Birdwatch Note Rating
2024-03-01 01:55:10 UTC - NOT_HELPFUL
Rated by Participant: 030F468FA81928A922787F56D0F7ACC1AF27827A4D97F9E8E702C0AEFA5CA3E6
Participant Details
Original Note:
PlayStation runs on 6% operating margin, having the lowest profits per earnings in the industry. Making 2023 15% lower operating income compared to 2022. Sony lost around $10 billion of value on their stock after poor PS5 sale expectations. https://www.gamesindustry.biz/playstation-generates-93-billion-in-holiday-quarter-but-expects-hardware-decline-in-2024 https://www.cnbc.com/2024/02/19/sony-gaming-margin-questioned-after-ps5-sales-cut-sparks-stock-plunge.html
All Note Details