Gaming News In 2023, Sony and PlayStation will generate $30 billion in revenue… and that’s almost as much as Microsoft and Nintendo combined!
As 2024 enters its third month, it is time to take stock of the previous year. By adding up the results from the different quarters, we learn that Sony and PlayStation generated $30 billion in revenue, almost as much as Microsoft and Nintendo combined.
Sony and PlayStation crush the competition in 2023…
Although this was not necessarily the case a few years ago, it must be admitted that the business strategy of the three big names in the industry is very different today. Nintendo focuses on its original consoles and very mainstream games, Microsoft is abandoning console sales in favor of a policy more focused on acquiring diverse and varied studios and promoting its subscription gaming service, and Sony focuses on its famous premium exclusive products that have made the Japanese manufacturer famous. While each of these three methods is of course successful, they are not necessarily aimed at the same type of player It must be admitted that one of them gives more than convincing results.
Now that 2023 is finally over, it is indeed time to take stock of the results of the industry’s major manufacturers. In an article by our colleagues from TweakTownso that’s what we learn With sales of no less than 30.120 billion dollars, Sony emerged as the big winner of the yearagainst 18,128 for Microsoft et 12,080 for Nintendo. In other words: Sony and PlayStation alone made almost as much money as Microsoft and Nintendo combined. A real achievement that shows that Sony’s strategy is working, even if Microsoft and Nintendo are far from having a failed year.
… Which doesn’t stop them from mass layoffs
While Sony fans can easily use this number for a bang, it’s important to remember that it alone isn’t enough to demonstrate a company’s good health. In fact, you would first have to compare it to the year’s editions to determine a real profit, which could well change some podium finishes. Over and beyond, Although PlayStation has sales of more than $30 billion, that doesn’t seem to stop the company from laying off 8% of its employees, no less than 900 people in total. An assessment that is also shared Microsoft which did not hesitate despite the “buy of the century” from Activision-Blizzard and an increase in sales to 18 billion dollars separate 8% of their workforce, i.e. 1900 people.
Ultimately, only Nintendo escapes the terrible period of massive layoffs, even if they are at the bottom of the podium in terms of sales achieved in 2023. From there to saying that they will emerge victorious in 2023, we leave it to you to draw that conclusion according to your own expectations. One thing is certain: something is likely to change for the three manufacturers this year. The public is still eagerly awaiting the announcement of a possible replacement for the Nintendo Switch, and some rumors about a possible PlayStation 5 Pro are also emerging. For its part, Microsoft has confirmed that in addition to continuing its Game Pass expansion strategy, they are also working on their new hardware. It remains to be seen whether these strategies will continue to pay off in 2024.
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