Quote:
Originally Posted by chemgear
http://www.eurogamer.net/articles/20...story-for-sony
Amid the doom and gloom, PlayStation is doing well. During the quarter ending 31st December 2013 the Game business made a profit of $172m off the back of an impressive 64.6 per cent rise in sales year on year.
I also sorta recall that the Xbox division is losing $2-3 billion a year and investors have been wanting to sell it/spin it off for a long time now. Could be wrong but I think Microsoft tries to combine the patent royalties it gets from Android to smooth over that number.
Could it just be a "matter of time" before Xbox is sold off to say . . . Amazon? Who knows.
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these are relatively selective quotes; not picking on chemgear because the content is all over the place across the internet and it is quite disparate. one estimate had console sales only (no games) for the last gen as m$ losing $3 billion and Sony losing $5 billion. attached games and other services are intended to provide cost coverage and eventually profits for the platforms, which it looks like it did. it isn't billions per year of losses though.
Two Microsoft shareholders and some analysts want M$ to focus on enterprise software and not on consumer electronics due to profitability being higher, not because the entertainment group loses money.
Let's not kid ourselves though; one parent company is definitely more stable financially.
IMO it is best for gamers if both consoles are neck and neck with each other.