was to communicate with other like minded people and exchange online tags to play games. Were it not for Joystiq i wouldn't have a good portion of my top PSN friends to play games with.
Posted: Jan 22nd 2009 3:25PM Johnnynumber5 is powered by cell said
And one more thing Gundam ...
You must be pretty fascinated with me, chin-poh, t-mac, jebus, fatass & serp to continually mention us in every post you make.
I've said it before that hearing you call others names is ridiculous. I wont waste my time digging through post's but I can guarantee that you have insulted more people than those 4-5.
If you could grow up a bit we might be able to have an actual conversation.
I know it's hard for you being a homosexual minority in the South but we weren't the ones who made you feel inferior. Just accept yourself and everyone else for who they are and stop trying to paint everyone with the same broad brush you were painted with.
There are more to people than saying "asshole, racist, bigger asshole, holier than thou etc .."
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You must be pretty fascinated with me, chin-poh, t-mac, jebus, fatass & serp to continually mention us in every post you make.
I've said it before that hearing you call others names is ridiculous. I wont waste my time digging through post's but I can guarantee that you have insulted more people than those 4-5.
If you could grow up a bit we might be able to have an actual conversation.
I know it's hard for you being a homosexual minority in the South but we weren't the ones who made you feel inferior. Just accept yourself and everyone else for who they are and stop trying to paint everyone with the same broad brush you were painted with.
There are more to people than saying "asshole, racist, bigger asshole, holier than thou etc .."
Posted: Jan 22nd 2009 4:06PM Johnnynumber5 is powered by cell said
Like I said you obviously have issues with being a disinfranchised minority. ITS OBVIOUS.
Keep convincing yourself that your fighting the benevolant cause of the crusaders against you. Your the one on a which hunt here for anyone who disagrees with you. Acting as if your God and you know better than everyone here.
All your doing is projecting your insecurities on everyone else.
Your gay = we get it.
Your black = we get it.
Your gay & black = WE EFFING GET IT.
None of us care about the color of your skin, if you have a chemical imbalance or if you want to have a sex xhange operation.
Stop trying to make everyone else feel like shit because you grew up as an outcast. You START the battles with everyone else. You would be surprised how far you can get in life if your not always grouping everyone together with some stupid ass broad brush of idiocy.
Do you think there is one person here that would mistake you for liking the Playstation? We get it dood you hate your life, yourself and the entire world and us who prefer the PS3 is whom you percieve as your hunter. Were not hunting you. All we do is fucking respond to your comments mate.
For someone who says they don't care about the voting system or what people think about him YOU sure are awful sensitive about it. All you ever do is talk about what people said that HURT YOUR FEELINGS.
Man up.
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Keep convincing yourself that your fighting the benevolant cause of the crusaders against you. Your the one on a which hunt here for anyone who disagrees with you. Acting as if your God and you know better than everyone here.
All your doing is projecting your insecurities on everyone else.
Your gay = we get it.
Your black = we get it.
Your gay & black = WE EFFING GET IT.
None of us care about the color of your skin, if you have a chemical imbalance or if you want to have a sex xhange operation.
Stop trying to make everyone else feel like shit because you grew up as an outcast. You START the battles with everyone else. You would be surprised how far you can get in life if your not always grouping everyone together with some stupid ass broad brush of idiocy.
Do you think there is one person here that would mistake you for liking the Playstation? We get it dood you hate your life, yourself and the entire world and us who prefer the PS3 is whom you percieve as your hunter. Were not hunting you. All we do is fucking respond to your comments mate.
For someone who says they don't care about the voting system or what people think about him YOU sure are awful sensitive about it. All you ever do is talk about what people said that HURT YOUR FEELINGS.
Man up.
Posted: Jan 22nd 2009 10:09AM Vcize said
Year of the PS3 :\
Hopefully 2009 will bring them some money, if they're able to get out a few more of those exclusives we see on the horizon then they'll certainly deserve it.
Hopefully 2009 will bring them some money, if they're able to get out a few more of those exclusives we see on the horizon then they'll certainly deserve it.
Posted: Jan 22nd 2009 10:17AM (Unverified) said
It was a great year for gamers, just not for the company. Lots of great games and all that, but the PS3 is still priced like a luxury product, and the economy is eating those alive right now.
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Posted: Jan 22nd 2009 10:37AM (Unverified) said
yea I'm hoping MOST of that loss is because it went into development/production for Games....i.e. GoW3, Uncharted 2, and whatever that Title was that Jaffe & that reporter was talking about last year when they said it blew them out of the water and they COULDNT talk about, but was NOT God of War 3.....
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Posted: Jan 22nd 2009 10:11AM Negatron said
Preemptive Strike!
Good work Gundam! Now YOU must hold them off until reinforcements arrive. Troops are making they're way from the southwest. Xbots! Cheaarrrge!
*Retreats!*
Good work Gundam! Now YOU must hold them off until reinforcements arrive. Troops are making they're way from the southwest. Xbots! Cheaarrrge!
*Retreats!*
Posted: Jan 22nd 2009 10:16AM zsavior said
Umm...Am I the only one that is lost? I just read they cut their TV division, and now the Games Division is doing bad? Can anybody explain what will sell PS3s over TVs? I know they got a new Walkman coming out I saw it at Gizmondo, it looked damn good to. It was something like the Walkman X but my question is if nobody really knows about that what is sony's new strategy.
Their games division is completely set against XBO360, isn't that a harder battle than, TVs? Xbox360 isn't just going to sit by and let them gain market. I just don't really get what their strat will be.
Their games division is completely set against XBO360, isn't that a harder battle than, TVs? Xbox360 isn't just going to sit by and let them gain market. I just don't really get what their strat will be.
Posted: Jan 22nd 2009 10:17AM McWeen said
:(
Posted: Jan 22nd 2009 10:17AM ripvanwinkle said
It'd be a shame to see Sony drop out of the console business. Hopefully this year they'll be able to see some prosperity.
Posted: Jan 22nd 2009 10:18AM Levi said
I feel so bad for gundam's boyfriend.
Posted: Jan 22nd 2009 10:20AM jorojoserojas said
I hate the economy.
:(
:(
Posted: Jan 22nd 2009 1:11PM jorojoserojas said
I am. I bought pretty much every major game to come out last winter, and I even bought my friend a PS3 for Christmas.
Not enough, I guess. That settles it - 360s and PS3s all around!
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Not enough, I guess. That settles it - 360s and PS3s all around!
Posted: Jan 22nd 2009 10:21AM Danzaiver said
I don't know guys, but I think that 337 million loss means that the PS3 doing really bad. So why can't PS3 fanboys accept reality?
Posted: Jan 22nd 2009 10:25AM (Unverified) said
well thats what happens when you put millions into games that wont be coming out for a few years......dont ya think??
Just like when Sirius gave Howard Stern 500 Million to sign on with them and then posted a $500 million dollar loss that year.......they are slowly but surely making that back...
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Just like when Sirius gave Howard Stern 500 Million to sign on with them and then posted a $500 million dollar loss that year.......they are slowly but surely making that back...
Posted: Jan 22nd 2009 10:21AM (Unverified) said
Good lord....couldnt you have just put this in the OTHER post??? tied them together maybe???
I REALLY am Sure y'all are trying to milk as many hits as you can.......seriously.....I mean y'all cant be lacking THAT much on revenue......I mean I know its a Recession but Advertisers aren't paying less per click are they???
I REALLY am Sure y'all are trying to milk as many hits as you can.......seriously.....I mean y'all cant be lacking THAT much on revenue......I mean I know its a Recession but Advertisers aren't paying less per click are they???
Posted: Jan 22nd 2009 11:10AM Chibi Chaingun said
Personally, I think the only reason one should care if it's in one or two posts is because they can't stand for Sony to get yet more bad press.
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Posted: Jan 22nd 2009 11:16AM (Unverified) said
that has nothing to do with it.....as we are in a GLOBAL economy......ENTIRE STATES are having to close various branches of Government early or take entire DAYS off because they have BILLION Dollar Deficits....
my point is that it can all be put into ONE post....think as you like....other sites under the same branch of Weblog posted the 2 articles as ONE....yet here they made it 2 to generate hits.....and trust if this was about anything else that causes so much back and forth, that could have been put together, I would have said the same thing...
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my point is that it can all be put into ONE post....think as you like....other sites under the same branch of Weblog posted the 2 articles as ONE....yet here they made it 2 to generate hits.....and trust if this was about anything else that causes so much back and forth, that could have been put together, I would have said the same thing...
Posted: Jan 22nd 2009 11:26AM Chibi Chaingun said
Really? Well Kotaku has a wrap up article of Sony's financial woes and links all of their 5 separately published articles on the issue within in a new Sony financial crisis post. Perhaps Joystiq should make a new article and wrap it all up for you in a whole new post.
These sites publish articles as fast as they can to beat the competition, that's why they are separated. Yes, I still believe the reason why anyone would complain is what I posted above.
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These sites publish articles as fast as they can to beat the competition, that's why they are separated. Yes, I still believe the reason why anyone would complain is what I posted above.
Posted: Jan 22nd 2009 11:26AM Vegeta has a ps3 said
Well it's the same reason why they don't do it for news on the same games or whatever.
Cause it's stupid to just simply update the same thread over and over again.
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Cause it's stupid to just simply update the same thread over and over again.
Posted: Jan 22nd 2009 11:31AM (Unverified) said
Vegeta that is True but this stuff was all released at the same time......and on PS3Fanboy AND Engadget(if I'm not mistaken) are all in ONE article....thats all I was saying....
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Posted: Jan 22nd 2009 11:40AM Jack Tretton said
"Kotaku has a wrap up article of Sony's financial woes and links all of their 5 separately published articles on the issue within in a new Sony financial crisis post."
And then the "wrap-up" makes *six* articles on the subject. :P
Kotaku excels at producing multiple articles from a single story. There was an interview conducted with Peter Molyneux at TGS '08 turned into at least four or five articles, each amounting to no more than a short quote or two from Molyneux, and 1-2 sentences of editorial. It was ridiculous. But, hey, quantity over quality is what Kotkau's about now.
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And then the "wrap-up" makes *six* articles on the subject. :P
Kotaku excels at producing multiple articles from a single story. There was an interview conducted with Peter Molyneux at TGS '08 turned into at least four or five articles, each amounting to no more than a short quote or two from Molyneux, and 1-2 sentences of editorial. It was ridiculous. But, hey, quantity over quality is what Kotkau's about now.
Posted: Jan 22nd 2009 2:09PM Professor Lario said
Don't like Joystiq? Please take your business elsewhere...
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Posted: Jan 22nd 2009 2:27PM (Unverified) said
did I say that???
hell yesterday I said something about them doing this to gain hits and my comment was deleted.......TWICE!!!
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hell yesterday I said something about them doing this to gain hits and my comment was deleted.......TWICE!!!
Posted: Jan 22nd 2009 10:23AM Zertoss said
Not 1337. Not 1337 at all.
Posted: Jan 22nd 2009 10:24AM samfish said
Ugh...between this and he focusing on software thing, I'm starting to think that Sony might actually bow out with the PS3 if this stuff keeps up.
Not over this one loss, of course, but if things keep going down the tubes, investors might start making demands, and Stringer's top priority is ultimately about pleasing them.
Not over this one loss, of course, but if things keep going down the tubes, investors might start making demands, and Stringer's top priority is ultimately about pleasing them.
Posted: Jan 22nd 2009 10:26AM jtenma said
Fun fact:
If you look at the side of the screen (where it says breaking news) you will see that it ALL has too do with Sony.
Hmmm....
If you look at the side of the screen (where it says breaking news) you will see that it ALL has too do with Sony.
Hmmm....
Posted: Jan 22nd 2009 10:31AM (Unverified) said
lol.....now we all know that there are no sony fanbots that run this site.....
all the Gamers/Writers here are non-biased.....they have to remain objective its part of there job.....
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all the Gamers/Writers here are non-biased.....they have to remain objective its part of there job.....
Posted: Jan 22nd 2009 10:42AM (Unverified) said
@Gundam:I have yet to see this ad...and I turned off the Ad blocker....and why would you think its FREE publicity??? you dont think that they are Paying to have the ads up here??? lol.....I mean hell I would think so....look at all the needless articles that could have been combined into ONE article like they are on Endgadet or PS3Fanboy....its like they are TRYING to get as MANY separate flame articles up to generate revenue.....
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