2. SONY COMPUTER ENTERTAINMENT – Revenues of Approx. $20 BILLION
Originally from Japan is one of the big guys in electronics as well in video games. One of the largest producers of video games consoles in the world, their PlayStation is one of the most famous game consoles out there.
The PS2 was one of the longest selling and used by gamers everywhere, the one that also offers the best third party games available.
Sony is the primary competitor of Microsoft on the video games market. Their online services used to be free but recently they changed that and started charging for the privilege of playing online.
They say that the reason they decided to charge for privileges is that the extra funds will help them improve the service to better compete with Microsoft.
The battle between Sony and Microsoft will be going for a while, because each one of them are releasing better, bigger ideas than the other one.
Sony is responsible for -probably- the most popular gaming console of all time: the sony playstation. Their strategy of coming out with a new console every 3 years or so is what made people trust and love the brand.
Unlike a smartphone where next years version might be dramatically better, you can be sure that buying a console will perform well for several years. They’re generating massive revenues through the sales of the console, exclusive game deals and paid streaming.
The launch of The Playstation 4 Pro was just a small upgrade and we’re still waiting for the Playstation 5 that we assume will be V. R. ready.
