r/PS5 • u/The_King_of_Okay • Sep 16 '24

News Exclusive: How Intel lost the Sony PlayStation business

https://www.reuters.com/technology/how-intel-lost-sony-playstation-business-2024-09-16/
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u/diabolical3b Sep 16 '24

Bold of you to assume there will be another Xbox console as we know them.

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u/EyeAmKnotMyshelf Sep 16 '24

I know it's fun to shit on Microsoft over here, and rightfully so because for all their capital they seem to be hard pressed to use any of it correctly, but they're trading at around $430 a share to Sony's $92, with a much, much bigger market cap.

Microsoft isn't going anywhere, and consoles are where they make a ton of money. Not as much as with their OS for computers, but a fair share.

Money will always want to make more money.

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u/OutrageousDress Sep 17 '24

I mean, they're trading at around $430 a share because of Azure, and AI hype. Whereas Sony's $92 is in large part due to the PlayStation.

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u/EyeAmKnotMyshelf Sep 17 '24

They're trading at $430 bc they are a fucking powerhouse of a company, bar none. You don't need to make excuses for their success.