Sony Selling U.S. Headquarters

[AzrealMaximillion]

... And this is why I think the PS4 is gonna be as "Weak" as the WiiU. Sony is in such a dire straight (And this clearly shows that) that they need to use weaker technology (Like they did with the PS1 and PS2). Another "Five Hundred and Ninety Nine Dollar" Console will kill them!

If it were a console race of just MS and Nintendo I'd bet that a lot of those kinds of games would find their way to the PC before landing on what's considered to be "the North American console that caters to online multiplayer", and "the console that has an interesting dynamic but bad history with 3rd party support and even worse history with localization(Mother 3, Operatiion Rainfall needing to happen."

My point is, a two console competition would be the worst outcome for gaming no matter how you slice it.

To be completely Honest, I think a Nintendo vs. Microsoft only Console War would be a repeat of Nintendo vs. Sega: They fight neck and neck and Nintendo barely comes out on top.

If if were a repeat of Nintendo vs. Sega, I'd say that Nintendo's at a disadvantage considering that they're mirroring Sega's treatment of 3rd Party devs. And Sony isn't as bad off as you're making them seem. They and MS have subsidiaries for gaming. Gaming is the majority of Nintendo's business.

All off the Big 3 are hurting right now but Nintendo's the most financially vulnerable. Not to say they'll go down, but they're locked in to the gaming industry. Sony and MS can leave and not care. Honestly, if it were to be a 2 console market, I could see Sony or MS outspending Nintendo one on one.

 

[Beautiful End]

Here's something that might help: PS4 with backwards compatibility and at a decent price.

But you know what they're gonna do instead? Sell the PS4 with no BC and at a very high price.

Caaaaaause...that's Sony for ya!

 

[Lunar Templar]

o.0

well, i knew they where having problems but damn ...

that's what releasing crap no one wants will do though

 

[Jumwa]

All off the Big 3 are hurting right now but Nintendo's the most financially vulnerable. Not to say they'll go down, but they're locked in to the gaming industry. Sony and MS can leave and not care. Honestly, if it were to be a 2 console market, I could see Sony or MS outspending Nintendo one on one.

Gamers have been reading the negative-Nintendo news too long.

The reason Kaz Hirai was made president of Sony is because the gaming department was the only profitable portion of Sony for ages. That's been changing as the Vita bombed and the PS3 didn't meet expectations.

Sony can not afford to cut and run from gaming.

 

[Atmos Duality]

The sale of the 37-story building, located at 550 Madison Avenue, is part of a "range of initiatives" Sony is taking in order to improve cash flow. To do this, the company is "carefully selecting investments, selling assets and strengthening control of working capital such as inventory."

Translation: "WE ARE FAILBOATING AND NEED CASH."
Welp, nothing can expand forever, and after witnessing their propensity for self-destruction and certain anti-consumer practices, it's not surprising.

 

[MrHide-Patten]

Well looks like I gotta invest in a good PC gaming rig and learn how to use a mouse and keyboard. My console gaming days are coming to end as it would seem... but then Microsoft locks down their stuff Apple style and I give up completely.

 

[AzrealMaximillion]

All off the Big 3 are hurting right now but Nintendo's the most financially vulnerable. Not to say they'll go down, but they're locked in to the gaming industry. Sony and MS can leave and not care. Honestly, if it were to be a 2 console market, I could see Sony or MS outspending Nintendo one on one.

Gamers have been reading the negative-Nintendo news too long.

The reason Kaz Hirai was made president of Sony is because the gaming department was the only profitable portion of Sony for ages. That's been changing as the Vita bombed and the PS3 didn't meet expectations.

Sony can not afford to cut and run from gaming.

Uhh, yeah they could. If Sony dropped gaming they'd stop taking a loss on every console/handheld they sell. You forget, Sony is a massive corporation, and also owner of the second biggest music label on the planet as well as Sony Pictures. Profits from those 2 subsidiaries alone have gone up decently. Sony the Corporation is by no means hurting for cash, and could take leaving gaming easily. Especially since that would mean they'd be selling off IPs, studios, and franchises, which would make them a few billion easily. I could see EA, Activision and Ubisoft in bidding wars for a lot of the rights to gaming franchises, a lot of which Sony owns but has done nothing with for a long time.

 

[AzrealMaximillion]

I wasn't aware Sony needed the money that badly.

Believe me, financially they're in the shitter.

They were worth around $120 billion at the start of this decade. They're now worth about $11 billion. While that's a large amount in itself, it's also a drop in value of 90%. If they don't sort out their TV and phone departments soon, they're going to go down the drain. They're already getting their rating downgraded to 'junk' by creditors, and things will only get worse if they don't pull the finger out.

Lolwut? Sony for $11 Billion? Not freaking likely. I could see that for just their gaming, but surely not the entire corporation. Sony's music label alone is worth $6 billion and profits for that have gone up. Same with Sony Pictures and that's worth $8 Billion. Sony Inc is worth closer to $144 Billion dollars. Sony ranked many places higher on the top Fortune Global 500 list than MS and MS is worth about $120 billion.

[link]http://money.cnn.com/magazines/fortune/global500/2012/full_list/index.html[/link]

Where'd you get $11 billion from?

 

[Owyn_Merrilin]

Man, Sony's consumer electronics division had better not fold. They make the best cheap (say, sub $20) earbuds on the market. That may not sound like much in the way of brand loyalty, but it's enough -- there aren't all that many brands I feel any sort of loyalty to.