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Forums - Sony Discussion - Sony's Q3 FY2013 Earnings (Stock UP 5%; Profit Beats Forecasts; 7.8m PS4+PS3; 2m Vita+PSP)

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It is official... now Sony can sabotage Wii U

http://www.dualshockers.com/2014/01/31/sony-officially-buys-factory-producing-wii-us-dram-could-actually-work-for-nintendo-for-a-while

"After the Asset Transfer, the system LSIs and others produced at the Tsuruoka Factory will be produced there for Renesas Electronics by SCK (Sony Semiconductor Corporation) on a contract basis for a certain period of time as agreed by Renesas Electronics and Sony. After expiration of that period, Renesas Electronics will shift the production of the system LSIs to its Naka Factory or discontinue production, as Renesas Electronics previously announced to its customers." 



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They should be able to post a profit this quarter, hopefully.



Sigs are dumb. And so are you!

kowenicki said:
If you think the results will be good then maybe buy some stock.

The share price will surely rise on any decent numbers after it has collapsed so badly in the last 6 months, its down 30% in that time.


Game will have good results... the company I don't know.

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They better beat after cutting 40% of their forecast.



Noobie said:
what was the exchange rate in last quarter.. $ to Yen





DamnTastic said:
Noobie said:
what was the exchange rate in last quarter.. $ to Yen





Is this bad? PS4 didn't use yen anymore... only Vita and PS3.

what are analysts expectations? usually analyst give out expectations before the announcement of the results



ethomaz said:
DamnTastic said:
Noobie said:
what was the exchange rate in last quarter.. $ to Yen





Is this bad? PS4 didn't use yen anymore... only Vita and PS3.

Good for export, bad for import.

Good article about it:
http://www.japantimes.co.jp/opinion/2013/05/11/editorials/the-good-and-bad-of-a-weaker-yen/#.Uu0DYRKimSo