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Sony FY22Q3 Earnings Report

Pelta88

Member
And a vastly cheaper competition to boot not to mention the Series X being more powerful and cheaper.

It's pretty impressive when you see what the PS5 has stacked against it. I guess the games are what made the difference.

giphy.gif
 

MikeM

Member
That's my fellow physical master race brothers and sisters making our last stand.
Handshake Bros GIF

And a vastly cheaper competition to boot not to mention the Series X being more powerful and cheaper.

It's pretty impressive when you see what the PS5 has stacked against it. I guess the games are what made the difference.
PS is the Apple of gaming. Earnings, hardware, software and first party IP all ooze quality.
 
It will considering you can get Xbox games day1 on PC and PC gamepass.
Xbox target would be 80m-90m if they don't fk up. Sony is seeing trajectory of 120+m if they keep this momentum.

Also global audience helps a lot. Xbox doesn't have that.
Sony is competing with a console that's more than twice cheaper than the PS5 since most PS5 out there are being sold in territories where Sony increased its price and they are heavily bundled... I feel like they should be closer honestly.

If this is how they are selling now imagine if they were the same price.

Xbox being 90M...how? Have they crossed 20M by now after over 2 years?
 

Clear

CliffyB's Cock Holster
Strong results, but objectively on the Playstation side they should have had a strong holiday season given they had a new instalment of their arguably biggest brand (GoW) launching virtually unopposed.

Let's be honest; that's an open goal and with all the conserved momentum from releases earlier in the year against a backdrop of hardware supply constraint, if they didn't perform strongly that'd be a massive red flag for the future.

All that said, its still very credit-worthy as it shows that despite the disruption caused by the pandemic, Sony have done a really good job maintaining their momentum.
 

feynoob

Banned
Sony is competing with a console that's more than twice cheaper than the PS5 since most PS5 out there are being sold in territories where Sony increased its price and they are heavily bundled... I feel like they should be closer honestly.

If this is how they are selling now imagine if they were the same price.

Xbox being 90M...how? Have they crossed 20M by now after over 2 years?
Doesn't matter what price is Xbox. Sony simply has more advantage with global audience.
This is important, because we have another system that is competing with these 2.
PC is big in Europe and US. With that being the case, global audience would help you get better numbers, instead of relying on these countries like how Xbox is doing.
It was never a competition to begin with.
MS would need to perform very well globally if they want good numbers.

As for the 80m-90m target, we still have more time. If Xbox can pick up their pace with their first output, they can hit, as long they don't have another fk up.
 

feynoob

Banned
Have you forgotten the PS3?
It had games and studios, plus 3rd party support.
Xbox didn't which is why we had "Xbox has no games" meme.
Their studios are still having problems with their output.
 
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Heisenberg007

Gold Journalism
It's already happened.
Nah. It was a decade ago. Xbox has since launched 2 consoles under Phil's management. And Don Mattrick's Xbox One launch was pacing 60% ahead of Xbox 360. He is not to be blamed.

It's like some failing you on your highschool purposely. That will have direct consequences on your future, and it won't leave you until you can pick your feet up.

That is their state now

Doesn't work like that. Sony also failed during the PS3 generation. They recovered the very next-gen. Why can't Xbox even after 10 years? Still blaming poor old Don.
 

Miyazaki’s Slave

Gold Member
Given these numbers/performance what is driving the PS projection increase? Is the assumption that more players will want the hardware based on software releases (ie Spider-Man 2)?

If software availability is the driving the projections, then why would MS decrease their projections if they have a huge 2023 release plan (ie Starfield)?

Does the availability of the MS first party catalog on PC hurt hardware adoption that much?

What is more important hardware adoption or brand awareness, or are they one and the same?
 

Heisenberg007

Gold Journalism
Strong results, but objectively on the Playstation side they should have had a strong holiday season given they had a new instalment of their arguably biggest brand (GoW) launching virtually unopposed.

Let's be honest; that's an open goal and with all the conserved momentum from releases earlier in the year against a backdrop of hardware supply constraint, if they didn't perform strongly that'd be a massive red flag for the future.
That's not necessarily true, though.

In 2021, Horizon Forbidden West was delayed, and Sony didn't have any big first-party game. Their last "big" first-party was Rift Apart that released in June 2021.

And Xbox launched 2 of its biggest IPs unopposed in an open field: Halo and Forza.

Didn't work out for them.

This strong PS5 performance isn't just about God of War (although it helps a lot). It is a culmination of decades of goodwill and high-quality games. Also, if someone is not into God of War, there's a big lineup of other games with a lot of variety to dip into.
 
Given these numbers/performance what is driving the PS projection increase? Is the assumption that more players will want the hardware based on software releases (ie Spider-Man 2)?

If software availability is the driving the projections, then why would MS decrease their projections if they have a huge 2023 release plan (ie Starfield)?
Simple: Demand and Supply. There's millions of people out there that tried and failed to have a PS5 for years.
Gaf doesn't understand that there's a world outside the USA that hasn't seen a single PS5 unit in store since day one, specially in Europe. And that's finally changing right now.
Playstation as a brand is incredibly global and many of those countries haven't seen units widely available.

You could send 1M units to Germany to stores and they'd probably sell out at this point.

Sony is counting on those hungry markets that always supported them and could barely get any units so far.

They also just started a marketing campaign kind of relaunching the PS5. That may boost the numbers.

Then later this year not only is Spider-Man 2 releasing, but we also have the PS5 slim releasing and possibly a PS5 price cut (since it won't have the disk drive natively). That's going to drive even more sales to it and i'm not counting on other games like Final Fantasy XVI. There's also the fact that Hogwarts...even if it's not an exclusive game it's incredibly tied to PS5 right now with the marketing campaign, with the exclusive content and the fact the last gen versions were delayed, meaning PS5 will be the go-to console for the game. I'm sure there will be some sort of hardware bundle as well.

Meanwhile i see both Xbox consoles for about a year in my country with no issues.

It's all about demand these two consoles have.
 

Poltz

Member
They have to cut the price, because if they don't, the attach rates [the number of games each console owner buys] are likely to slow," said Kotick. "If we are being realistic, we might have to stop supporting Sony." Kotick told the Times he's looking at 2010 and 2011 for Sony, whose games business lost $597 million last year, to get its pricing in line with the rest of the market, even if it means risking further losses. "When we look at 2010 and 2011, we might want to consider if we support the console,"
Activision also threatened to walk away from the PS3. Sony doubled down on 1st Party and are reaping the rewards now. https://www.gamedeveloper.com/pc/kotick-activision-could-withdraw-ps3-support-without-a-price-cut
 
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Mibu no ookami

Demoted Member® Pro™
Back in the days of PS3 Sony didn't want people to know the hardware sales numbers either. But the people on the inside know how bad it was and opened the purse strings to AAA first party game at a major loss. They weren't in denial at least privately.

However Nintendo set the example for honesty. Because gaming is their main business, they can't hide the numbers without being fraudulent. So we know the Nintendo sales numbers for the good times and bad. And Nintendo is able to recover from Wii-U because they were honest with their flaws.

Microsoft really need to go public on their Gamepass numbers. Because the sooner we know how bad it is, the sooner someone could right the ship. Trying to pretend everything is fine, is not how you solve a problem.

There really isn't any "righting" the ship. The model is misguided base on the level of control Microsoft has and the userbase of the XSX/S.

They have to pay for these games on Xbox AND on PC... that's a tremendous cost. Even with their first party games like HiFi Rush, you can get it on PC for a month of GamePass, beat it, cancel GamePass, wait for Starfield. Mind you, Hi-Fi Rush is only 30 or 40 dollars, but they have no income from PC gamers buying non MS games via Steam.

The cost to keep these subscribers is too great. GamePass won't automatically get cheaper if the global recession causes fewer subscribers to join or keep the service. 3rd parties will want MORE money to account for lost sales and Microsoft will want to cut expenses as much as possible. Q3 was bad for Microsoft but Q4 will be even worse.
 

Mibu no ookami

Demoted Member® Pro™
Competition of the decade 🔥

Also for those wondering, Sony will relaunch PS5 in September with new streamlined version & probably a new base price of 399.99 or something close to it.

I wouldn't expect a PS5 price drop anytime soon with the demand still outstripping supply.

I think we'll see the PS5 slim replace the PS5 and PS5 DE at 500 and PS5 will definitely outpace PS4 if they can make enough units. That's really the only question at the moment. With Spider-Man 2 coming out probably in the 2nd half of the year, demand is going to be crazy. Can already see the bundle for 560.
 

Mibu no ookami

Demoted Member® Pro™
Xbox was very strong in that gen.

The writing was on the wall for Xbox when the typical 7th gen chest beating about sales numbers morphed into the ambiguous and harder to define "user engagement" numbers.

I can't believe that clown still has a job at Xbox.
Dude boasting about npd sales.
Which makes it even more sweet that Ragnarok sold more than halo 5 in 2 month.

A few items to note here:

1. Because this is NPD is ignores the European numbers which probably represent half of the sales of those PS3 games or close to it.
2. I think it speaks to the strength of the Halo brand at the time under Bungie but also kind of the ceiling of Sony first party with the PS3 userbase at the time.

The Last of Us was the best selling Sony PS3 title with 7 million copies sold. The Uncharted games topped out at 6.6 million and God of War sold 5.2. Throwing in Killzone and Resistance 1+2, really don't do much.

I give Phil Spencer a hard time because I don't think he's really great at what he does, but he has a pretty bad hand. They're throwing money after Halo, Fable, and Gears without the original teams and that hasn't worked out. Because it hasn't worked out he bought established studios/publishers, but in Bethesda one that has a troubled history with releases, and now in ABK that may or may not go through, while handcuffing his strategy for 2 years one way or the other. 2 years is a lot of time to be stuck in the mud in gaming, especially at the start a generation (but there's really no good time to buy a company the size of abk when game cycles can be 5+ years)
 

Mibu no ookami

Demoted Member® Pro™
Sony have really carved out a sizeable consistent market. I know it's used as an insult but the polished cinematic 3rd person market, basically belongs to Sony and it is a big segment.

Not sure that's really the case.

Sports games are basically a dime a dozen right now, but MLB The Show is one of the most successful sports franchises as of late since it has gone multiplatform.

Dreams was also a highly acclaimed game.

Pretty much all of their games are polished, so it's going to be interesting to see them toss their name in the ring for multiplayer, F2P, and GaaS type games.
 

Heisenberg007

Gold Journalism
This is really going to pick up with FF16. Will probably have 6 figure weeks again.

We'll see if Dragon Quest 12 is on Switch and/or PS4/5.
Yep, DQ12, KH4, FF16, (and possible/eventually) Persona 6.

If all of these 4 games are PS exclusives, PS will sell crazy numbers in Japan.
 

SlimySnake

Flashless at the Golden Globes
Absolutely insane hardware numbers. Jesus.

Gow saved their ass. 20 million after posting two 6.6 million quarters shows just how much gow was responsible.

So the quarter when hfw, mlb and gt7 came out Sony crushed it with 14 million sales. Then dropped to 6.6 million the next quarter and then again despite the release of tlou. Down from the year before.

We might be able to Sherlock Holmes the hfw, gt7 and tlou numbers by comparing the quarters. If gow sold 10 million by the end of December then half of the 20 million were gow alone. That would put hfw, mlb and gt7 at 7 million in q4 of last year when they sold 14 million.

I’m surprised Sony sold fewer units the quarter tlou came out because they had no new releases in the year before that.
 

diffusionx

Gold Member
A lot of people really loved the PS4 and I fully expected the PS5 to be a massive hit, I just didn’t think it would take them 2 years to get supply issues sorted out. I think we are really going to see massive, massive PS5 numbers going forward and all Sony has to do is keep delivering games which they seem set up to do.

And a vastly cheaper competition to boot not to mention the Series X being more powerful and cheaper.

It's pretty impressive when you see what the PS5 has stacked against it. I guess the games are what made the difference.
Games are the only thing that matter, ever. Nobody is buying one console over another because it has a few extra teraflops. It’s absolutely meaningless. I feel like this is something people re-learn every generation. Sony has games and MS does not.
 

fermcr

Member
I can't believe that clown still has a job at Xbox.
Dude boasting about npd sales.
Which makes it even more sweet that Ragnarok sold more than halo 5 in 2 month.

You make fun of him for boasting sales, and you do the exact same thing... Full circle. You basically making fun of yourself.
 

Mibu no ookami

Demoted Member® Pro™
Absolutely insane hardware numbers. Jesus.

Gow saved their ass. 20 million after posting two 6.6 million quarters shows just how much gow was responsible.

So the quarter when hfw, mlb and gt7 came out Sony crushed it with 14 million sales. Then dropped to 6.6 million the next quarter and then again despite the release of tlou. Down from the year before.

We might be able to Sherlock Holmes the hfw, gt7 and tlou numbers by comparing the quarters. If gow sold 10 million by the end of December then half of the 20 million were gow alone. That would put hfw, mlb and gt7 at 7 million in q4 of last year when they sold 14 million.

I’m surprised Sony sold fewer units the quarter tlou came out because they had no new releases in the year before that.

Kind of a poor take. TLOU was a 70 dollar remake that they released in advance knowing it would pick up sales later when the show launched.

So, yeah, it would make sense that those quarters would be less performative and you don't need every quarter to outdo the previous one. Game release cycles, especially for Sony aren't going to do that.

I'd also caution trying to piecemeal the numbers because it's not all new releases.

Miles Morales still has legs. The Last of Us Part 2 was the 5th most downloaded game in the EU Ps store in December and 7th in the US for PS4 games, both ahead of Ragnarok. God of War and God of War 3 remastered were also in the top 20 on both lists. Marvel's Spider-Man was 16th on the EU chart.

It's not all new releases and a lot of these games especially discounted are being picked up by people throughout the year as they buy PS5s like Demon's Souls. Are these games selling million of units individually? No, but collectively, they're probably doing pretty decent numbers.
 

gothmog

Gold Member
Competition of the decade 🔥

Also for those wondering, Sony will relaunch PS5 in September with new streamlined version & probably a new base price of 399.99 or something close to it.
SM2 will move a lot of units at current retail so I'm curious what they will price the new version at?
 

Mibu no ookami

Demoted Member® Pro™
The biggest indicator of how well software will do in a given quarter is probably how well hardware did in a given quarter all things being relatively equal, but we also can't forget 3rd party titles as competition.
 
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