Neoseeker : News : Sony posts record $5.7B annual loss amidst slumping PlayStation sales
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BlackLabel May 10, 12
They say this every year though.. Every year is the year of the Playstation and every year they lose more and more money. When are they going to accept what they are doing right now clearly isn't working and aim to work to rectify it, I don't see them doing much to turn around these poor fortunes..
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kik36 May 10, 12
quote BlackLabel
They say this every year though.. Every year is the year of the Playstation and every year they lose more and more money. When are they going to accept what they are doing right now clearly isn't working and aim to work to rectify it, I don't see them doing much to turn around these poor fortunes..
Agreed. They always say the same thing about building up software after a weak hardware release too.
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CoarseDragon May 10, 12
Why are they insinuating these billions have anyting to do with the piddly few millions the PS3 brings in.
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Lorenzo101 May 10, 12
So the company made no profit? Or just not as much as they had hoped?
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BlackLabel May 10, 12
quote Lorenzo101
So the company made no profit? Or just not as much as they had hoped?
I think the last time they made a real profit the Playstation 2 was still in fashion.
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THM May 10, 12
Well...CEOs of SCEI acroos the world still receive 'millions of dollars' despite the losses suffered yearly...

As long as CEOs have 'millions of dollars' in their pockets, losses will be contributed to its techniques of cutting employees, exploitations of work benefits, casualization...etc...

Greedy capitalism contributes towards more losses, after all...
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CarlosMendoza_9101 May 10, 12
i think i know what is the cause of all this, ps vita, that and the fact sony has imitated nintendo an claim they didnt
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ashantiqua May 10, 12
Poor sony, that theres a whole lot of money. But im glad. Im glad youre losing money, sony. You used to be innovative, but no more. Maybe thisll change that.

Remember the trinitron? Huh? What happened? Im still rocking the last pc crt you made because its just that good. Look at your flat panels. Look at them! Even when ps2 was sexy, in game stores you made a kiosk for it using a shit lcd that had a native resolution a good amount beyond what the ps2 was pumping out. Who made that decision??? It made the ps2 look like pure ass.

What happened to your car stereos? The coolest cd car stereo i ever had was by you. I still love it. Yeah, i know, ipods n' shit happened, so who buys that anymore, right? Well your ipod still needs to interface with the car, and driving + looking at an ipod screen sucks ass, so theres opportunity. Cars with built in screens / software? Do it better than what exists.

Ps2... Commercially successful, but since then a lot of your player base has grown up. You wowed at that infamous e3 with all your prerendered razz ma tazz videos of upcoming ps3 games, inconspicuously alluding that they were probably real time.... But then we found out they werent. Worse yet, we saw how far they were from the mark. Then you had company reps claiming in the news you guys nailed the it, claiming the real time shit was just as good as those e3 videos, and you even went on to say the real time stuff did some things better. Sony. My friend. Your pr is pathetic. You need to put this generation way behind you. Its always had a one foot in the grave. Look at your ssmb clone... It could be a great game, but it looks horrible as it is. Youre just preaching to the choir at this point. You have fanboys, congrats, but they clearly arent enough to get you out of this hole.

You need an overhaul, sony. You need to take pride again in what you do. You were never a games company, thats clear. You can purchase exclusives, but that raw creativity just isnt there. If anything, find passionate people with ideas that seem crazy. You seem to be a company that knows how to create the path and walk it, but everyone with you who seemed to have known the destination itself has gone.
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ashantiqua May 10, 12
I pooped a rant, sorry.
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Doug May 25, 12
Good,
I hope they go belly-up. I'm sick of Sony and all of their proprietary cabling for their devices. They've been sticking it to consumers for decades.
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