, Columnist
Both Sides Win in Sony vs. Nintendo Battle Royale
Games consoles are holding out against the mobile onslaught.
Doing battle royale.
Photographer: Patrick T. Fallon/BloombergThis article is for subscribers only.
A key takeaway from Sony Corp.’s and Nintendo Co.’s earnings Tuesday is that console games are alive and well.
While both companies reported softness in sales and shipments of console hardware — the PS4 and Switch, respectively — revenue and unit sales from software remained strong. That means consumers who bought the devices over the past year or so aren’t bored, and weren’t lured to smartphone platforms to the extent many feared.