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Forums - Sony Discussion - SONY downgraded again to Junk by Moody's (outlook stable).

Well that sucks. Hopefully they can bounce back. It would help by making their products a little more affordable. They do a good job in their game division but their business as a whole needs some work.

As long as their game division isnt effected then im ok.  




       

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So if I have stock, should I hold out for a possible split in the company or just sell-off my shares?

I'm concerned.



Fact is Sony are a complete financial wreck and verging on bankruptcy and will likely not see out the PS4's lifespan . This is not some blip, it is a decade long spiral.

Sony’s Market Cap Value on September 2000: $100 billion

Sony’s Market Cap Value on January 2014; $17 billion

Net Income 2009; 1,052.10 million LOSS

Net Income 2010; 434.00 million LOSS

Net Income 2011; 2,761.70 million LOSS

Net Income 2012; 4,858.50 million LOSS

Wanna guess how Sony are doing this year? The good news Sony actually made a profit 2013 Q1 of the 0.43 billion bad news is they did by selling assests not by being a proftable company.

Here's how they have done it:

-Higher ups not receiving their bonuses
-$1.1 billion for NY HQ
-$1.2 billion for Tokyo HQ
-$437 million for DeNA
-$730 million for chemical products business
-$935 million for LCD Venture Stake to Samsung
-Shutdown Liverpool Studio, eg WipEout
-Shutdown Zipper Interactive, eg MAG, SOCOM.
-Shutdown New Jersey Manufacturing Plant After 50 Years
-Fired 10,000's from across the board

Its basically another year of losing $5 billion+ hidden behind one time sell offs to appease their investors. Or it would have been exactly like last year;

Now back to bad news, 2013 Q2 $197 million LOSS



Kaz just lost Sony practically the entire Japanese smart phone market.
http://www.bloomberg.com/news/2013-11-28/apple-won-76-of-japan-smartphone-sales-in-october-kantar-says.html

Sony cuts full-year outlook; quarterly loss widens
http://www.marketwatch.com/story/sony-cuts-full-year-outlook-quarterly-loss-widens-2013-10-31

Sony Playstation division records losses as it buries PS Vita sales numbers (2012)
http://www.examiner.com/article/sony-playstation-division-records-losses-as-it-buries-ps-vita-sales-numbers

Sony bracing for biggest annual loss in a decade (2012)
http://www.eurogamer.net/articles/2012-04-10-sony-bracing-for-biggest-annual-loss-in-a-decade

Junk Status Outlook Negative
http://www.reuters.com/article/2013/11/20/fitch-affirms-sony-at-bb-with-negative-o-idUSFit67734820131120

Sony slashes profit outlook with TV business back in red
http://www.reuters.com/article/2013/10/31/us-sony-earnings-idUSBRE99U06320131031

Sony Shares Drop 11% on Poor Earnings
http://online.wsj.com/news/articles/SB10001424052702304073204579168833679539814

Sony Loses $2.2 Billion in Market Value After Forecast Cut
http://www.bloomberg.com/news/2013-11-01/sony-loses-2-2-billion-in-market-value-after-hirai-forecast-cut.html

Sony lowers profit forecast dramatically after movie loss piles on the misery
http://www.theguardian.com/technology/2013/oct/31/sony-lowers-profit-forecast-white-house-down

Sony Cuts Profit Forecast as Film, TV Division Posts Loss
http://variety.com/2013/biz/news/sony-cuts-profit-forecast-as-pictures-slip-into-loss-1200780631/


Sony lowers profit forecast dramatically after movie loss piles on the misery
http://www.theguardian.com/technology/2013/oct/31/sony-lowers-profit-forecast-white-house-down

Sony Cuts Profit Forecast as Film, TV Division Posts Loss
http://variety.com/2013/biz/news/sony-cuts-profit-forecast-as-pictures-slip-into-loss-1200780631/



Wanderlei said:

Fact is Sony are a complete financial wreck and verging on bankruptcy and will likely not see out the PS4's lifespan . This is not some blip, it is a decade long spiral.

Sony’s Market Cap Value on September 2000: $100 billion

Sony’s Market Cap Value on January 2014; $17 billion

Net Income 2009; 1,052.10 million LOSS

Net Income 2010; 434.00 million LOSS

Net Income 2011; 2,761.70 million LOSS

Net Income 2012; 4,858.50 million LOSS

Wanna guess how Sony are doing this year? The good news Sony actually made a profit 2013 Q1 of the 0.43 billion bad news is they did by selling assests not by being a proftable company.

Here's how they have done it:

-Higher ups not receiving their bonuses
-$1.1 billion for NY HQ
-$1.2 billion for Tokyo HQ
-$437 million for DeNA
-$730 million for chemical products business
-$935 million for LCD Venture Stake to Samsung
-Shutdown Liverpool Studio, eg WipEout
-Shutdown Zipper Interactive, eg MAG, SOCOM.
-Shutdown New Jersey Manufacturing Plant After 50 Years
-Fired 10,000's from across the board

Its basically another year of losing $5 billion+ hidden behind one time sell offs to appease their investors. Or it would have been exactly like last year;

Now back to bad news, 2013 Q2 $197 million LOSS



Kaz just lost Sony practically the entire Japanese smart phone market.
http://www.bloomberg.com/news/2013-11-28/apple-won-76-of-japan-smartphone-sales-in-october-kantar-says.html

Sony cuts full-year outlook; quarterly loss widens
http://www.marketwatch.com/story/sony-cuts-full-year-outlook-quarterly-loss-widens-2013-10-31

Sony Playstation division records losses as it buries PS Vita sales numbers (2012)
http://www.examiner.com/article/sony-playstation-division-records-losses-as-it-buries-ps-vita-sales-numbers

Sony bracing for biggest annual loss in a decade (2012)
http://www.eurogamer.net/articles/2012-04-10-sony-bracing-for-biggest-annual-loss-in-a-decade

Junk Status Outlook Negative
http://www.reuters.com/article/2013/11/20/fitch-affirms-sony-at-bb-with-negative-o-idUSFit67734820131120

Sony slashes profit outlook with TV business back in red
http://www.reuters.com/article/2013/10/31/us-sony-earnings-idUSBRE99U06320131031

Sony Shares Drop 11% on Poor Earnings
http://online.wsj.com/news/articles/SB10001424052702304073204579168833679539814

Sony Loses $2.2 Billion in Market Value After Forecast Cut
http://www.bloomberg.com/news/2013-11-01/sony-loses-2-2-billion-in-market-value-after-hirai-forecast-cut.html

Sony lowers profit forecast dramatically after movie loss piles on the misery
http://www.theguardian.com/technology/2013/oct/31/sony-lowers-profit-forecast-white-house-down

Sony Cuts Profit Forecast as Film, TV Division Posts Loss
http://variety.com/2013/biz/news/sony-cuts-profit-forecast-as-pictures-slip-into-loss-1200780631/


Sony lowers profit forecast dramatically after movie loss piles on the misery
http://www.theguardian.com/technology/2013/oct/31/sony-lowers-profit-forecast-white-house-down

Sony Cuts Profit Forecast as Film, TV Division Posts Loss
http://variety.com/2013/biz/news/sony-cuts-profit-forecast-as-pictures-slip-into-loss-1200780631/

The day Sony becomes desperate for cash, there will be plenty of companies circling like vultures to buy PlayStation.

Sony may cease to exist, but playstation will live on. I just hope it doesnt fall into the wrong hands.



I think Infamous will take care of all these money problems.



Recently Completed
River City: Rival Showdown
for 3DS (3/5) - River City: Tokyo Rumble for 3DS (4/5) - Zelda: BotW for Wii U (5/5) - Zelda: BotW for Switch (5/5) - Zelda: Link's Awakening for Switch (4/5) - Rage 2 for X1X (4/5) - Rage for 360 (3/5) - Streets of Rage 4 for X1/PC (4/5) - Gears 5 for X1X (5/5) - Mortal Kombat 11 for X1X (5/5) - Doom 64 for N64 (emulator) (3/5) - Crackdown 3 for X1S/X1X (4/5) - Infinity Blade III - for iPad 4 (3/5) - Infinity Blade II - for iPad 4 (4/5) - Infinity Blade - for iPad 4 (4/5) - Wolfenstein: The Old Blood for X1 (3/5) - Assassin's Creed: Origins for X1 (3/5) - Uncharted: Lost Legacy for PS4 (4/5) - EA UFC 3 for X1 (4/5) - Doom for X1 (4/5) - Titanfall 2 for X1 (4/5) - Super Mario 3D World for Wii U (4/5) - South Park: The Stick of Truth for X1 BC (4/5) - Call of Duty: WWII for X1 (4/5) -Wolfenstein II for X1 - (4/5) - Dead or Alive: Dimensions for 3DS (4/5) - Marvel vs Capcom: Infinite for X1 (3/5) - Halo Wars 2 for X1/PC (4/5) - Halo Wars: DE for X1 (4/5) - Tekken 7 for X1 (4/5) - Injustice 2 for X1 (4/5) - Yakuza 5 for PS3 (3/5) - Battlefield 1 (Campaign) for X1 (3/5) - Assassin's Creed: Syndicate for X1 (4/5) - Call of Duty: Infinite Warfare for X1 (4/5) - Call of Duty: MW Remastered for X1 (4/5) - Donkey Kong Country Returns for 3DS (4/5) - Forza Horizon 3 for X1 (5/5)

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Mr Puggsly said:
I think Infamous will take care of all these money problems.


Needz moar frames 



jlmurph2 said:
Mr Puggsly said:
I think Infamous will take care of all these money problems.


Needz moar frames 


Not enough tflops.



Recently Completed
River City: Rival Showdown
for 3DS (3/5) - River City: Tokyo Rumble for 3DS (4/5) - Zelda: BotW for Wii U (5/5) - Zelda: BotW for Switch (5/5) - Zelda: Link's Awakening for Switch (4/5) - Rage 2 for X1X (4/5) - Rage for 360 (3/5) - Streets of Rage 4 for X1/PC (4/5) - Gears 5 for X1X (5/5) - Mortal Kombat 11 for X1X (5/5) - Doom 64 for N64 (emulator) (3/5) - Crackdown 3 for X1S/X1X (4/5) - Infinity Blade III - for iPad 4 (3/5) - Infinity Blade II - for iPad 4 (4/5) - Infinity Blade - for iPad 4 (4/5) - Wolfenstein: The Old Blood for X1 (3/5) - Assassin's Creed: Origins for X1 (3/5) - Uncharted: Lost Legacy for PS4 (4/5) - EA UFC 3 for X1 (4/5) - Doom for X1 (4/5) - Titanfall 2 for X1 (4/5) - Super Mario 3D World for Wii U (4/5) - South Park: The Stick of Truth for X1 BC (4/5) - Call of Duty: WWII for X1 (4/5) -Wolfenstein II for X1 - (4/5) - Dead or Alive: Dimensions for 3DS (4/5) - Marvel vs Capcom: Infinite for X1 (3/5) - Halo Wars 2 for X1/PC (4/5) - Halo Wars: DE for X1 (4/5) - Tekken 7 for X1 (4/5) - Injustice 2 for X1 (4/5) - Yakuza 5 for PS3 (3/5) - Battlefield 1 (Campaign) for X1 (3/5) - Assassin's Creed: Syndicate for X1 (4/5) - Call of Duty: Infinite Warfare for X1 (4/5) - Call of Duty: MW Remastered for X1 (4/5) - Donkey Kong Country Returns for 3DS (4/5) - Forza Horizon 3 for X1 (5/5)

Personally, I really like Sony Vaio series laptop and am going to buy the new Flip model despite Vaio series are often overpriced. Feel bad for Sony. Although I am a Xbox fan, I still respect Sony as one of the world leading consumer device company with more innovation in their visions.



An still most Sony fans think Nintendo will stop making games before Sony or go 3rd party.

Sooner or later I don't think Playstation will be Sony any more wich might be good if it isn't MS that buy it.



If it isn't turnbased it isn't worth playing   (mostly)

And shepherds we shall be,

For Thee, my Lord, for Thee. Power hath descended forth from Thy hand, That our feet may swiftly carry out Thy command. So we shall flow a river forth to Thee And teeming with souls shall it ever be. In Nomine Patris, et Filii, et Spiritūs Sancti. -----The Boondock Saints

Mr Puggsly said:
jlmurph2 said:
Mr Puggsly said:
I think Infamous will take care of all these money problems.


Needz moar frames 


Not enough tflops.


Needz moar GDDR's