How does Sony still have money? I always hear that all their non-Playstation divisions are doing poorly, and that even that is making less money than it used to. And yet they're still able to purchase a company as huge as Kadokawa?
Sony's gaming division is a pretty small part of the company, though it's a bigger percentage now than it was even ten years ago, and it was always about encouraging secondary purchases which would likely also be Sony products. The playstation was created largely to get media players into people's home, because there's a good chance Sony publishes the media and makes the TV/stereo you'd play it on, especially in Japan. The first playstation was a trojan horse CD player, then the PS2 was a DVD player, the PS3 was a bluray player, PS4 was bluray 3D, PS5 was digital and UHD Bluray. For a lot of people, their gaming console was the first or only device they had to play these things.
How does Sony still have money? I always hear that all their non-Playstation divisions are doing poorly, and that even that is making less money than it used to. And yet they're still able to purchase a company as huge as Kadokawa?
They make a killing in electronics, banking, and insurance in Japan.
They are basically a cartel in Japan, I think they may be even more powerful than the Big 4 of Korea.
According to Wikipedia the PS5 has sold less units that the fucking 3DS
Sony's gaming division is a pretty small part of the company, though it's a bigger percentage now than it was even ten years ago, and it was always about encouraging secondary purchases which would likely also be Sony products. The playstation was created largely to get media players into people's home, because there's a good chance Sony publishes the media and makes the TV/stereo you'd play it on, especially in Japan. The first playstation was a trojan horse CD player, then the PS2 was a DVD player, the PS3 was a bluray player, PS4 was bluray 3D, PS5 was digital and UHD Bluray. For a lot of people, their gaming console was the first or only device they had to play these things.