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Sony stock 24 year low. "No turnaround in sight".

Forums - Sony Discussion - Sony stock 24 year low. "No turnaround in sight".

o_O.Q said:
lol anyone find it odd how the guys that prefer xbox seem to be most interested in how bad sony is doing

fixed for accuracy

and no it's not odd at all, expected, pretty typical actually



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goforgold said:
o_O.Q said:
lol anyone find it odd how the guys that prefer xbox seem to be most interested in how bad sony is doing

fixed for accuracy

and no it's not odd at all, expected, pretty typical actually

These posts are useless. If you don't want to discuss, get out of the thread. Period.



Well, it looks like Microsoft will be the only one left soon.

*this post is so embarrassing that I swear that it's a parody*



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RolStoppable said:
If Sony goes third party, they should develop exclusively for Nintendo platforms. That way Nintendo would become the definitive leader in gaming.

And why would that be in Sony's interest?



OneTwoThree said:
RolStoppable said:
If Sony goes third party, they should develop exclusively for Nintendo platforms. That way Nintendo would become the definitive leader in gaming.

And why would that be in Sony's interest?

The other option is Microsoft, and Japanese companies tend to congregate.



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well i've already said what i'd do but Sony knows what to do they either haven't done it or can't do it. if the Japanese gov. could put a good 100billion behind Sony and other Japanese companies to cover there debt they may weather the storm, but Sony will have to cut cost regardless of how high end there tech is.

its not a matter of what Sony want. its about whats best for the company.



theprof00 said:
kowenicki said:
theprof00 said:
 

You post articles like these and still believe Sony is fucked somehow in the business department.

sorry?

Your whole tone is that Sony is sounding its death rattle and is going to need massive overhaul to stay alive, right?

You offered suggestions as to what to change but really, the only reason they are posting losses is because of the tsunami.


You came to that conclusion?

Exchange rate issues, the current economic situation and the sony business model of low margins are by far the biggest problem. 

 

e.g.

In July, when the maker of Bravia televisions forecast full-year operating profit of 200 billion yen ($2.6 billion), Sony assumed the euro would trade at about 115 yen from July to March. The company loses about 6 billion yen of annual operating profit, or sales minus the cost of goods sold and administrative expenses, for every 1 yen decline against the euro, according to Mami Imada, a Sony spokeswoman

source Bloomberg.  by the way.... Euro is now 103. another significant drop since the last financials



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kowenicki said:
theprof00 said:
kowenicki said:
theprof00 said:
 

You post articles like these and still believe Sony is fucked somehow in the business department.

sorry?

Your whole tone is that Sony is sounding its death rattle and is going to need massive overhaul to stay alive, right?

You offered suggestions as to what to change but really, the only reason they are posting losses is because of the tsunami.


You came to that conclusion?

Exchange rate issues, the current economic situation and the sony business model of low margins are by far the biggest problem. 

 

e.g.

In July, when the maker of Bravia televisions forecast full-year operating profit of 200 billion yen ($2.6 billion), Sony assumed the euro would trade at about 115 yen from July to March. The company loses about 6 billion yen of annual operating profit, or sales minus the cost of goods sold and administrative expenses, for every 1 yen decline against the euro, according to Mami Imada, a Sony spokeswoman

source Bloomberg.  by the way.... Euro is now 103. another significant drop since the last financials

 

"Sony expected an annual operating profit of at least $2 billion"

Tsunami hits:

"$3.1 billion lost"

"The Japanese electronics and entertainment conglomerate is now projecting a 90 billion yen loss ($1.2 billion)"

2 - 3.1 = -1.1billion.

Your currency against euro above: 6B yen per point. 12 points. 72B yen = 937 million

Thai floods = 320 million

 

2 billion minus 1.25 billion = .75B operating profit without the tsunami.



theprof00 said:
kowenicki said:
theprof00 said:
kowenicki said:
theprof00 said:
 

You post articles like these and still believe Sony is fucked somehow in the business department.

sorry?

Your whole tone is that Sony is sounding its death rattle and is going to need massive overhaul to stay alive, right?

You offered suggestions as to what to change but really, the only reason they are posting losses is because of the tsunami.


You came to that conclusion?

Exchange rate issues, the current economic situation and the sony business model of low margins are by far the biggest problem. 

 

e.g.

In July, when the maker of Bravia televisions forecast full-year operating profit of 200 billion yen ($2.6 billion), Sony assumed the euro would trade at about 115 yen from July to March. The company loses about 6 billion yen of annual operating profit, or sales minus the cost of goods sold and administrative expenses, for every 1 yen decline against the euro, according to Mami Imada, a Sony spokeswoman

source Bloomberg.  by the way.... Euro is now 103. another significant drop since the last financials

 

"Sony expected an annual operating profit of at least $2 billion"

Tsunami hits:

"$3.1 billion lost"

"The Japanese electronics and entertainment conglomerate is now projecting a 90 billion yen loss ($1.2 billion)"

2 - 3.1 = -1.1billion.

Your currency against euro above: 6B yen per point. 12 points. 72B yen = 937 million

Thai floods = 320 million

 

2 billion minus 1.25 billion = .75B operating profit without the tsunami.

 

This is the smartest thing I've read in this thread so far. And this guy's not even an analyst.  Then again, the only real analyst on the website are ioi, Source, and Trunks.



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theprof00 said:

"Sony expected an annual operating profit of at least $2 billion"

Tsunami hits:

"$3.1 billion lost"

"The Japanese electronics and entertainment conglomerate is now projecting a 90 billion yen loss ($1.2 billion)"

2 - 3.1 = -1.1billion.

Your currency against euro above: 6B yen per point. 12 points. 72B yen = 937 million

Thai floods = 320 million

 

2 billion minus 1.25 billion = .75B operating profit without the tsunami.

I get the 2-3.1 thing. So, the new forcast stated by sony almost strictly considered the previous forecast minus the losses incurred by the tsunami, further proving the point that the major downturn here is a direct result of the tsunami.

 

The next numbers can you explain please?

Your currency against euro above: 6B yen per point. 12 points. 72B yen = 937 million

Where did you get "6B yen per point", "12 points", and what value does 72B yen represent? And newb question here, what is a point in this context?

Good post by the way. (for the only part I understood :B)