Sony on track to lose 2.1 billion dollars

[foxtail]

turtuls said:

KingdomHeartsFan said:

Wait they already cut off the PC and TV divisions and still posted a 1.2b loss?  How did that happen?

I guess they forgot to sell a building.

I know this comment was made in jest but you still have to wonder how long Sony's current strategy will be sustainable.

In March of 2014 Sony had $9.3B USD(1,046,466M yen) in Cash deposits and six months later it's been reduced to $5.4B USD (610,509M yen).

So where did that $3.9 Billion USD (435,957M yen) of their Cash go?

About half ($1.9B USD / 212,869M yen) was spent to build up inventories.

So if they had to spend that much more every year on inventories, and if they didn't add to their cash deposits, then their cash would be gone in 3 years.

source - Sony