By using this site, you agree to our Privacy Policy and our Terms of Use. Close

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

ListerOfSmeg said:
Figgycal said:
d21lewis said:
gooch_destroyer said:
Mystro-Sama said:
How the fuck it get so bad!? Were they burning money?


Since the PS3?

Dat free online

Dem free bundled exclusives

Those...excuse me, I meant "Dose" $599 consoles sold at a loss.

 

In an effort to remain competitive, Sony did a lot of things that just didn't make a lot of sense from a money making point of view.  Good for fans but bad for business.  Any attempt to make money like a business is supposed to do would have earned them a "$ony" label, I guess.

The idea was to make the blu-ray the leading physicical disc format by pushing it hard with the PS3. That did not happen (it did become the leading HD disc format as well as the preferred console disc format), but if it had overtaken DVD - Sony would've cashed out on a huge investment that paid off for them.

Plus what happens over at SCE hardly has to do with the company's troubles as PlayStation continues to actually make profit for the company. It's really the other branches of Sony that are holding it down. PlayStation 4, as successful as it is won't make a dent in the financials as long as the rest of the company is failing.

What? No it hasnt. Sony lost every penny they made off of the PS2 on the PS3.  They admitted they will most likely never make that money back. Ps4 isnt going to make that money back because it too is sold at a loss. How can you make a response on something, yet have no clue what you are talking about? I mean a simple Google search is all it takes to see you are completely wrong.

You were so quick to be confrotational that you completely misunderstood the point I was making- which was that Playstation has been turning a proift for the past 3 years, unlike Sony as a whole and the going ons at PlayStation isn't the main cause of Sony's debt. You also seem to have added a part where I said "PS4 wasn't selling at a loss". You're confused, but it's alright. Mistakes happen to the best of us also.