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Forums - Sony Discussion - Sony slumps most in 4 years overnight in Japan. Down 11%.

Tachikoma on 08 February 2013

Man, you're so eager to post anti-Sony news you don't even check formatting.



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Galaki on 08 February 2013

Nintendo is doomed!



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Kasz216 on 08 February 2013

Huh I'm shocked. Thought for sure the market consensus was that Sony was in an awful position and doing awful.

I guess Panasonic and Sharp raised expectations last minute?



BaldrSkies on 08 February 2013

Some people didn't care for the financial reports. so they lost a small part of the immense gains they have been making lately.

Also, the entire Nikkei index dropped today.



BaldrSkies on 08 February 2013
kowenicki said:
BaldrSkies said:
Some people didn't care for the financial reports. so they lost a small part of the immense gains they have been making lately.

Also, the entire Nikkei index dropped today.


The nikkei  dropped 1.8%


Point is, bearish market + mediocre financial report = you expected anything better?



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Ji99saw on 08 February 2013

When the PS4 releases will the game division be back to losses? Just curious if they will sell at big loss or not



Without order nothing can exist - without chaos nothing can evolve.

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Kasz216 on 08 February 2013
kowenicki said:
Kasz216 said:
Huh I'm shocked. Thought for sure the market consensus was that Sony was in an awful position and doing awful.

I guess Panasonic and Sharp raised expectations last minute?


The consensus was for a net profit.  I bought my shares late last year based on that and luckily they shot up, so no harm done if I sell today. 


Fair enough, guess i haven't been paying much attention since i saw a bunch of analysts just really take a negative outlook a month or two ago.  I'm really only a long term multiple year investor so i more or less have written off the entire Japanese Electronics market.

Surprised you wouldn't just wait till the 20th though hoping for a minor bump.  Though i suppose there is nothing preventing it from going lower.



Galaki on 08 February 2013
Ji99saw said:

When the PS4 releases will the game division be back to losses? Just curious if they will sell at big loss or not

Based on expections, it'll be over 9000 in power but will only cost $300-400.



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Nsanity on 08 February 2013

Wasnt Kaz suppose to fix everything?



HesAPooka on 08 February 2013

^^ how long has he been at the helm for?



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