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

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

MARCUSDJACKSON said:
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.


@ bolded - THIS

Now the question is, where does the Playsatation lies within Sony's priority list when major costs needs to be slashed or when major Assets needs to be sold or restructured.



Around the Network
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.

ok so now knock of the tv losses of about 1bn per year and you are in a loss situation, before any other losses they incurred... believe me there are some.

If you really believe the only problem sony had this last year was the tsunami there really isnt any point talking to you.  No tsunami this next financial quarter, lets see how they do,  then the quarter after... and the quarter after.

Suffice to say not a single analyst agrees with you, nobody in charge of sony agrees with you and the government of Japan dont agree with you.



I'm not really here!

Link: Shipment History Since 1995


kowenicki said:

ok so now knock of the tv losses of about 1bn per year and you are in a loss situation, before any other losses they incurred... believe me there are some.

If you really believe the only problem sony had this last year was the tsunami there really isnt any point talking to you.  No tsunami this next financial quarter, lets see how they do,  then the quarter after... and the quarter after.

Suffice to say not a single analyst agrees with you, nobody in charge of sony agrees with you and the government of Japan dont agree with you.

Also, I never said it was their only problem.

"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 agree with the economists who say that Sony needs to fix some things so that DESPITE (given your dismissal of the tsunami) any potential disasters, they'd still be making money. That is sound advice. The problem with your post is simple. That is the most general, bland sound advice that you could give to any company. You take nothing into consideration, just that there are areas that are struggling, and should be removed.

YET, your tone is of such desperate nature, and overexaggeration that it really just looks like you're ringing the death bell for Sony. Maybe that's not what you're doing at all. My point, (which you've dismissed by saying it's my only argument) is that Sony would have profitted without a tsunami, and in that context, my previous post "you post articles like this and still believe that Sony is somehow fucked in the business department", should make more sense. Sony isn't as fucked as you make them out to be.

Imagining a context where Sony hasn't had a tsunami, your article should have read something like, "sony struggling in X, needs to fix Y. They're doing pretty average, but missing a lot of opportunity". That headline, that I wrote just now <------ is what their actual situation is right now, except with a tsunami on top of it. They are not fucked. They are missing some opportunity, and doing some things wrong, but they are not desperate enough to become "first and foremost, media suppliers" (your words).

 

Also, you are a crude and disgusting person for saying that there isn't a Tsunami next quarter. You are seriously messed up. Seek therapy.

 



ImJustBayuum said:
MARCUSDJACKSON said:
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.


@ bolded - THIS

Now the question is, where does the Playsatation lies within Sony's priority list when major costs needs to be slashed or when major Assets needs to be sold or restructured.

PS is profit so its there other devisions they need to work on



pezus said:
This is being blown out of proportion by some of the users, but it's still unnecessary to insult them and resort to name-calling. Let's keep the discussion civil, without personal attacks or hyperboles.

You sir, are a gentleman.



Around the Network
ImJustBayuum said:
MARCUSDJACKSON said:

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


@ bolded - THIS

Now the question is, where does the Playsatation lies within Sony's priority list when major costs needs to be slashed or when major Assets needs to be sold or restructured.

The gameing group inside the division probably is the only "safe harbour" currently within Sony. Notice they did not shut down any game developers they own/control which would be an easy spot to save money. Hardware prices are probably at a point where no further reductions can take place without makeing losses again, given the strong yen, exploding harddisk prices. On other fronts, why they bought out Sony Ericsson instead of gutting the cell phone market is anyone's guess. When you hear Sony starting to shut down Japanese factories one day, then it is time to start worrying. 



theprof00 said:
kowenicki said:

ok so now knock of the tv losses of about 1bn per year and you are in a loss situation, before any other losses they incurred... believe me there are some.

If you really believe the only problem sony had this last year was the tsunami there really isnt any point talking to you.  No tsunami this next financial quarter, lets see how they do,  then the quarter after... and the quarter after.

Suffice to say not a single analyst agrees with you, nobody in charge of sony agrees with you and the government of Japan dont agree with you.

Also, you are a crude and disgusting person for saying that there isn't a Tsunami next quarter. You are seriously messed up. Seek therapy.

 

Seriously, wtf? You completely misread his post. He is saying Sony had a bad Q this Q, and the next will be bad (assuming) and the next without there being a tsunami, meaning you can't soely blame the tsunami. He isn't saying anything of the sort that somehow suggests he wants or likes a tsunami or anything you can attack him for there ....



 

goforgold said:
Carl2291 said:
This thread is amazing.

kowenicki posts huge Sony news on the Sony forum from a huge website, and kowenicki is mean.


Where were all you guys complaining when Nintendo were doing shitty?

why would a Sony fan care about Nintendo's situation???

that's part of the problem, non fans who could care less about Sony who only EVER show up when there is something negative to drive into the ground, need I remind of the PSN hack situation

Look at it from our perspective. Would you entrust PS3 fans with posting unfavorable news 'bout SON¥? That's our job. If you happen to come by something negative 'bout MS in the internet, knock yourself out.

 



reviniente said:
goforgold said:
Carl2291 said:
This thread is amazing.

kowenicki posts huge Sony news on the Sony forum from a huge website, and kowenicki is mean.


Where were all you guys complaining when Nintendo were doing shitty?

why would a Sony fan care about Nintendo's situation???

that's part of the problem, non fans who could care less about Sony who only EVER show up when there is something negative to drive into the ground, need I remind of the PSN hack situation

Look at it from our perspective. Would you entrust PS3 fans with posting unfavorable news 'bout SON¥? That's our job. If you happen to come by something negative 'bout MS in the internet, knock yourself out.

 

but then that would make me a utterly pathetic troll.......no one likes a troll



This is bad news for Nintendo fans. Without the PlayStation brand, we won't be able to enjoy our awesome third party games.