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NEWS: 322,000 PlayStation 4s Sold During Launch Weekend in Japan




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mgosdin



Joined: 17 Jul 2011
Posts: 1302
Location: Kissimmee, Florida, USA
PostPosted: Sun Mar 02, 2014 6:13 am Reply with quote
So, Japanese release sales approx 1/3 of North American release sales where Japanese population approx 1/3 North America. That seems reasonable, but how does it stack up with SONY's expectations for the PS4?

SONY is selling their PC Business ( Never much of a presence in the finished PC market, SONY was really only known as a supplier of parts. ), spinning off their Consumer Electronics / Television Business ( Long time successful name, but also a highly competitive market. ) and placing an emphasis on Cameras ( The former Minolta business + SONY's original Cybershot LOB. ) with Games.

So this is quite important for SONY's future. The times they are a changing.

Mark Gosdin
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mdo7



Joined: 23 May 2007
Posts: 6491
Location: Katy, Texas, USA
PostPosted: Sun Mar 02, 2014 9:42 am Reply with quote
hm, that's good. Can't wait to see how the system does in Japan.
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GrilledEelHamatsu



Joined: 02 Sep 2009
Posts: 703
PostPosted: Sun Mar 02, 2014 3:01 pm Reply with quote
mgosdin wrote:
So, Japanese release sales approx 1/3 of North American release sales where Japanese population approx 1/3 North America. That seems reasonable, but how does it stack up with SONY's expectations for the PS4?

SONY is selling their PC Business ( Never much of a presence in the finished PC market, SONY was really only known as a supplier of parts. ), spinning off their Consumer Electronics / Television Business ( Long time successful name, but also a highly competitive market. ) and placing an emphasis on Cameras ( The former Minolta business + SONY's original Cybershot LOB. ) with Games.

So this is quite important for SONY's future. The times they are a changing.

Mark Gosdin


Not well. First of all, Sony shipped 322,000 PS4s but sold 309,000. By sales standards that's a solid number, but by demand standards, that's lackluster and no different from Wii U's weekend sales tally. Don't be surprised to see sales rapidly drop.


You also know that Sony is more than $45 billion dollars in the red as a whole and has lost significant amount of capital and cash flow over a decade period. PS4 makes up a small amount of revenue, but with the rest of their main core divisions waning, PS4 barely makes much of a difference and won't even make a dent in Sony's debt. With a "Junk" credit rating a "F" in growth and profitability ratings, Sony is just a few years from filing Chapter 9 bankruptcy. By 2016, it's almost highly likely.

The misconception with alot of people is that since PS4 is doing well, Sony is doing well. Which is exactly the opposite.
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enurtsol



Joined: 01 May 2007
Posts: 14896
PostPosted: Sun Mar 02, 2014 5:10 pm Reply with quote
mgosdin wrote:

So, Japanese release sales approx 1/3 of North American release sales where Japanese population approx 1/3 North America. That seems reasonable, but how does it stack up with SONY's expectations for the PS4?


Much better launch than the PS3 launch (~180k first week), but in the end they don't expect it to sell total as much as PS3 (80+ million).

And unfortunately, it takes years for console development to finally be a profit - it took Xbox 360 till 2009 and PS3 till 2010 (after ~$3B and ~$5B losses respectively).


mgosdin wrote:

SONY is selling their PC Business ( Never much of a presence in the finished PC market, SONY was really only known as a supplier of parts. ), spinning off their Consumer Electronics / Television Business ( Long time successful name, but also a highly competitive market. ) and placing an emphasis on Cameras ( The former Minolta business + SONY's original Cybershot LOB. ) with Games.


And they're selling their building for around $150 million (they already sold their Manhattan HQ for $1.1 billion): Loss-saddled Sony to sell its Tokyo 'birthplace'
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mdo7



Joined: 23 May 2007
Posts: 6491
Location: Katy, Texas, USA
PostPosted: Sun Mar 02, 2014 6:53 pm Reply with quote
enurtsol wrote:

mgosdin wrote:

SONY is selling their PC Business ( Never much of a presence in the finished PC market, SONY was really only known as a supplier of parts. ), spinning off their Consumer Electronics / Television Business ( Long time successful name, but also a highly competitive market. ) and placing an emphasis on Cameras ( The former Minolta business + SONY's original Cybershot LOB. ) with Games.


And they're selling their building for around $150 million (they already sold their Manhattan HQ for $1.1 billion): Loss-saddled Sony to sell its Tokyo 'birthplace'


Yeah I remember reading about that a few hours earlier but I didn't bother bringing that up, but thanks for doing it for me, Enurtsol. Smile
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