After seeing a bump launch last November, and receiving many harsh comments from industry analyst and insiders, the PlayStation 3 has taken the first step into turning things around and becoming a dominant force in this generations console battle.
After much pessimism, many analysts are now showing some favor to Sony as recent events such as the Dubai investment and PS3 price cut has lifted consumer and industry confidence into the Sony camp.
"Going forward another 12 months or so I'm sure we'll see better titles turning up as well. I wouldn't say Sony's back on form and everything is going to be OK now but it feels like the proper launch [for the PS3] this year." says Kiroshi Kamide of KBC Securities. Furthermore Kamide said that Sony is "making up lost ground."
On the other hand, David Gibson of Macquarie Security mentioned, "It's certainly a sign that the momentum of the PS3 business is improving.
"The PS3 and the games business is past the worst in terms of financial losses and the sales momentum is improving because of the price cut and the new model."
This all comes as great news to Sony and their fans because the company has been the source of a lot of negativity starting back with launch of the PS3 and its heavy price point. This momentum of Sony and the PS3 is expected to carry over into 2008 as the heavy hitter titles such as Metal Gear Solid 4 release. heres the link: http://www.psu.com/Analysts-show-favor-to-Sony--a0002073-p0.php
Microsoft announced its financial results for Q3 of fiscal year 2026, including an update on its gaming Xbox business and more.
Not looking good. Hopefully Asha Sharma is able to turn Phil’s disaster around.
To me it's still quite remarkable how they can cash-in 5.3bn in revenue in a single quarter, since their hardware is basically dead.
The stock mark is what makes Microsoft remarkable, They have convinced every institutional and retail investor to just keep piling money into them. Like many big tech giants they are just a big growing pyramid scheme. As long as people keep dropping money into ETF's that cover the market Microsoft will always be liquid. At the same time it is completely stifling innovation and competition. People need to start being more discreet in how they invest their money as it's killing the system.
Riiiiight because people will just flock back to them for one or two games per year.
15+ years of bad performance is what they call irreparable in business. It is time for them to sell off the assets and get out of entertainment.
These declines are on the back of extra revenue received from releasing games like Forza horizon 5 on PlayStation. So I’m being sarcastic here when I said they should go back to exclusives. Killing off a revenue stream from Ps5 sales will only make things worse
The charity event will be streamed live from Gamescom in August.
Thanks to the slip-up of an artist working on the title, we now have more evidence that a new Injustice game is in the works.
analysts are about to eat all that chit they been talking the last year about sony :)
analysts thought the dreamcast would beat the PS2 because of it's online abilities, analysts thought the wii would be a failure, analysts thought the 360 wouldn't do any good because the xbox "failed". If analysts believe the ps3 will succeed, I think I'm gonna get worried about the ps3's future.
the analysts doesn't no 5hit at all thats my opinion every console is fun so get used to it analysts =]