Edit: Sony's market value drops a staggering 20 billion USD in a single day!

https://www.aroged.com/2022/01/19/sony-market-value-drops-by-20-billion-in-one-day-because-of-microsoft/

This is crazy. Get out while you can!

Without Playstation, Sony is nearly bankrupt. And without games, there is no Playstation.

We're seeing a transitioning to a new era of gaming and entertainment in general. When smaller companies can't afford to compete with the bigger fish, they get eaten up by those bigger fish.

This is a BIG BLOW to Sony, but this isn’t going to “kill” them. Now if MS bought out Rockstar as well, now then I’ll be on the next train to “Sony can call it a night” stop.

Very annoyed by the news. Hopefully, Sony will have something up its sleeves that will shock the world.

Stocks go up and down. It is a pretty useless metric to evaluate a company of a one day loss.

This is normal. It will bounce back over time and especially with big game releases

Pretty standard end-game stuff in any industry.

Sony will be fine.

"Too big to fail" and all that.

Not true.

Gaming counts for <25% of their yearly revenue. We saw a spike in 2020 because of the PS5 but that will likely go down.

One of their executives said not too long ago they don't really need the gaming part or something along those lines.

With that said, it does make up a solid chunk of their revenue and I imagine they are worried, I just wouldn't be all doom-and-gloom about it.

Exactly. This drop might be coincidence, might stem from silicon chip shortages and not being able to meet demand, might be due to the MS acquisition of ABK, or a combination of factors.

Musk can make Tesla stock drop or go up with a mere tweet.

I wouldn't read into it too much.

Hell, I might buy some Sony stock when it stops dropping; Playstations are still in demand, as are all other Sony products.

The hate boner continues. This stuff reminds me of TigerSuperman only more obnoxious.

lol. that made me laugh

Eh its normal. Nintendo stock goes down nearly 20% in december.

Especially because the market had a bad day overall.

you invested in sony look at your profits they are down with this aquisition

The Cows have been MILKED.

If you look at the markets today, nearly every company is down. It's just a bad day overall in the markets

Square + 4.61%

Nintendo + 1.52%

Konami + 2.53%

Capcom + 5.82%

Sony - 9.60%

This is Sony fans in this thread

GS is mostly an anti-sony site, weird.

Cows damage control is so classic. Yesterday was an amazing day.

This is seriously a nothing.

Sony recently announced their EV cars, so if Tesla, Nio, Rivian are any indication, Sony should double in value from that alone (not that it makes sense). Plus MS and Activision deal might get blocked by the time they'll finalize it.

@rmpumper: lol, Sony is so clown. They’ll never make EV cars, they are a joke.

It's now down 13% keep telling yourself that though :p

@john_connor: Stock prices goes up and they go down, it’s quite normal.

It’s hardly going to break Sony.

@kadin_kai: Lets hope losing some of its biggest games will 😊

QUICK SONY... ANNOUNCE A ONE YEAR EXCLUSIVITY DEAL... OR SOMETHING.

Maybe exclusive rights to Street Fighter VI.

Start banging out yearly Killzone games to counter the loss of Call of Duty. Even though you're not even as good as 343i at them.

Sony should be concerned if its stock prices continue to fall in the next several days, not just a single day.

Stock go up n down, but this is Sony's biggest drop since 2008 so take it as you will

@onesiphorus: At most Sony has just lost a potential handful of games being released on their console. That is it.

And these games are not what drive PlayStation sales. PlayStation is still making Horizon, God of war… nothing has changed internally.

Stock prices will always fluctuate. Besides it’s now back up to -7.00%.

@kadin_kai: The top selling games on PlayStation don’t drive console sales? Well then what do they do?

And Sony stock as of now is -8.95%.

343i only really hit home run with the last one.

Halo MCC was a mess on launch

Halo 4 wasn't all that special

Halo 5 was getting there

There goes cows hopes of Sony doing a tit for tat by acquiring a publisher if the trend continues and won't immediately bounce back. Just goes to show the investors confidence. Sony can't raise more debt for the acquisition if the market cap keeps on dropping and even worse they can't do a merger like acquisition through equity offerings.

Bovine brigade now officially on triple Secret suicide watch. lol :P

Sony shares plummet,cows crying about the government stopping and stop the MS/Activision deal and yesterday's meltdowns.

Great to watch the carnage 🤣🤣

@mesome713: PlayStation exclusives sell consoles…

@kadin_kai: Top selling games sell consoles. That’s why they’re top selling.

@mesome713: what do you gain from a monopoly out of curiosity? Your favorite company will get cocky, and less consumer friendly. MS has sucked at managing their past portfolio. What makes you think they're going to knock it out of the park now?

@mesome713: Err ok… I guess exclusives are meaningless.

It's differently not good news but, we'll have to see what it translates into. It could very well push shareholders into pressuring Sony into making larger purchase themselves. I don't see PlayStation sitting back and taking hit after hit. They'll need to take a sizeable piece of the market before Microsoft and other tech giants eat it all up for the "metaverse".

Edit new link for new news:

https://www.aroged.com/2022/01/19/sony-market-value-drops-by-20-billion-in-one-day-because-of-microsoft/

One day stock drops should not be the focus .. it is still up 17.19% in the past year

That's not how stocks work.

This is correct. Their price will correct itself once people stop overreacting.

After Horizon2 releases, their market value will increase by 1.2 trillion.

yes hahaha

Y'all are vicious. Give the Sony fannies some breathing room. I don't want more coping threads because y'all are fanning the flames.

You'd make a good mod Pedro.... Lol

playstation isn't that big of a profit turner for sony. they even went years losing money and/or making nothing. they sell insurance, TVs, cameras, and have their movie studios. Like all massive companies they diversify and don't put all their eggs in 1 basket

lol, I remember that dude.