That's 5/5/10/5- Shortages over almost all over the world
- February/March 3rd party software was up YoY
- 25M forecasted for the current FY
That's 5/5/10/5- Shortages over almost all over the world
- February/March 3rd party software was up YoY
- 25M forecasted for the current FY
Finally,After next 2 quarters, we probably won't talk about residual demand anymore and we'll probably see where it should be, maybe,...- Shortages over almost all over the world
It is not. The amount of consoles shipped this quarter was humongeous and anyone with knowledge of past successes in the industry were rightfully skeptical when Sony announced their goals. Of course, anyone would have agreed with a prevision in the 5M to 5.5M range but Sony came up with something beyond that. And they topped that lofty goal by 100k.I don't know why many people are so surprised with these numbers. PS5 had crazy shortages during first years, and now Sony resolved the problem and shipped a lot to meet a demand. It's completely expected. Still tracking a little behind PS4.
Nintendo and Sony have different accounting methods. They cannot be compared.It's amazing that PS has 2X higher revenue than Nintendo and Nintendo has 2X higher profits than PS.
So this FY or FY2024 should be peak year for PS5 in terms of hardware sales.
It will be crucial to bring back down the price in UK, EU and Japan to the original MSRP.
25m seems very doable, there's still some pent up demand and FF16 and Spidey 2 will be huge for PS5, plus we're now getting more next gen only third parties like Jedi Survivor which encourages upgrades from people.
Where do you see this ? Loving the thread's talk so far and didn't see anything close to the dismissiveness you pointed out.I knew the next goal post would be "but muh overshipping". This is so predictable.
Sony are saying Profit this quarter is down YoY because of Bungie's acquisition costs and a higher cost of development, which they attribute to them releasing live service games this fiscal year.
The potential gains were similar, it is just that the wager cap was way higher on the "high-odds" event.What astonished me about the bet was that it was a 9x payout (e.g. bet 100 and end up with 1000, a +900 gain) which is like those days when the bookie is absolutely wasted. To think with such a massive payout and much, much better than a 1-in-9 chance that nearly everyone would be on one side of the bet, but bafflingly almost half the betters decided to take absolutely terrible odds for an even worse potential payout.
So the "cap" for the two sides wasn't even? A lot of people may have lost even more than 100 points? That just makes it even more baffling since you are risking much more if that is the case.The potential gains were similar, it is just that the wager cap was way higher on the "high-odds" event.
No, it's the biggest CY Q1 (January-March) ever. The Switch shipped 6.86M in CY Q3 2020. I think the DS also shipped more than 6.3M several times in different Q2s and Q3s.Wow, is it the best non-holiday quarter ever?
Bungie cost $3.7B and the USD has strengthened against all currenciesThat operating profits is too low.
Operating income decreased 96.1 billion yen year-on-year to 250.0 billion yen. This significant decrease was primarily due to an increase in costs, mainly for game software development and expenses associated with acquisitions completed in the current fiscal year including Bungie, Inc.*, in addition to the impact of the above-mentioned decrease in sales of non-first-party titles. This decrease in operating income was partially offset by the impact of the above-mentioned increase in sales of first-party titles as well as a decrease in losses from hardware. During the current fiscal year, there was a 32.4 billion yen negative impact from foreign exchange rate fluctuations.From modiz on Era:
According to Sony projections they should be launching 5 GAAS until March 2024, though I think that seems unlikely at this point since they also planned to release 2 GAAS until March 2023 and that didn't happen.
It is an all time record of 6.3M PS5 distributed on the 3 first months of the year, for a total of 38.4M. Launches aligned, it is now above Switch (but behind NDS and PS4), with an amazing pace! But to be fair, NSW had one less christmas on the period.
This should be relatively easy to confirm or debunk. We have good estimates of US and Europe sales and real numbers for Japan. Maybe someone will compile the information and then we'll know more.I knew the next goal post would be "but muh overshipping". This is so predictable. I've explained it multiple times before how the sell through should also be close to 6M for the quarter but people just don't want to listen.
Don't worry if my estimations are correct, we should get the next sell through milestone by June.
It's +1000 in Vegas odds, not +900, since your bet gets returned to you, too.What astonished me about the bet was that it was a 9x payout (e.g. bet 100 and end up with 1000, a +900 gain) which is like those days when the bookie is absolutely wasted. To think with such a massive payout and much, much better than a 1-in-9 chance that nearly everyone would be on one side of the bet, but bafflingly almost half the betters decided to take absolutely terrible odds for an even worse potential payout.
When people think something is a sure deal, they have a tendency to put money in without hedging appropriately.So the "cap" for the two sides wasn't even? A lot of people may have lost even more than 100 points? That just makes it even more baffling since you are risking much more if that is the case.
When the Chargers went up 27-0, a bettor bet $1.4 million on them to win the game to net $11,200. Jacksonville came back and won 31-30. @DKSportsbook has confirmed that this bet was indeed made.
...what exactly is your basis for "little compelling software"? Plenty of critically acclaimed games have come out recently.Great numbers for how little compelling software there is.
Continues to prove modern PS/Xbox console sales are driven from mainstream consumers wanting a 'Fifa/Madden/COD/occasional Western AAA' box and not much more.
What do you expect for this quarter? Q1 is usually bigger than Q4 but it’s hard to guess as last quarter was the first time PS5 was in supply. I think minimum 5M based on their FY23 forecast.I definitely think expect a more normal sales curve for PS5 from now on. I don't think shipping 6M+ during the Jan-Mar quarter will happen ever again, but holidays should be higher to compensate.
With Spidey 2 they can afford a lot of shipments later in the year making up for a slower start, so anything 4M+ for this next quarter keeps the forecast on track. That being said especially with the FF16 bundle towards the end of the Q they're probably expecting ~5M.What do you expect for this quarter? Q1 is usually bigger than Q4 but it’s hard to guess as last quarter was the first time PS5 was in supply. I think minimum 5M based on their FY23 forecast.
Diablo, Star Wars, SF6 & Final Fantasy XVI all come out this quarter. Q2 will include Spider-Man 2 and presumably the new model launch.With Spidey 2 they can afford a lot of shipments later in the year making up for a slower start, so anything 4M+ for this next quarter keeps the forecast on track. That being said especially with the FF16 bundle towards the end of the Q they're probably expecting ~5M.
It’s more impressive since most 1st and 3rd party games have been cross-gen.“Sales of the hardware are increasing on par with Sony’s plan, but the momentum of software, the lucrative part of the game business, remains weak. This shows PlayStation users are not buying new games,” said Hideki Yasuda, an analyst at Toyo Securities.
Keep in mind that Sony is combining PS4 and PS5 software sales.It’s more impressive since most 1st and 3rd party games have been cross-gen.
But it’s very very possible the trend will change this year when most developers will start making PS5 only games.
I do understand that, but the PS4 has been in decline from about 3-4 years now. And there are not too many PS5 only games. By March 2016, more than 90% of the PS4 catalog was PS4 only games (1st party) or PS4/Xbone (3rd party).Keep in mind that Sony is combining PS4 and PS5 software sales.
Some interesting analysis here to counter-balance the positivity.
The delayed adoption of the PS5, which launched in late 2020 but has been limited by production challenges, is showing signs of hampering Sony’s ability to monetize the hardware through higher-margin software and subscriptions. Game sales in the latest quarter were down to 68 million units from 70.5 million in the same period a year earlier. The company reported operating profit of ¥128.5 billion.
“Sales of the hardware are increasing on par with Sony’s plan, but the momentum of software, the lucrative part of the game business, remains weak. This shows PlayStation users are not buying new games,” said Hideki Yasuda, an analyst at Toyo Securities.
SNIP
“On the software side, Sony has a lot of work to do,” said industry analyst Serkan Toto. “Everybody is waiting for PlayStation mobile and live-service games: Where are they?”
Some interesting analysis here to counter-balance the positivity.
The delayed adoption of the PS5, which launched in late 2020 but has been limited by production challenges, is showing signs of hampering Sony’s ability to monetize the hardware through higher-margin software and subscriptions. Game sales in the latest quarter were down to 68 million units from 70.5 million in the same period a year earlier. The company reported operating profit of ¥128.5 billion.
“Sales of the hardware are increasing on par with Sony’s plan, but the momentum of software, the lucrative part of the game business, remains weak. This shows PlayStation users are not buying new games,” said Hideki Yasuda, an analyst at Toyo Securities.
SNIP
“On the software side, Sony has a lot of work to do,” said industry analyst Serkan Toto. “Everybody is waiting for PlayStation mobile and live-service games: Where are they?”
4-5M, largely depending on how much PS5 sells in June since that's when a slate of big releases will launch (FFXVI, Diablo, SF6). April and May will definitely be slower months.What do you expect for this quarter? Q1 is usually bigger than Q4 but it’s hard to guess as last quarter was the first time PS5 was in supply. I think minimum 5M based on their FY23 forecast.
Makes sense since PS5 software is gradually accounting for a bigger share of overall PlayStation software sales while being more expensive than PS4 software.Software revenue is significantly higher this FY though, despite the lower amount of units.
And the difference doesn't come from MTX, but mostly from physical/digital sales. People are buying less games but spending more money.