Sony has recently shared a chart comparing its brand strength with its top two competitors, Xbox and Nintendo. According to the chart, Sony is leading the competition, with Nintendo's brand strength remaining relatively unchanged since 2018. The comparison was made during a Business Segment Meeting, where Sony revealed updated sales data, subscriber counts, and other product statistics. While the meeting was encouraging for investors, some fans were left confused by this claim. However, Sony did announce that PlayStation VR2 sales were stronger than originally reported, and they expect PlayStation 5 console sales to surpass those of the PS4.
Sony recently shared a chart claiming its brand strength momentum is superior to both Nintendo and Xbox, according to its own SIE Global Brand Tracker of Brand Momentum. However, the chart suggests that Nintendo's brand strength has remained stagnant since 2018, which appears unlikely given the popularity of the Nintendo Switch. In fact, the console has shipped enough units to rank among the best-selling video game consoles of all time, while several Nintendo-published games have broken sales records. But perhaps the most significant success story is Animal Crossing: New Horizons, which exploded in popularity just as the COVID-19 pandemic was shutting down the world. The game not only appealed to Nintendo fans, but also became a pop culture phenomenon in its own right, with sales fueled by casual gamers seeking entertainment during the pandemic. Animal Crossing: New Horizons was a system seller and has become one of Nintendo's top-selling video games of all time, even surpassing the original Pokemon games in Japan 26 years after their launch. Meanwhile, during this same period, PlayStation had yet to reveal the PS5, let alone launch it.
However, it's important to approach this chart with caution. While Sony's PlayStation brand is undoubtedly a powerhouse in the gaming industry, the notion that Nintendo's brand strength has remained stagnant since 2018 seems unlikely upon closer examination. Looking ahead, both companies have plenty to be excited about. PlayStation is gearing up for a showcase event to unveil its highly anticipated upcoming games, while Nintendo is expected to announce its next-generation console successor for the Switch in the coming year. It will be interesting to see how these developments impact the ongoing competition between these two gaming giants.