Today, the gaming industry has become a staple in the business world. And the big 3 gaming brands are PlayStation, Xbox, and Nintendo. Each console company has its own unique perks and aspects, as well as a separate fanbase. And PlayStation is widely believed to be the most successful. However, as things stand, Sony is apparently not having the best time as far as the consoles are concerned.
The newly leaked document of an Xbox slide deck from the FTC vs. Microsoft case has clearly revealed the apparent positions of console giants in the market in terms of profits. And by seeing this, PlayStation fans might be left confused.
PlayStation stands below Xbox and Nintendo in terms of profitability
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As per the reports from TweakTown, Nintendo holds the first position as far as profits are concerned. And it is followed by Xbox and PlayStation, who hold the 2nd and 3rd positions, respectively. Although in terms of revenue generated, PlayStation holds the throne, with Xbox again at the 2nd position, while Nintendo slips to the 3rd.
Talking about comparisons, PlayStation has spent 1.46 times more to make 5.7% less than Xbox. And Nintendo has spent 0.9 times less to make a huge 49% more profit than Xbox. All this data is considered from the period of July 1, 2022, to March 31, 2023.
The other reason for PlayStation’s falling behind might be the huge rise of Xbox Game Pass. After the rise of the yearly prices of the PS Plus, many fans have shifted themselves to the Xbox Game Pass. And the result is in front of our eyes. According to the slide deck, Xbox has generated a whopping $231.5 million as revenue, from their 25 million Game Pass subscribers alone in the month of April 2022.
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According to the slide deck, the Xbox Games division holds an accountability margin of $1.5 million in the nine-month period of FY22. The difference in the accountability margin has been clearly stated by Microsoft in the already-mentioned chart.
PlayStation has always been considered being the superior console to Xbox and Nintendo. There are certain reasons for it as well. Powerful hardware, better and more advanced technology, a modern dual-sense controller, and the vastly successful exclusives like God of War and The Last of Us.
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The recent data, however, refers to some new stories. It is interesting to see how Microsoft calculated this or how different their method is from the calculation method of Sony. However, if this is true, it will also be interesting to see if Sony has plans to boost their profits.
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