This news. Sony's credit rating is at "junk" status and I've read other reports that's it's on the brink of going down even lower to a B. Right now I think they're a BB-, and B is worse. It goes something like
Anything above BBB is considered invest-worthy. Where you see a positive or a minus, that means it's gaining or dwindling. Basically, Sony is in a really bad spot financially and shit just got real. They are not considered to be a smart move for investing; one can only assume that this would urge people to not invest. The costs of producing another console might be their grave. Also, it's no secret that the Vita is not doing very well sales wise and hit it's all time low only this month. A shame because they look like great systems.
With that stuff out of the way, IF, and I say only IF, Sony pulls out of next gen, what will you do? Get a Wii U, Xbox, or nothing?
I would be pretty disappointed because I was planning on getting the next Sony console anyway, but not at launch. But I don't see how they can make this console competitive with the next Xbox and still not put them deeper and deeper into the hole. One of the main reasons I want them to survive is because niche Japanese games are not usually released on the Xbox, and the PS3 is where I get those games. But I suppose Wii U could fill that spot if the PS4 does not see the light of day... it's just not as powerful of a machine. That, or Xboxes will see a surge in sales in Japan, which I highly doubt. They'd pick Nintendo over Xbox. I'd just end up hoping the Wii U will take it's spot and get both systems, Xbox and Wii U.
(Just for comparison, I searched MS's rating and it's an AA+. Things are looking pretty good for them. Cannot find Nintendo.)
What would you do?