“Yeah I Love Playing Stock Value Games on My PS5”-Fans Remain Unmoved as Activision Blizzard, Microsoft and Sony’s Stocks Change
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The console wars rage on with each new console. Whether it is Sony’s PlayStation or Microsoft’s Xbox, or perhaps, the Switch from Nintendo, there is a seemingly perpetual debate about which is better. With the FTC blocking Microsoft’s deal to buy Activision Blizzard, one interesting comparison between Sony and Microsoft has emerged.
A post on Twitter compared the stock prices of Sony, Microsoft, as well as Activision Blizzard. The tweet brought attention to the fact that Microsoft and Activision surprisingly have better stock market values than Sony.
The gaming community reacts to the comparison post
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The post comes amidst another controversy in the console war. With the FTC blocking Microsoft’s purchase of Activision Blizzard, fans argued over what platform was better. One fan took the route of checking stock prices in order to settle the debate, trying to show the court case was not damaging for Microsoft or Activision Blizzard.
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If you want to know who is winning look at Sony's stock vs Microsoft and Activision Blizzard. pic.twitter.com/Xn1YZDPukx
— PeterOvo (808) (@PeterOvo5) June 27, 2023
One user offered an explanation for the hike in Activision Blizzard share prices. With the deal set to go through, a larger proportion of people look to buy Activision Blizzard stock. If the deal goes through, the value of the stock will most likely increase, rewarding shareholders. As a result, more people look to buy this stock, invariably causing a rise in its price.
Activision Blizzard shares are up as shareholders here expect the deal to go through
And yes he will too
— Benjamin🐋 (@ResiBenny) June 27, 2023
On the other side, fans did not seem to understand the logic of bringing shares into gaming. While shares do reflect a company’s performance, it has little to do with the gaming experience. The consoles and the games reflect those. One fan reminded fans gamers did not buy a title based on how the parent company’s stock performs. They do it because of the gameplay, the features, and the console it is on.
Yeah I love playing stock value games on my PS5.
— Koomapotilas (@koomapotilas) June 27, 2023
Similarly, one fan pointed out the redundancy of trying to settle the debate through these numbers. As they explain, numbers are relevant for corporate owners, not fans who choose the game they love. The fan called out the original tweet, asking it what its relevance was to gaming.
Why would you report on stock ? What does it have to do with gaming ? You seem so invest into stock market just like a corporate cheerleaders would , 😆 im a PS fan but i do not care at all at the stock , peter grow up or report something meaningful 🤣
— Buck 🪓❄️ (@PsrStephane) June 27, 2023
One fan became the voice of reason. He explained these numbers do not represent the true picture. In the metric, Microsoft is represented as one entire organization, and the same applies to Sony. These two, however, are behemoths, with the Xbox and PlayStation being specific parts of the company.
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Putting Microsoft as an entire corporation and Sony as an entire corporation doesn't really show Playstation vs Xbox as their entirely different ventures in the companies.
— BumkinBoi3 (@StoLenTue) June 27, 2023
The console war remains a large part of the gaming community. Fans now begin to realize despite being divided by consoles, they are united with their love for gaming. Consequently, these metrics are just one way to keep the console war going. Gaming is not about what console you love but about the experience of it all.
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What do you think of fans’ reaction to this metric? Let us know in the comments below!
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Edited by:
Jayant Chhabra