None of the consoles are making any money

#1dcorzoPosted 2/19/2014 7:36:37 AM
http://www.forbes.com/sites/adamhartung/2014/02/18/microsoft-should-give-xbox-one-to-nintendo/?utm_campaign=forbestwittersf&utm_source=twitter&utm_medium=social

Firstly, the console game business has not been a profitable market for anyone for quite a while.

The old leader, Nintendo, watched sales crash in 2013, first quarter 2014 estimates reduced by 67% and the CEO now projecting the company will be unprofitable for the year. Nintendo stock declined by 2/3 between 2010 and 2012, then after some recovery in 2013 lost 17% on the January day of its disappointing sales expectation. Not a great market indicator.

The new sales leader is Sony, but that should give no one reason to cheer. Sony lost money for 4 straight years (2008-2012), and was barely able to squeek out a 2013 profit only because it took a massive $4.6B 2012 loss which cleared the way to show something slightly better than break-even.


Discuss
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#2HENTAIDOJIPosted 2/19/2014 7:39:43 AM
Sigh. MS made $842M last quarter on xbox.

Please stop your dribble. Yes. Dribble.
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#3dcorzo(Topic Creator)Posted 2/19/2014 7:42:28 AM
it's not my drivel.

Just presenting an article for discussion.
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#4kennyynnooPosted 2/19/2014 7:45:49 AM
Accessories and software make the money, you spend more on them then the console and the console doesn't profit much if at all.
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#5HENTAIDOJIPosted 2/19/2014 7:46:06 AM
dcorzo posted...
it's not my drivel.

Just presenting an article for discussion.


I said dribble!
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