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[Zones]

These guys are known to make up fake stories, so...

Bloomberg: "Sony Is Dealing With PlayStation 5 Shortage by Making More PS4s"

Sony Is Dealing With PlayStation 5 Shortage by Making More PS4s

Sony Group Corp. will continue producing PlayStation 4 consoles throughout 2022 as it navigates disruptions to the global supply chain that have limited output of its pricier PlayStation 5.

www.bloomberg.com

Just like this one, Sony denied those claims, and now about a year later with PS5 shortages becoming far less common, we know for a fact that Bloomberg's article was pure utter BS.

Sony Denies Bloomberg's Report that PS4 Production is Continuing in 2022 to Make Up for PS5 Shortage

Sony denies that it had plans to discontinue PS4 assembly at end of 2021

www.animenewsnetwork.com

 

[ZoukGalaxy]

"Bloomberg"

 

[El Pistolero]

I think it's curious that it's this one journalist that's doing them.

Wasn't he the one that said Sony had extreme yield issues?

Oh, I forgot about that FUD piece. I think it was from him, indeed!

 

[systemr123]

Is it even legal to publish these kind of articles with lies in it? I’d imagine it could hit Sony’s reputation/stock value even though it’s a lie. I saw some YouTube videos already of people copying this false statement. If I’d be Sony I’d probably sue the hell out of this guy. It’s proven that he makes up a lot of bad news about Sony with no reliable sources.

 

[Heisenberg007]

Is it even legal to publish these kind of articles with lies in it? I’d imagine it could hit Sony’s reputation/stock value even though it’s a lie. I saw some YouTube videos already of people copying this false statement. If I’d be Sony I’d probably sue the hell out of this guy. It’s proven that he makes up a lot of bad news about Sony with no reliable sources.

It's a loophole.

They said, "according to sources." And journalists are never expected to reveal their sources. At worst, they can just say "well, apparently, that source was wrong."

But it never comes to that. Bloomberg has got the attention and clicks they wanted in the meantime.

 

[Dick Jones]

 

[Jimmyisback]

So, who are lying?... Sony or Bloomberg?

We need a poll.

We will find out with the sales numbers either way.

 

[MasterCornholio]

We will find out with the sales numbers either way.

This isn't about sales though.

 

[Fake]

We will find out with the sales numbers either way.

Are we? Companies those days can inflate or hide those information.

 

[Markio128]

 

[Bragr]

Bloomberg clickbait news DENIED.

Credibility - 1

Total credibility left: - 3489

 

[Katajx]

I need to be more cautious of Bloomberg articles.

 

[ExcitableBoy]

Bloombergs gaming reporting is garbage so this doesn’t suprise me. They seem far more interested in clicks than they do actual factual reporting. Who can forget that switch pro with dlss that they said was launching in 2021.

 

[Jimmyisback]

Are we? Companies those days can inflate or hide those information.

If Sony doesn't release numbers then we already know.

 

[alucard0712_rus]

Bloomberg has terrible videogame knowledge.

 

[MasterCornholio]

If Sony doesn't release numbers then we already know.

It's about production not sales. Its always possible to over supply the market.

 

[X-Wing]

Probably Microsoft sponsored FUD like we saw before the launch of the PS5.

 

[Tiago Rodrigues]

These guys are proven to make up fake stories, so…

This Takashi guy said the same thing for Playstation hardware numbers on its first year and then when the numbers came out after a full quarter it was proven they were wrong.
There's nothing to see here.

This guy hasn't written a single positive article on Playstation in years even when they break records each quarter, lmao.

 

[Jimmyisback]

It's about production not sales. Its always possible to over supply the market.

Sure but eventually they go hand in hand. Do I need to explain that?

 

[Tal Shiar Agent]

Suspect that we got good Sony news about no more stock issues and the next day this dork at Bloomberg puts out a fake FUD article (not his first either).

 

[James Sawyer Ford]

How is this guy still employed by Bloomberg?

Embarrassing

 

[BlitzerRadic]

Wrong. That only applies to financial statements and the like, because they're a publicly traded company. They can refute public media reports all the live long day, there are absolutely no rules about that.

If that is true how is Elon getting sued over false tweets

 

[Fake]

If Sony doesn't release numbers then we already know.

Fair point.

 

[Shane89]

Failberg, and it's not the first time

 

[DenchDeckard]

Let's see how it goes.

as a vr fan I want to be proven wrong.

 

[Hendrick's]

So you believe Takashi Mochizuki and think Sony is being misleading................?

Yes

 

[Flutta]

Still using Resident Evil village to promote PSVR?

 

[DenchDeckard]

They probably haven't but they would NEVER admit it if they had. That would be the most insane comment to make.

"Due to less than desired interest in the psvr2 we have decided to cut manufacturing but please be excited for its release on 22nd of Feb where we will have 30 titles available but have also decided to not fund anymore....gg"

It's a joke. Don't kill me.

 

[systemr123]

They probably haven't but they would NEVER admit it if they had. That would be the most insane comment to make.

"Due to less than desired interest in the psvr2 we have decided to cut manufacturing but please be excited for its release on 22nd of Feb where we will have 30 titles available but have also decided to not fund anymore....gg"

It's a joke. Don't kill me.

They’re not allowed to lie as a publicly traded company so I guess that makes their statement true by default.

 

[Ansphn]

Of course they deny it. What are they going to say? "Yeah we know it just came out and all but the demand is low and we're just going to put our resources elsewhere"

I heard you were a racist, bro

 

[Dr. Wilkinson]

It's a loophole.

They said, "according to sources." And journalists are never expected to reveal their sources. At worst, they can just say "well, apparently, that source was wrong."

But it never comes to that. Bloomberg has got the attention and clicks they wanted in the meantime.

You don't understand how reporting works. There is a journalistic definition for the term 'sources'. There are primary sources, there are secondary sources, etc. You're treating people who studied and went to college for journalism and became reporters, as YouTubers, or people with no experience or expertise just making things up. They wouldn't have run the story if they didn't have trusted sources to back up the reporting. Good grief. This isn't rocket science.

 

[SlimySnake]

They refuted this guy when he said the same thing about their PS5 forecast. Then they ended up missing those targets anyway.

I wouldnt trust anything sony has to say at this point. The guy has a great track record when it comes to Sony.

 

[Dr. Wilkinson]

They refuted this guy when he said the same thing about their PS5 forecast. Then they ended up missing those targets anyway.

I wouldnt trust anything sony has to say at this point. The guy has a great track record when it comes to Sony.

Agreed. 100%

 

[Three]

I need to be more cautious of Bloomberg articles.

I would be cautious in general. Bloomberg is normally Ok but some authors or specific stories might not be.

Yes

Ofcourse you do.

 

[Crayon]

Well it wasn't completely out of the realm of possibility. But in hindsight it does remind me of the pre-launch days when ps5 is going to be super expensive, underpowered, overheats, hard to deveop for, horrible yeilds, etc. Outlets will make up negative stuff to the extent a company lets them. Valve being the worst case where places can say they are an iron fist monopoly, facilitating harrassment, harboring nazi cells and shit like that. Sony seems to be the runner up as they don't like to acknowledge that kind of stuff in general.

 

[ABnormal]

We will find out with the sales numbers either way.

The point is that Sony never released sales projections, but just stated how many PSVR 2 units would manage to build for the launch window. Even sales projection was from Bloomberg, if you go look to that article.
It's not even important. Sony created a VR set for those who want high end VR on console. Did the tech wonderfully, put in production some big titles, and tried to port as many pc VR titles as possible. That's even more than is sustainable, in this niche ps5 VR market. They did everything was possible. After that, it's not on their hands. Until motion sickness is totally suppressed, VR will remain a niche anyway. They seem to be aware of that, so they will be probably grow in expertise on hardware and software, becoming ready for whenever technology will allow that jump to unlocking motion and comfort.
And there are already so many titles coming out together, that they can't simply find enough space and will cannibalize themselves (I hope for them that this mass of games is just for launch and that from now on the releases will be more diluited, in order for developers to have some space to survive. After that, it's a matter of quality).

 

[ZoukGalaxy]

Bloomberg has terrible videogame knowledge.

 

[reinking]

This stuff is hilarious. Almost as hilarious as the people in this thread still trying to spin it that somehow Sony is having trouble/misleading about PSVR2. We'll see if the third time is the charm and they actually have something this time.

 

[geary]

Bloomberg and other journalist are on point when they talk about MS, but outright lie when they talk about Sony. The duality of.... journalism

 

[Raonak]

Lol, who are Bloombergs sources? Phil Spencer?

 

[ABnormal]

Still using Resident Evil village to promote PSVR?

How is different from regular consoles promoted by age old IPs? There will be old IPs and new IPs. Failing to understand the difference in possible investments on VR and on regular consoles is just dumb. And not realizing what are the implication of seeing a VR version of a game running on par, if not better, than the flat screen version, is even dumber. It's difficult to imagine a better showcase ofthat kind of things, when the market doesn't allow yet big budgets on VR only games.

 

[thicc_girls_are_teh_best]

Twice now this specific Bloomberg guy has been outright confirmed wrong by Sony. And no, Sony wouldn't provide an official public statement to lie, otherwise they would get in legal trouble for doing so to their investors & shareholders.

The only person at Bloomberg worth listening to as an insider is Jason Schreir; this specific guy in question (forgot his name) should be a banned source outside of hilarious op-eds he writes in the future.

It really doesn't need a poll. Sony has literally nothing to gain by responding to a report like this, true or not. Best thing to do from a PR perspective is ignore it or try to shoot it down. Iwata used to do it all the time when Nikkei or Bloomberg would leak something way ahead of Nintendo's plan to publicly disclose things. It's common practice.

If a negative rumor is fake and threatens to cause a chain reaction dismantling momentum for a new product before it even launches, driving down forecasts and possibly affecting a public company's stock prices, then nipping it in the bud gains them the ability to procure optimal marketing & messaging of their own product, rather than let outsiders of dubious reputation try spinning it to hurt market uptake.

The difference between this leak and the Nintendo ones you're referring to is, those were probably not leaks that could have negatively impacted faith and uptake into the company's products planned to come to market. Things like "new Wii U specs" or a leak on upcoming Switch features aren't generally going to drive down confidence in the product or company's ability to deliver the product to market successfully. They aren't going to risk lowering the share value, or drive away consumer confidence, especially before the product comes out.

This particular Bloomberg reporter is 2 for 2 now in particularly (potentially) negative Sony/PS5-related "rumors" which have both been officially shot down by the company. At least when it came to the PS5 stock situation, we could maybe have pointed to circumstantial evidence (like decreased PS5 supply) to validate it BUT, this reporter's particular reason was due to "bad yields", when in reality the reduced supply was down to lack of chip wafers to go around.

Takashi Mochizuki's reputation is now absolutely shot; there's not much for him to do outside of op-eds and maybe it's better that way.

 

[Solidus_T]

Is this an example of journalists' Sony bias I've been hearing about?

 

[ahtlas7]

So, who are lying?... Sony or Bloomberg?

We need a poll.

Wait for Sony investor call…

 

[SmokedMeat]

Just to keep score here, Bloomberg articles on a Sony product are bullshit, and Bloomberg articles on Microsoft are factual?

 

[Dr. Wilkinson]

Twice now this specific Bloomberg guy has been outright confirmed wrong by Sony. And no, Sony wouldn't provide an official public statement to lie, otherwise they would get in legal trouble for doing so to their investors & shareholders.

The only person at Bloomberg worth listening to as an insider is Jason Schreir; this specific guy in question (forgot his name) should be a banned source outside of hilarious op-eds he writes in the future.



If a negative rumor is fake and threatens to cause a chain reaction dismantling momentum for a new product before it even launches, driving down forecasts and possibly affecting a public company's stock prices, then nipping it in the bud gains them the ability to procure optimal marketing & messaging of their own product, rather than let outsiders of dubious reputation try spinning it to hurt market uptake.

The difference between this leak and the Nintendo ones you're referring to is, those were probably not leaks that could have negatively impacted faith and uptake into the company's products planned to come to market. Things like "new Wii U specs" or a leak on upcoming Switch features aren't generally going to drive down confidence in the product or company's ability to deliver the product to market successfully. They aren't going to risk lowering the share value, or drive away consumer confidence, especially before the product comes out.

This particular Bloomberg reporter is 2 for 2 now in particularly (potentially) negative Sony/PS5-related "rumors" which have both been officially shot down by the company. At least when it came to the PS5 stock situation, we could maybe have pointed to circumstantial evidence (like decreased PS5 supply) to validate it BUT, this reporter's particular reason was due to "bad yields", when in reality the reduced supply was down to lack of chip wafers to go around.

Takashi Mochizuki's reputation is now absolutely shot; there's not much for him to do outside of op-eds and maybe it's better that way.

Completely disagree. It's not a reporter's job to protect a big company so that they can have the perfect marketing cycle for their product. It's their job to report on a newsworthy story, if it's of public interest. Which, obviously this is. Their only social responsibility is making sure the story can be corroborated and they have solid sources, so that we're getting reliable information. Bloomberg is considered highly reliable. Sony, not wanting bad press in the news ahead of a launch that already doesn't have a lot of buzz, denying a report, is the least reliable in this situation. As they have no reason to confirm this report, as they have nothing to gain from it. So their best option is to ignore or deny. Which is exactly what they're doing.

The need some people seem to have for defending a giant corporation against a pretty tame/standard media report just baffles me.

 

[Three]

They refuted this guy when he said the same thing about their PS5 forecast. Then they ended up missing those targets anyway.

I wouldnt trust anything sony has to say at this point. The guy has a great track record when it comes to Sony.

Is this true? I think people are mixing up years. The guys information was completely off.


In early 2020 he said that PS5 is going to sell less than PS4 in the year ending March 2021, he was wrong. His insder info was apparently saying it will sell only 5-6M.

Then in September 2020 he said that Sony cut their 2020 fiscal year forcast (ending March 2021) from 14 to 11M due to yield issues. he was completely off. This was what Sony denied, they forcast 7M and reached 7.8M.

It was in fiscal 2021 where they didn't meet their targets due to a chip shortage. That had nothing to do with what Takashi was claiming.

 

[ZoukGalaxy]

Still using Resident Evil village to promote PSVR?

Did you ever tried a true VR headset ?

Also, after seeing your profile description "My tears. Exclusive to gamepass. Forever."

is that you Phil ?

 

[Three]

They probably haven't but they would NEVER admit it if they had. That would be the most insane comment to make.

"Due to less than desired interest in the psvr2 we have decided to cut manufacturing but please be excited for its release on 22nd of Feb where we will have 30 titles available but have also decided to not fund anymore....gg"

It's a joke. Don't kill me.

They wouldn't have commented if they had. Denying a report that's true is fraud for a publicly traded company. If they are denying it then the report was false.

 

[SlimySnake]

Is this true? I think people are mixing up years. The guys information was completely off.


In early 2020 he said that PS5 is going to sell less than PS4 in the year ending March 2021, he was wrong. His insder info was apparently saying it will sell only 5-6M.

Then in September 2020 he said that Sony cut their 2020 fiscal year forcast (ending March 2021) from 14 to 11 due to yield issues. he was completely off. This was what sony denied, they forcast 7M and reached 7.8M.

It was in fiscal 2021 where they didn't meet their targets due to a chip shortage. That had nothing to do with what Takashi was claiming.

I dont remember the exact numbers but he mentioned yield issues and said sony was going to end up undershipping. Sony might have hit those 7M but we know that they hit a wall soon after so its possible that his info was a bit outdated but Sony definitely didnt hit their numbers. They just conveniently blamed it on the pandemic.

The other info this guy got right was the BOM which was $450 and he said it was mostly due to the cooling solution. The fact that sony still to this day continues to reduce the size of the heatsink shows that he has some inside sources at Sony and hes mostly right.

With this, its possible Sony will still ship VR headsets but there is truth to pre-orders being lower than what they had assumed. The pre-order invitation debacle proves this.