Yup, I bet they most likely wanted to prduce 15m. They did a test run saw the yields were bad. Reduced the number they were going to produce then started Mass Production. Which would make Bloombergs article truthful and Sony's PR statement truthful.
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Sony denies reports it has cut production by 4 million units
- Thread starter Kolx
- Start date
My read is that they are denying all bloomberg reports about production numbers. sony wants a lot of PS5s but hasn't given a firm projection of how many. The yield stuff is and always has been whatever because yields were factored into the contracts and production costs.
I don't think stock prices were the operative catalyst. I just think they want to control every narrative going in and out of the event tomorrow. And this is a loose end that they want to minimize as quickly and fully as possible.
Its pretty basic production. Do a test run to see what your yields are. Adjust your forecast accordingly. Then start your mass production run. it's not really mental gymnastics. Its just general production. Which part are you having an issue with?
Please stop with mental gymnastics haha. Thanks .
No one knows anything for certain one way or another . All we can do is listen to manufacturer for now and check their claims by end of their fiscal year
Well it looks like they comment when there a blatant lie about them which can impacts the stock or impact sales, being more harmful than divulging confidential information, or being teased into making "no comment" being an admission of it being true because "otherwise they would have said it's false". That's always a balancing act.
They actually corrected Digital Foundry twice for their article which was not representing the PS4 memory layout correctly based on a dev leak. But it was really an honest mistake and a great source (I love DF, always). If I remember the sequence of event correctly, Sony sent them comments, and they posted their comments at the top of the article as updates. I suppose if you ask nicely... you don't get the dreaded "no comment"...
Ok thanks for the info, I think there are some parts of Bloomberg which are more reliable than others. It seemed to me the gaming side is not held to quite the same ethics and standards as what BB is traditionally known for (stock market, politics?). This certainly is quite embarrassing for the editors on the gaming/technology department.
Exactly. That's what I keep telling people. Sony knows 400 is the sweet spot. Theh know at that price is another easy win for them.
Well yes, and while we're at it let's take it further: Sony was preordained to walk this path by the hands of fate in the timeless void of eternity before the world was shaped, so clearly they never reduced production in the sense that none of us are really responsible for doing anything of our own volition as free will itself is ultimately an illusion. Hence, both Bloomberg and Sony are correct and will always be correct.
By heaven, man, we are turned round and round in this world, and fate is the handspike.
400 isn't happening Imo.let it go haha. Be ready for 449 and 499
I mean their two biggest names are formerly of Kotaku and a former reporter who worked at the Wall Street Journal. They are not bloggers. They are very much the sort of people with sources on the inside, and if they say they have this hard info you can be sure its backed up before publication.
🤣 I imagine Jim Ryan was at Sony HQ actually laughing at this fake news as it popped up.
Not gonna lie, I actually believed the story but now I think about it, it never made sense. 50% yields and unprecedented number of PS5s being made never added up. This kinda FUD being spread around just 25 hrs before Sony's big announcement tomorrow is wild lol.
I'm feeling like $399 is definitely a lock and they got the numbers to supply them.
now just drop the "pre orders are live NOW" and break the internet
now just drop the "pre orders are live NOW" and break the internet
This is absolutely a fair point, however, there tends to be a difference between a corporation lying to consumers and one blatantly denying the reporting of a publication.
For one, consumers are not going to be able to push back like reporters can.
With covid? People losing their jobs? Low income? They need to get people to buy their console they make more money with software and psn. I wouldn't be surprised if ps5de is tree fitty and normal 399.
It is kinda wild to see people taking corporate PR so unquestioningly. They phrased it to be as uninformative, as possible, and just let implication carry every along. That's cool, we all do it, I certainly do (and I'm inclined to believe corporate lies more than the rest of ya'll) it's just funny. (Not that this necessarily means Bloomberg is right. It's all the same black box. People need to stop assuming any part of this saga tells them anything about anything.)
U krazzyyyyy big time haha . Embrace it .accept it . 449 /499 👀😂
Yea let's believe random site with track record of doing wrong reporting before and not the manufacturer which posts their shipment numbers every quarter . Stop it please . Thanks
I'm not buying any console for 499! It better be 399 max or else
No...they don't. They have an incredibly successful box that millions of people are currently buying software for. It's called the PS4, and contrary to everyone on this forum, Sony is actually happy to support it and continue to have people buying software for that platform. You can't seriously believe they're going to take a $150 or $200 loss so they can "make more money with software". That's an insurmountable hole. They'd need their customers to suddenly become 2-3x as spend-happy just to break even. That's not going to happen.
Do you leave the possibility of Bloomberg being just plain wrong out of this equation.
To be fair, you were doubting Bloomberg's reporting on the $450 BOM too. I will give you credit for consistency.
Or else, say hello to your new Xbox Series S? 🙃
Haha just cause of this I got a report for ps5 being 499 and 599. U happy now ? U destroyed us all 👀😂
Yea, this ain't happening for sure.
Gaming is booming right now. $399/449 is the best case scenario.
Again sony posts their shipment every quarter unlike some companies . It's very easy to track it . No need for tin foil hat whatsoever imo
Sorry, I want to be clear that every time I've posted in this thread, I have said that I am not saying that Sony is lying or wrong. I am merely pointing out that their denial simply leaves much room on either side. You're right, we'll know for sure in a few months. Which is exactly why I'm cautioning people from making conclusions NOW about price or availability based on this info. Sony denied dropping by 4M - but how many does that mean we'll actually have? 10M? 15M? We don't know.
Is that not fair?
Bruh they don't need anyone to buy their console this holiday. They will sell all the boxes they produce.
