Sony’s Recovery Part 2 of 3: on track for a financial comeback

January 31, 2013

Sony’s Recovery Part 2 of 3: on track to a financial recoveryWhile some may seem all too happy to spell failure for Sony prematurely, a closer look at the company’s financial trend reveals quite the opposite. Is there really cause for concern with the way things are going? Let’s take a look at Sony’s financial trajectory. 

Financial Recovery

Last quarter Sony saw an increase in revenue of 2 percent and technically had a net profit of $252 million, but due to flux in tax rates globally resulted in a $198 million net loss. It was still a significant improvement from the same quarter previous year where the company reported a net loss of $350 million. The PlayStation division also posted a small profit which was an improvement over the previous quarter.

As analysts have pointed out, Sony’s finances have been moving in the right direction as seen over the past few quarters, with many, including Sony predicting a modest $233 million profit for the quarter ending in March.

Kaz Hirai recently told reporters this month that under his leadership which started nine months ago, Sony has become much more nimble and focused. He admitted that over the past four years the company had gotten “bogged down” in its intricate bureaucracy and assured everyone that he is personally getting involved in product development so good ideas don’t get lost.

Hirai stated:

I’m shepherding several of those projects personally myself to make sure that it doesn’t get held up in the bureaucracy, or it doesn’t suddenly fade away in the approval process.

He also highlighted Sony’s charge towards the next trend in technology with 4K and OLED TVs, where the company is the only major player close to offering both technologies together for mass production currently. Hirai also reiterated his commitment to pushing the PlayStation brand as one of its major pillars at Sony, which is clearly a good thing for gamers. Out of all of the console manufacturers, Sony currently holds the most number of high profile studios under the Sony Computer Entertainment umbrella.

Sony Pictures also had a fantastic year in 2012, taking the number 1 spot globally beating out Warner Bros and Fox by a significant margin. The company has reportedly generated over $4.4 billion in movie ticket revenue alone in 2012 and this isn’t even counting Sony’s television networks.

Sony’s major earner was Skyfall which earned over $1 billion in revenue with The Amazing Spider-Man next, which earned close to $800 million and followed by MIB 3, which grossed $624 million.

Sony actually makes quite a bit of money as its revenue was around $80 billion last year surpassing that of Microsoft and Google. What Hirai is focused on doing is cutting the fat so that non-profitable businesses don’t drag down the profitable ones such as Sony Pictures.

Sony in many ways reminds me of a past employer when I worked for an insurance company. The company was quite successful and since it was a non-profit organization the executives had less incentive to remain lean and aimed to spend as much to maintain razor thin profit margins. The company ended up “staffing for success” where unnecessary spending occurred for the sake of convenience and the illusion of future growth. However, when the economy experienced a downturn, that razor thin profit margin struck back, undoing many of the successes achieved during its golden era.

Similarly, Sony has become a sprawling empire with arms in various industries and is staffed for success from its golden era. If you think about it, there is no other company worldwide that even comes close to the level of diversification Sony has achieved. However, maintaining such breadth requires laser focus and strong leadership at each vertical.

While former Sony CEO, Sir Howard Stringer failed to make the necessary changes, possibly due to lack of political clout, it appears Hirai is able to do so.

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Sony’s Recovery Part 1 of 3: Kaz Hirai’s plan to get out of non-core businesses

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65 Responses to “Sony’s Recovery Part 2 of 3: on track for a financial comeback”

  1. Godless:

    Mike

    Were you not debating the suitability of post content within “Gamer blorge” the other day.

    Not sure this blog is really anything to do with gaming. Not going by your own statements on the other thread anyway: -

    “@me_
    “Good Lord Mike, Microsoft makes 1B less in profits this quarter while Sony sells its US headquarters to keep the lights on.”
    No me_, specifically the Xbox division made $1B less, if it was Msft as a whole you would see that article on Tech.Blorge, unless the Xbox played a major role in it. Sony selling its NY building would also be on Tech.Blorge.
    As always, there will be a story on Sony’s financials, more specifically about the PlayStation.”

    So far this isn’t really anything specifically to do with “Playstation”.. . maybe should be on Tech blorge ;)

    PS. I wish I was as optimistic about Sonys finances as you are. .I don’t think the shareholders or the rest of the financial world is either, or a don’t think they would have gotten a Junk credit rating slapped on them.

  2. phranctoast:

    “Not sure this blog is really anything to do with gaming. Not going by your own statements on the other thread anyway: -”

    It mentioned the PS brand.

  3. Godless:

    “It mentioned the PS brand.”

    on close inspection it does ;)

    I actually don’t mind articles on the corporations in general, even their financial situation, because as Carl argued on the other thread, the health of the corporation does indeed have a direct impact on us as gamers.

    Just seams like Mike is arguing against this being relevant with Carl on one thread, then reporting Sonys financial recovery to us like it matters to gamers. . .Which it does.

  4. phranctoast:

    I think Mike was arguing, why does every gaming fiscal quarter have to turn into a pissing match as to which company is doing better as a whole when profitability or losses may have nothing to do with those divisions. That’s what I took out of it.

  5. CarlB:

    Totally agree with Mike in that fiscal quarters can mean little to nothing when compared to whole year performance, and arguing over any single one is fairly pointless. However, when a corporation goes an entire year a billion in the red, then the next a half billion, then the next almost $3B, then the fourth $5B into the red, then has to sell the U.S. headquarters in order to maintain operating income, corporate financial health “may” affect divisions at that point.

    “I’m shepherding several of those projects personally myself to make sure that it doesn’t get held up in the bureaucracy, or it doesn’t suddenly fade away in the approval process.”

    That’s cool. Kaz could be like a Japanese version of Jobs, perhaps even with an inclination to go “thermonuclear” on Microsoft instead of Google.

    “Sony’s charge towards the next trend in technology with 4K and OLED TVs, where the company is the only major player close to offering both technologies together for mass production currently.”


    “LG will offer the first commercially available OLED HDTV this year with the 55-inch 55EM960V, a $12,000 set that’s slated to hit the U.S. in March… Samsung will likely be next to market with the 55-inch F9500… Beyond that, it’s hard to say who will offer OLED sets in the coming year, if anyone.

    Sony and Panasonic are the best bets, as the two companies have partnered up to develop OLED sets together, and their prototype 4K OLED showpieces were remarkably similar…

    Even though Ultra HD sets are faced with many more adoption hurdles than OLED in terms of available 4K content, sheer size, and prohibitive price, they’re already available. Sony’s 84-inch Bravia XBR-84X900 is on sale now for JUST $25,000, while LG’s 84-inch 84LM9600 is a comparative steal at a mere $20,000.”

    http://www.pcworld.com/article/2024911/oled-and-4k-at-ces-2013-the-fantasy-and-the-reality-video-.html

    “Sony actually makes quite a bit of money as its revenue was around $80 billion last year surpassing that of Microsoft and Google.”

    Wow. They actually make more than Microsoft and Google yet are still up to billions in the red for four years straight. Incredible.

  6. CarlB:

    Again on the fiscal quarters, talking about one quarter of a “technical” net profit of “252 million” means nothing when the year still shows a net loss of $5.1B.

  7. Roca.:

    You whine too much Godless… Typical xbot syndrome; CAD & Kev used to whine 24/7

  8. phranctoast:

    I’d go as far to say as Mike only brought this up since we were discussion it previously on the other topic. I seem to notice that. He tailors articles to some of our recent past discussions.

    Most of the time they come around to close to a weekend leaving me out of it until Monday :(

  9. CarlB:

    Personally I enjoy when Mike writes about the bigger financial picture as well, just as he did November last year (and probably several times years before that). It shows he realizes divisions don’t exist in a vacuum and can be directly affected by the health of the parent corporation.

  10. Mike Ferro:

    @godless,

    you complained I didn’t write about Sony selling one of its buildings, and now your complaining I did? Jeez, make up your mind man. ;)

    kidding aside, yea phranc is right. I saw how hot of a topic this was and decided to write a series of articles to give it a bit more visibility as the comments section has none.
    Its a fine line I walk, I know as I don’t want to step on any toes over in TECH.

    @CarlB,

    “Totally agree with Mike..” glad you do.

  11. CarlB:

    “Mike Ferro… may seem all too happy to spell failure for Sony prematurely.”

    That’s okay Mike, I understand that you only seem that way because you are trying to be objective.

  12. CarlB:

    Well. Looks like “something” is happening on the 20th of February…

    http://www.ign.com/articles/2013/01/31/sony-teases-the-future-of-playstation?zeta_id=7789167&utm_source=Targeted%20Blasts&utm_medium=email&utm_campaign=Future+of+Playstation+tease_12089_641325_641332&utm_content=7789167

  13. dans:

    GTA V release date – September 27, 2013

  14. MAK:

    @Carl

    What ever happens on Feb 20th, it’s not going to be PS4 system information.
    Kaz specifically said he was waiting for MS to make a move first, I don’t see why IGN is acting like he changed his mind.

    @Dans

    What?! They pushed it back?

  15. MAK:

    @Carl

    I saw the video about Feb 20 on the PSBlog.

    I know this will sound really cheesy, but…Infamous 3?

    The electricity has got to mean something. I’m just taking a stab at guessing.

  16. dans:

    “We know this is about four months later than originally planned and we know that this short delay will come as a disappointment to many of you, but, trust us, it will be worth the extra time. GTAV is a massively ambitious and complex game and it simply needs a little more polish to be of the standard we and, more importantly, you require. “

  17. dans:

    ^MAK

  18. dans:

    “I know this will sound really cheesy, but…Infamous 3?

    The electricity has got to mean something. I’m just taking a stab at guessing.”

    There’s too much emphasis on the x, square, circle and triangle to be just a game, and not a console-wide announcement.

  19. CarlB:

    “What ever happens on Feb 20th, it’s not going to be PS4 system information.”

    I’m aware of what Kaz stated, but am still open to the possibilities that he could have changed his mind, or even know something about a Microsoft announcement we don’t. His statement was very specific, yet still leads plenty of room for interpretation.

    Infamous 3 sounds good… but I doubt Sony would hold an entire event christened with the implication that it is “the future of the playstation business” for just one such game.

    It could be a panoply of all their future franchises, including God of War, Uncharted, etc., or details about the next generation of Move, or the dualshock successor, or even a Vita redesign, or any combination of all these, but at this point I wouldn’t rule out some sort of reveal about Playstation 4, of which all of the previously mentioned factors could have something to do with.

    In other words, they could still reveal much information about PS4 without revealing all the specs.

  20. MAK:

    @Dans

    It’s been almost 5 years since 4 came out. If they came out every year like CoD, it wouldn’t matter that much. This “small delay” is going to feel like two years to me, not 7 months.
    Thanks for the information though.

    “There’s too much emphasis on the x, square, circle and triangle to be just a game, and not a console-wide announcement.”

    You’re right, but still.. The future of PlaySation includes games, doesn’t it? So this might be Infamous 3 for the PS4. Why wouldn’t a game be a console wide announcement if it specifically plays on a console?
    And it’s not like they are going to show Cole, they HAVE to show X Square, Circle, Triangle….what else are they going to show?

    Idk, I’m just trying to keep an open mind. Plus, I really want InFamous 3 lol.

  21. MAK:

    @Carl

    Very true, Carl, very true.

    But consider this: We all know they can’t make any major changes to the Console itself when it’s so far into the process, but they can make changes to stuff like: “Move, or the dualshock successor, or even a Vita redesign, or any combination of all these”

    If they reveal THAT information, there’s no point in waiting for MS to make a move first. If no company can change their consoles, then it doesn’t matter who goes first, they are both stuck.
    I think Kaz is waiting because of things that are deeply tied in with the system, but are not the system itself.

    “Infamous 3 sounds good… but I doubt Sony would hold an entire event christened with the implication that it is “the future of the playstation business” for just one such game.”

    Ahem, do you remember all the mysterious YouTube videos leading up to a big announcement, and in the end, it just ending up being Playstation Battle Royal?? And THAT game isn’t even worth making that big of a deal over, Infamous 3 is worth it. Since its a game that actual tries to set the bar.

  22. CarlB:

    Perhaps they’ll just talk about projected net profit goals for fiscal year 2013. ;)

  23. MAK:

    HAHAHAHA LMAO.
    When I think about all those people who are excited getting let down with a boring pitch about how they will meet their profit goals. Haha!

  24. CarlB:

    Perhaps a “partnership” with Microsoft? Or Google? heheh.

  25. Roca.:

    @MAK

    “What ever happens on Feb 20th, it’s not going to be PS4 system information.
    Kaz specifically said he was waiting for MS to make a move first, I don’t see why IGN is acting like he changed his mind.”

    I don’t believe in their bullshit anymore after David Jaffe swore he wasn’t working on TM and that his next game won’t be announced at E3

  26. MAK:

    @Roca

    But that’s David Jaffee. Lol. He’s a bastard.

    This is the Ceo we are talking about here…

  27. Roca.:

    I think Sony is going to announce something BIG!

    My guess:
    -PS4 specs
    -show some teaser trailer of some first party PS4 launch games
    -AAA Vita games

  28. Roca.:

    “Ahem, do you remember all the mysterious YouTube videos leading up to a big announcement, and in the end, it just ending up being Playstation Battle Royal?”

    The trailer wasn’t about Playstation All-Stars Battle Royal. It was about the “Michael” advertisement campaign. Nothing to do with PSASBR.

  29. CarlB:

    Future Vita games is another possibility I didn’t think of… good one roca.

  30. MAK:

    @Roca

    “The trailer wasn’t about Playstation All-Stars Battle Royal. It was about the “Michael” advertisement campaign. Nothing to do with PSASBR”

    Sorry, but you are completely wrong about that:

    http://youtu.be/rPRXZiffNAQ

    That video was cut into 4 (I think it was 4) separate parts and released one part per day.
    They made such a big deal about it, many people thought it was Infamous 3, but it was just Battle Royal.

    It was a Battle Royal trailer that had a Michael theme to it.

  31. Roca.:

    @MAK

    sorry, but again, you are wrong.

    The trailer was about the new “Long Live Play” campaign from Sony…then they tailor it for PSASBR (smart move Sony? definitely)

    Here is the “original” full trailer and official words from Sony (which was posted 3 weeks before the trailer you just posted)

    http://blog.us.playstation.com/2011/10/05/playstation-nation-long-live-play-celebrates-you/

    h**p://www.youtube.com/watch?feature=player_embedded&v=mdWkKKSckNk

  32. Roca.:

    “Sony is inviting investors and media to the Feb 20 event; that means console announcement. I’m genuinely excited, although I will be in LA” – Michael Pachter

  33. Mike Ferro:

    @CarlB,

    That’s okay Mike, I understand that you only seem that way because you are trying to be objective.

    Appreciate the complement mate, but I’m only human, some days I will be a fan of one thing while other days it will be of something else.

    But gotta try to keep some sanity around here especially with trolls lurking around. Funnily enough, some will go as far as to pretend to be a fanboy of some sorts just to troll.

    Only God knows why, but you meet all sorts from all walks of life. ;)

    @Roca,
    I saw Pacther’s tweet, but I would manage my expectations. People seem to forget Sony hold PlayStation Destination every year and kicks off with a presser of sorts a few days prior to it. However, Investors are invited so it could very well be PS4 announcement or something to do with Gaikai. I would’ve thought Sony would hold off until E3 where they can maximize exposure.

  34. Roca.:

    @Mike

    did you see the report from WSJ?

    http://www.theverge.com/2013/1/31/3939410/wsj-playstation-orbis-ps4-will-arrive-later-in-2013

    Sony must be feeling pretty confident about the PS4 if they are really announcing it this early (and way before E3)…

    I know about the Playstation Destination but the “See the future of Playstation” and “Be the first to know” gives me the feeling that Sony will definitely reveal the PS4 (I hope not, I would prefer an E3 announcement)

  35. Mike Ferro:

    Yea, could be something there.. but wjs’s source also said that Sony would announce an IPTV service at CES and that never happened so not sure how reliable their source is.

  36. CarlB:

    No problem Mike, we’re all human. At least we don’t go around pretending to know what others like or don’t like and or are thinking at any given time and then passing hypocritical judgment on them based on something as silly as disagreements in console/brand preferences, or even differing points of view.

    Thankfully I’ve been gaming for awhile now and don’t feel the urge to “pretend” about what I like or don’t like as I’ve seen more than enough consoles/brands come and go, and pretty much everyone on here knows I game on PS3 as much or even more than they do. At the same time, those who may still game on 360 and happen to have my gamertag probably know I haven’t gamed on it for years.

    However, regardless of my personal current preference for Sony, I’ll at least still try to keep an open mind towards them and whatever competition they have.
    Sometimes that open mindedness will result in criticism or praise depending upon the topic, timing, and context. Hopefully people don’t take that personally, though some do. Glad to know that you are like minded as I am, “human” as we may be. ;)

  37. CarlB:

    Ach… totally forgot about Gaikai… that’s likely pretty high as far as possibilities go. Good one Mike.

  38. Mike Ferro:

    @CarlB,

    Thankfully I’ve been gaming for awhile now and don’t feel the urge to “pretend” about what I like or don’t like

    Good for you. Keep fighting the good fight.

  39. CarlB:

    Just following your stellar example Mike.

  40. Godless:

    ^^ LMAO

    Will you two just tell each other to STFU and move on ;)

  41. phranctoast:

    http://www.edge-online.com/news/playstation-4-revealed/

    Development sources with working knowledge of both next generation consoles have told us that PlayStation 4 will be more powerful than the next Xbox, will ship with a redesigned controller and launch by the end of the year in Japan and the US. PlayStation 4′s European launch will follow in early 2014.

    Sony is set to reveal its next PlayStation on Wednesday February 20th at an event dubbed `see the future’. Sony Computer Entertainment released a teaser video last night to announce the event. Below, our sources revealed what to expect from PlayStation 4.

    The controller

    Sources close to the hardware have revealed to us that PS4 will ship with a redesigned controller which is the same size as an existing DualShockbutfeatures a small touchpad in place of the existing Select, Start and PS buttons. The tech is based on Vita’s rear touchpad, and is similarly responsive in use.

    A new Share button on the controller will, when pressed, launch a new feature that will allow screenshots and video to be distributed online. The PS4 hardware will continually record the most recent 15 minutes of onscreen action (with no processing penalty, claims our source), which users will then be able to edit and broadcast via the Internet.

    The launch

    We’re told that PlayStation 4 will launch in Japan and the US by Christmas, with a Euro rollout following in early 2014, the delay attributed to the complexities involved in European distribution. Alongside the console, Sony willalsointroduce a new,improvediteration ofits PlayStation Eye peripheral, which remains compatible with the PlayStation Move controller. Move will be available at launch, but it’s not clear yet whether it will be bundled with the hardware. Sony has already earned an enormous amount of goodwill among studios working with PS4 development hardware. Privately, Sony representatives have conceded that the company made a mistake in creating such esoteric architecture for PS3, and its strategy for PS4 gives developers more opportunities this time around, notably because the hardware is much more PC-like in its makeup than PS3.

    We have confirmed with sources that recently leaked tech specs are accurate. Though Durango devkits offer 8GB of DDR3 RAM, compared to Orbis’s 4GB, Sony’s GDDR5 solution is capable of moving data at 176 gigabytes per second, which should eliminate the sort of bottlenecks that hampered PS3 game performance. Importantly, we’ve learned that Sony has told developers that it is pushing for the final PS4 RAM to match up to Microsoft’s 8GB.

    Both platforms are driven by eight-core AMD CPUs clocked at 1.6GHz, with Microsoft opting for a D3D11.x GPU from an unknown source and Sony utilising a more capable solution in AMD’s `R10XX’ architecture, alongside the so-called `Liverpool’system-on-chip.

    It’s clear Sony has designed a system that, on paper, outperforms Microsoft’s next Xbox. One source familiar with both platforms tells us that in real terms Sony’s console is “slightly more powerful” and “very simple to work with”.

    Ultimately, the performance differences between the two consoles will have as much bearing on multiplatform releases as the differences between PS3 and 360 – very little – but Sony will be expecting big-budget firstparty releases such as the PS4 Uncharted sequel to demonstrate its console’s superiority.

  42. CarlB:

    Apparently RAM does make a difference in games.

  43. oldschool1987:

    “No problem Mike, we’re all human.”

    Except gingers. Who knows what species they are lol.

  44. Mike Ferro:

    “Just following your stellar example Mike.”

    As you should be, loyal follower. :)

  45. oldschool1987:

    I think Mile and Carl should just get it over with and make a sex tape.

    …I’d buy it.

  46. phranctoast:

    Hopefully Sony is also busy working out a Software BC solution.

    I’d be furious if all my games and all tge stuff on my PSN account no longer was accessible on the new Playstation.

  47. Mike Ferro:

    lol. oldschool, careful of what you wish for.

    Back in 2009 (yea, its been that long), I once compared Carl to my annoying nephew as he “mimics and nitpicks all of my responses.” Maybe that’s why I like giving him a hard time lol.

    At that time he was trying to defend Natal (Kinect) that based on the Ricochet demo at E3 was more capable than the old Xbox Vision cam.
    Carl did apologize, but I guess old habits die hard.

    Took me a minute to find this gem with my powerful admin tools:

    E3 2009: Sony impressions and letter grade reviews including Microsoft

    But yea, Got your point mate. Enough out of me. ;)

  48. greenLanternfan:

    I’m sure if PS4 is revealed on Feb. 20th I’m sure Sony flagship titles will be on display such as GT6 and a few others

  49. oldschool1987:

    Don’t tease me Mike lol.

  50. CarlB:

    Some things never change. Mike’s just as annoying as he was almost 4 years ago (except I don’t have to look up posts from almost 4 years ago to be reminded of this).
    No worries though Mike, I’ll still apologize on your behalf in order to let you feel secure.

  51. Mike Ferro:

    LOL

  52. oldschool1987:

    Lol’ing at me all Carl? :p

  53. Roca.:

    LOL’ing at Carl’s butt hurt response

  54. phranctoast:

    “I think Mile and Carl should just get it over with and make a sex tape.”

    After some of those remarks I’d swear I’ve seen a snuff film.

  55. CarlB:

    We share enough laughs via PSN together about the people on Blorge as it os.

    “No, roca isn’t Ivan. He’s just another troll like him, difference is that he can string a sentence together, something that Ivan struggles with.
    Seriously, just don’t respond to him, we don’t need people like him muddying the waters here. At least the Ivan bot can be fun”

    Harry… how prescient.

  56. Roca.:

    Weak come back… you’re really butt hurt bcuz Mike humiliated you lol

    Harry lol an xbot loser bck in the day.
    You don’t wanna know all the shit Ivan, ncaissie, jojo, jofa and others said about you to me via psn, fb or g+

  57. Roca.:

    Then there are others who let you know the pathetic troll you really are right in your face (here on blorge)

  58. CarlB:

    “Hopefully Sony is also busy working out a Software BC solution.”

    Having the entire library available via Gaikai would be nice… there’s also that rumor about the dongle for PS4.

  59. phranctoast:

    “Having the entire library available via Gaikai would be nice”

    That would be nice but I find it unlikely at the very beginning of its gen when BC is most important. I do however see that as a solution in the near future.

    Hopefully the dongle idea proves true. I’d pay a bit extra for BC.

    Maybe for the PSN titles they’ll reprogram to work with the PS4 but that sounds like a lot of work.

    Software BC sounds like the most reasonable and likey solution.

  60. CarlB:

    No doubt it would take some time and start with just a few titles. Just as PSN is nowhere near identical now to what it was at launch, whatever service they have through Gaikai at the start will be nascent to what is eventually imported over the years after. The one thing we can count on is change. If people weren’t already hooked on PSN+, Gaikai could go miles further to convince them.

  61. CarlB:

    Then again… they could start with a lot of titles.
    As long as they have the pipe (Gaikai), all they need to do is feed whatever they already have (PS1/2/3) to PS3′s/PS4′s, input recognition is already there on the terminal side. A lot of those older PS1/PS2 titles can look fairly horrid nowadays on large HDTV screens without some sort of retouching/smoothing though.

  62. harry sachz:

    2009? Has it been that long?

    Thanks for the kind words roca, it reminded me of why I blocked you from PSN quite some time ago.

    I think it was actually around 2009 when I thought to myself ‘What’s the point of all of this bickering between consoles?’. When you take a step back and look at it, it makes zero sense. If a system gives you the entertainment you want, then that’s great. Because you have a system that you think is better than it’s closest competitor, what’s the point of bickering about it with people who don’t share the same opinion as yours? As a dual console owner, I can see first hand that both systems have their advantages and flaws.

    At the end of the day, we visit gaming sites and read gaming articles because we are gamers. We shouldn’t be involved in this petty bullshit and dick measuring contests.

    I’m Harry Sachz.

  63. phranctoast:

    It’s ok harry. You’re still my boy. ;)

  64. harry sachz:

    haha phranctoast. I actually took your advice (I think it was yours) and got God Of War Collection 2. For a PSP game converted to PS3, Ghost of Sparta looked awesome!

  65. phranctoast:

    Yeah. I was surprised it looked so good.

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