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New gaming system releases effect on stock?
Posted on 8/3/20 at 3:35 pm
Posted on 8/3/20 at 3:35 pm
Can anyone recall how a new console release has affected Microsoft and Sony?
2
Posted on 8/3/20 at 4:16 pm to jmarto1
Someone correct me if I’m wrong, but don’t the big console sellers sell their consoles to consumers at a loss and generate profit over the console lifespan by collecting a form of license revenue per game sold, online gaming subscriptions, selling controllers/accessories?
I think I read Nintendo sells their console at cost and they are unique in that revenue structure.
I think I read Nintendo sells their console at cost and they are unique in that revenue structure.
This post was edited on 8/3/20 at 4:17 pm
Posted on 8/3/20 at 4:33 pm to schexyoung
quote:
Someone correct me if I’m wrong, but don’t the big console sellers sell their consoles to consumers at a loss and generate profit over the console lifespan by collecting a form of license revenue per game sold, online gaming subscriptions, selling controllers/accessories?
That is the business model in a nutshell...plus Microsoft and Sony are such large corporations, I can't imagine these products make up a large percentage of their net revenue or margin. That being said, if sales news is good, people might start buying the stock.
This post was edited on 8/3/20 at 7:31 pm
Posted on 8/3/20 at 4:51 pm to jmarto1
For the answer to that question, check out AMD stock. Both systems will use that chip manufacturer.
The stock is growing for additional reasons of course, but it’s been a winner for me since charting up some hardcore gamers about what they are most looking forward to.
The stock is growing for additional reasons of course, but it’s been a winner for me since charting up some hardcore gamers about what they are most looking forward to.
Posted on 8/3/20 at 7:46 pm to Willie Stroker
Yes, I saw that not too long ago. With both companies releasing a console I was not sure if that provided a bump
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