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Forums - Sony Discussion - Sony rating lowered to one point above junk status by investors

VGKing said:
sales2099 said:
VGKing said:
osed125 said:
VGKing said:
tonymarraffa said:
This just keeps getting worse and worse.

Things are actually getting better belive it or not.

How exactly?

Don't know the specifics. Look at Sony's last quarter results.

A net loss of 198 million just means they slowed the bleeding. But the conversion rate, especially Euros, will always bring losses when converted into yen. Thats something Sony can't change at all.

Exactly. It's a start.

Plus they are restructuring and letting go of 10k employees. You can't say that Sony isn't trying.


Didn't see you had posted this.

In fact you are wrong, the cutting of staff is a drastic emergency measure - that kind of thing doesn't happen unless the company is in serious trouble. The end result is either a healthy company albeit much smaller and worth much less than it was, or a company that still can't compete even on it's core business and becomes a shell of the conglomerate it once was.

 

There's no genuine talking of Sony going tits up, but their actual company could shrink to less than half it's current size. That's permanent, and would take 10s of years to rectify.

 

I don't think you understand the gravity of all this credit rating stuff, and the cutting of 10,000 staff. The 10,000 staff will be only the beginning. Not a chance that alone will bring sony back. They need to get rid of numerous divisions that aren't making a profit. They are nowhere near this, all you hear is spin  from the likes of Kaz, he's full of shit. Howard Stringer might have come across as a fat buffoon, but Kaz is japanese and loyal - NOT what Sony needs right now, it needs new thinking.



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Chark said:
JWeinCom said:
Sony just hasn't seemed to be able to adapt to the times. They haven't been able to put any sort of dent in the MP3 market (although to be fair few companies have) the laptop market, the cell phone market, the camera market, or the tablet market. Meanwhile Samsung and LG have really stepped up their TV game. Sony needs some sort of major spark of creativity to save them.


I was pretty sure VAIO sells pretty well and they advertise those laptops. Xperia is the 2nd selling phone in Japan and holds a reasonable marketshare amongst Android phones. Sony cameras are still highly regarded and of the upmost quality as Sony tends to develop very high end optical tech. I don't know this for sure, but I doubt you've done your homework either. It's just my impression. Sony has moved from MP3s to music streaming and their tablets don't sell very much I think.


Cameras bit is complete fabrication. Their compacts don't comepte at all, if they even have any. Their Micro Four Thirds use a proprietory standard and although are of high quality, are very expensive and not very popular. They don't have any DSLR either that is respected, it's just Micro Four Thirds basically. (I'm into photography).

Xperia being 2nd best selling phone in Japan is nice but that's one country, albeit an important one.

VAIO doesn't make money.



VGKing said:
sales2099 said:
VGKing said:
osed125 said:
VGKing said:
tonymarraffa said:
This just keeps getting worse and worse.

Things are actually getting better belive it or not.

How exactly?

Don't know the specifics. Look at Sony's last quarter results.

A net loss of 198 million just means they slowed the bleeding. But the conversion rate, especially Euros, will always bring losses when converted into yen. Thats something Sony can't change at all.

Exactly. It's a start.

Plus they are restructuring and letting go of 10k employees. You can't say that Sony isn't trying.

if you sony fans want sony to survive don't ask them for a super gaming console like vita or ps3, that way is the way they get to this massive down, ps4 need to be a massmarket product not like vita and ps3. (remember ps1 and ps2??).



34 years playing games.

 

Play4Fun said:
runqvist said:
I guess ms could help sony out with some cash. Maybe for some studios.. maybe more.


XPSBox. Believe.


if this happens, many people's heads will just explode ;)



walsufnir said:
Play4Fun said:
runqvist said:
I guess ms could help sony out with some cash. Maybe for some studios.. maybe more.

XPSBox. Believe.

if this happens, many people's heads will just explode ;)

That would be quite the sight!



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I want to buy stock but it keeps getting worth less and less so I keep holding out. If they theoretically got bought out by a better company, would I be reimbursed with stock for the better company or would I just be paid off?



"Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth." -My good friend Mark Aurelius

crikey how much do they want me to spend on PSN & SOE,looks like we're doomed



                                                                                                                                        Above & Beyond

   

homer said:
I want to buy stock but it keeps getting worth less and less so I keep holding out. If they theoretically got bought out by a better company, would I be reimbursed with stock for the better company or would I just be paid off?

Generally it depends.  In some cases, those who own stock in the company may be compensated, with shares in the new company.  If they merge.  If it's a buyout, however you may get nothing. 

I had stock in a company and when the company was sold didn't get any benefit from the sale.  i.e. my shares didn't convert.



Sony really needs to reel back on its TV business since that's the division that has been hemorrhaging ridiculous amounts of money every year. It has been doing much better than it has in the past, but the company can recover more quickly if it doesn't invest so much on televisions.



Aura7541 said:

Sony really needs to reel back on its TV business since that's the division that has been hemorrhaging ridiculous amounts of money every year. It has been doing much better than it has in the past, but the company can recover more quickly if it doesn't invest so much on televisions.


They have been doing just that. Even last CES they only showed 7 models compared to something like 20 the year before. They've also decided against making TV one of their cores.



Before the PS3 everyone was nice to me :(