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Forums - Sony Discussion - Sony Wants to be Number Three, Thinks it “Could Buy Apple and Samsung” in the Future

BluGamer23 on 08 March 2013
pezus said:
BluGamer23 said:
Come on guys its true!

and all this confidence is coming off from the PS4 reveal! ... coz its full of win right!

You're really scared of the PS4, aren't you?

OT: Something was lost in translation, surely...

And: "Sony hopes to become the third biggest producer in the world, behind Apple and Samsung, in first and second places, respectively"

What - don't Samsung produce way more?

yep just how I was terrified of the PSV! ..  

dat dual sticks!



 

 

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scottie on 08 March 2013
JoeTheBro said:
I understand buying apple but I doubt they will ever have the money in the bank to buy Samsung.


Apple is the most expensive company in the world to buy.

 

 

Edit: To put $ figures to it, it would cost $405 billion to buy 100% of Apple stock.

 

Sony has total assets of 45 Billion, but not all of that can be turned into money very easily (I cant find their liquid assets sorry), but they have to be careful even spending their liquid assets. They are currently making a loss of about $4B per year (excluding from the sale of assets like those big buildings they sold), and they also have depts of $17B.

 

tl;dr, Sony probably has at maximum $10 Billion that they could afford to throw into buying companies, and they need 40 times that much to buy Apple.



tonymarraffa on 08 March 2013

And in braking news Steve Balmer just applied for welfare! lmao



JoeTheBro on 08 March 2013
scottie said:
JoeTheBro said:
I understand buying apple but I doubt they will ever have the money in the bank to buy Samsung.


Apple is the most expensive company in the world to buy.

 


Today.



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scottie on 08 March 2013

Correct, it is true today.

 

You got any evidence that points to it not being true in the foreseeable future? Or do you just hate Apple and thus wish it would stop being true?



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scat398 on 08 March 2013

It would probably have been good idea for the writer of this article to do some research.  Samsung is actively trying to purchase Sony and has been for the past few years.  I've received several offers from Samsung asking to purchase my shares of Sony stock, very similar to the offers I received when Ea was going after take2.



JWeinCom on 08 March 2013
Dgc1808 said:
15 lines worth of text in the op that all point to SONY setting reasonable goals and being completely sane. Everyone focuses on the one line that does the contrary.


Yeah.  Sony almost went a whole interview without showing how out of touch with reality they are.  That's an accomplishment.



think-man on 08 March 2013

I pretty sure no one from sony would have said this.



 

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NobleTeam360 on 08 March 2013

Sony saw it's high point in the 80's and 90's it will never be a dominant company in any respective industry ever again.



scottie on 08 March 2013
Dgc1808 said:
15 lines worth of text in the op that all point to SONY setting reasonable goals and being completely sane. Everyone focuses on the one line that does the contrary.

 

A young man walks into a bar, and sees a grizzled old fisherman, crying into his beer. Curious, the young man sits down and says, “Hey old timer, why the long face?”

The old man looks at him and points out the window, “See that dock out there? I built that dock with my own two hands, plank by plank, nail by nail, but do they call me Simon the dockbuilder? No,no."

The old man continued, “And see that ship out there? I ’ve been fishing these waters for going on thirty-five years! but do they call me Simon the fisherman? No,no. ”

The old man starts to cry again, “But you fuck one goat … ”