Quantcast
Future of Sony? 1.1 Billion dollar loss.

Forums - Sony Discussion - Future of Sony? 1.1 Billion dollar loss.

X1Gates said:
Imaginedvl said:
Normchacho said:
didn't they just get upgraded? Stock is going up, PS4 is selling better than expected. The outlook is actually better than it has been in a number of years. People just see one number and think that's the whole story.

I believe it is the opposite, you see their stock going up and you believe that's the whole story.

What about all the money they lost during the past few months/years and what about the next quarter? This one was bad even with the launch of the PS4, imagine the next one... The stock went up because they announced their intention of selling their PC division, not because of the PS4... And it is just another tentative from Sony to stop bleeding money; it is too early to say if things are going to be better.

Do you have a degree in economics? Do you work in the finance sector? If you answered no two both then what I need you and all the other nintendo/xbot drones is to STFU. People have been saying Sony will go out of business for a long time but they are around still to this day. All these people who know nothing of business or hold a degree in these sectors wade in with their two cent. If you knew anything you would be working for Sony and not be online getting a hard on from the thought of Sony going bust.

Obviously reported for the post but also for the alt account....

As far the degree in economics, nobody needs a degree in economics to understand Sony's situation... You can choose to ignore it or and to just see it from a gamer point of view but the reality will not change :) You know, all the people who lost a LOT of money because of Sony's leadership (those people with degrees in economics) in the past few years did not have a degree in economics but they can pretty much understand what everybody means by Sony being a total mess and bleeding money (very simple maths here)...

Also, forums are not really a good place for you if you believe that only domain "experts" may have an oppinion, discuss about a topic or even understand what is going on. And you know that this has nothing to do with the Playstation brand but Sony as a company.



Around the Network
M.U.G.E.N said:
benji232 said:
M.U.G.E.N said:


1. Never said you're a dumbass..but you Finally after all that hard work you put in found one major acquisition but can't find any other purchases they made. I dunno man..if the hat fits. Small steps pal..keep it up

2. You have issues understanding simple english and logic. Let me break this down for you so even you might understand it. Selling an office building such as that is for two reasons. One, money. Two, expenses...companies do this all the time. Immediate need for cash + long term profitability of the said asset are things that will get considered in such situations.

Not sure why you are so hung up on this. Did you work in the building? lol And wait are you actually surprised a large company has debt? Like no way man... -_- I seriously feel like I'm talking about this with a hopeless case here. You keep repeating normal business practices like something unique. I never said Sony was in a fantastic financial situation. I was laughing at your silly attachment to them selling a building. When they have bought buildings, factories and also invested in other new businesses. bu bu bu dat one building doe lol 

3. umm I never said laying people off was a 'good' thing. i said it was something that was needed and overall is good for the long term health of the company. From the top of my head I believe sony has around 150k workers. When restructering happens, lay offs happen. It really sucks for those affected. But this is needed. 

4. lol who said just 'vaio'? Sony is in a pretty good condition in most of their divisions. Again look up the financials. See what they are earning in other divisions and then you will understand why Kaz is making the moves he is making. One of Sony's biggest problems is lack of focus. They need to focus on their strengths going forward. Remove the excess useless factors is essential. When a company has many divisions, if one division is unhealthy compared to others, they get cut. Seriously...not a difficult concept to understand

5, see clueless train continues. I bash sony all the time lol I have no emotional investment in the company nor do I have money invested in them. This isn't even about playstation lol this is about the overall company. If it makes you feel better about your clueless posting earlier, go right ahead, imagine that I'm being 'defensive' of sony 

your or my love for their products have nothing to do with this. This is a pretty straight forward business situation. I actually entered this thread hoping to discuss the numbers and their impact going forward but sadly walked into a console warfare bs. The overall loss forecast is nicely detailed in the financials notes. Give it a read and I'm not saying this in a snarky way. There are a lot of expenses involved with restructuring. These are great smart steps taken by Kaz and bodes well for the future of the company. 

Anywho i'm done with this..gonna finish watching Pacers vs Blazers game and then grab some dinner. 

1) Bring me the links buddy, I googled it, nothing comes up. The only HQ they bought in 2013 was their playstation HQ.

2) You've gotta be kidding me right? You're the hopeless case here. You're SERIOUSLY telling me that having more debt then all of their assets+cash combined. That having more debt then Microsoft, Apple, Google, etc which are ALL MUCH MUCH bigger companies then Sony. 

Wait, here's a better question, do YOU even know how much debt they have? Seriously, take off those sunglasses and look at the real world. If you're trying to argue with me that Sony overall debt (over 157B$) is normal, name me ONE corporation that has that much debt as of today. One, I beg you. Keep calling me an idiot buddy, you're making yourself look ridiculous here.

3) Again, you failed to address the fact that they've been laying off people constantly for the past couple years. They laid off 10k people in their FY 2012, another 5k people this year and so on. 

4) Are we even looking at the same numbers? Sony is healthy? The only divions that i'd call healthy would be their insurrance and gaming divions. Their mobile division is doing decently. They lost billions and billions of dollars over the last 4-5years. Very healthy company indeed. 

I can't believe that you're even arguing the fact that sony is healthy or not. Ask anyone, any analysts, any investors, if they think that Sony is healthy. 

5) Again, yes, these moves needed to be made for Sony's future. However, I have some difficulty understanding how you can't acknowledge that, had Sony been actually healthy, they could have easily gotten rid of the fat without losing 1B$+. And if Sony was actually healthy, they would be posting umm.... you know?.... profits? 

 I think it's called take off goggles..not sun glasses lol haven't heard that one before. here's a clue Eisntein...I never said Sony was in a great condition. Let that settle in and blow your mind for a bit. They have been in real trouble with two of their divisions, tax issues etc. Not the first time I have talked about this. 

1) I never called you an idiot either lol Is this some kind of scenario where you are calling yourself names? hahaha I didn't call you an idiot nor did I call you a dumbass, both of which you are accusing me of ....I'm not gonna get into you self confidence issues here man, that's all on you

2) I already addressed the layoffs..they were needed. No financial analyst in their right mind would say other wise. It sucks for those who lost the jobs but sony should have done this even earlier. There is no 'so on'. lol they should gotten rid of them or even more even before this. better late than never. 

3) health of a company depends on their future outlook. Yes they are healhty. Imaging, movies, gaming, music and financials will all do good for them going forward. And yes I went over the financials on the day they released. Even discussed them a bit on gaf. 

4) You have caught some feelings over sony and people calling you out on your dumb comments. Not my fault. It's a business. You need to be objective in understanding the numbers. I care not for sony as a company at all. you are so clueless that you actually think a 'healthy' company if were to get rid of a large section of their business + spin off another as a subsidiary won't involve large expenses....hilarious

 Anywho for the last time I'm done wasting time with you..you are too emotionally invested in the sony vs nintendo nonsense I think ..shame

You once again fail to grasp at any points that I was trying to make. You failed to discuss the fact that their debt is higher then MS, Apple, google, etc even while being a much smaller corporation. Maybe because you can't really argue that? How about, go argue Moody as to why Sony deserves not to be downgraded as junk for their stock. 

1) It's called reading along the lines buddy. Let's say I tell you that you're clueless or you can't read properly or you can't search for shit, then yea, it's basically saying that you're an idiot. Again, it is hilarious how you keep saying that they bought a few HQs in their fiscal year 2013 when there hasn't been a single report on any except the playstation HQ. (1 =/= "a few" by the way)

2) PLEASE copy/paste where I stated that layoffs weren't necessary. I beg you. Layoffs were indeed necessery due to the horrific position they were in (and still are, although things are getting slowly better).

3) Indeed, the health of a company relies on the present and the future. And I can't see a positive future for Sony unfortunetly. They are getting hammered in every department that they are in except gaming and their financial business. But unfortunetly, gaming is a very small part of Sony and their financial businness is not enough to carry all of their other failing divisions. 

4) Again, you seems to like pulling shit out of your ass, do you? WHERE, I repeat, WHERE did I argue that spinning off their tv division and selling their PC business wouldn't involve huge expenses. Please, AGAIN, copy/paste. I said, HAD they been ACTUALLY HEALTHY, they would of been able to spin their tv business and sell their PC division without incurring a loss. You know, it's possible to have bigger profits then you're expenses. Google are spending billions left and right on companies that create robots, yet they are still posting profits. You know why? Because their profits are BIGGER then their expenses. Sony did the right move, but that doesn't excuse the huge loss. 

And Hahahahaha, oh boy, that last sentence is just the cherry on the sundae, WHERE did I mention nintendo in our discussion.  Please, again, copy/paste. And please link me to these threads where I got called out on my "stupid" posts? It is hilarious how offensive you are along the lines and you then just deny it by saying "I didn't say X" yet you said Y which basically means the same damn thing as X. And it is hilarious that you brought Nintendo in this discussion because I never defend them like so many fanboys on this website. I only argue when people are talking againsts facts, which in this case, you are. And while were at it, I play more oftenly on my xbox360/PC then my Nintendo system since you seemed so convinced that I am a Nintendo fanboy.

And just for the heck of it, why do you believe I have some strong feelings against Sony. This has to be one of the most dumbest things i've ever head. Discussing a 1.1B$ loss is not having a strong feeling against a company. And to my knowledge, I've never posted any comments against Sony. Please provide me with these "stupid" comments that I've made and name me a few people that called me out on my "stupid" comments.

I'm sorry that you're too sensitive of a person to discuss a few facts about Sony without getting overly defensive. I will keep that in mind before starting any other discussions in the future with you. I'll keep in mind that I shouldn't say anything negative about Sony.



Predictions for LT console sales:

PS4: 120M

XB1: 70M

WiiU: 14M

3DS: 60M

Vita: 13M

M.U.G.E.N said:
Super_Boom said:

I didn't want to take a side, I was just curious. Business isn't my forte, but I enjoy reading about it.

Thanks for the link!

You're welcome :) 


Ha, now a factory is an HQ. Man, I learn new things every day!

/s



Predictions for LT console sales:

PS4: 120M

XB1: 70M

WiiU: 14M

3DS: 60M

Vita: 13M

benji232 said:
M.U.G.E.N said:

You're welcome :) 


Ha, now a factory is an HQ. Man, I learn new things every day!

/s


i'm posting this just to show how smart you are. this is what you said. When you are a person who can't even remember what you said....well I will leave it to your imagination on what to call yourself hahahaha You should learn some 'remember the shit I just said an hour ago' or 'reading comprehension' as todays lesson. I'm glad to have given those lessons to you :D You are most welcome and no need to thank me

oh and ps: I will save you time so you don't have to google this..a factory IS a building! 0_0

"Link to me to the "bunch of buildings" that they bought. I have atleast 2 seperate links for 2 seperate buildings that they sold for 1.2B$ and 1.1B$ respectively. When I google "Sony buys headquarter", nothing comes up at all."

 



In-Kat-We-Trust Brigade!

"This world is Merciless, and it's also very beautiful"

For All News/Info related to the PlayStation Vita, Come and join us in the Official PSV Thread!

Some of the responses in this thread are actually insane and quite frankly embarrassing for sony fans on this site.
Everyone on this site is smart enough to understand that Sony is and has been in real trouble for a long time. It doesn't mean you can't like their product anymore, but get over this whole defensive, name calling, hate speech. Sony is working hard to save the viable parts of the company but the reality is that may not be enough.

As stated numerous times before samsung has been aggressively going after sony shares and their current losses will only embolden them further.



Around the Network
M.U.G.E.N said:
benji232 said:
M.U.G.E.N said:

You're welcome :) 


Ha, now a factory is an HQ. Man, I learn new things every day!

/s


i'm posting this just to show how smart you are. this is what you said. When you are a person who can't even remember what you said....well I will leave it to your imagination on what to call yourself hahahaha You should learn some 'remember the shit I just said an hour ago' or 'reading comprehension' as todays lesson. I'm glad to have given those lessons to you :D You are most welcome and no need to thank me

oh and ps: I will save you time so you don't have to google this..a factory IS a building! 0_0

"Link to me to the "bunch of buildings" that they bought. I have atleast 2 seperate links for 2 seperate buildings that they sold for 1.2B$ and 1.1B$ respectively. When I google "Sony buys headquarter", nothing comes up at all."

 

 I asked for links, you gave me 2 of them, 1 of them is a minor purchases (in comparison to the other 2 HQs that they sold off).  A factory is indeed a building, however, it's not comparable to an HQ. And please, Mr.knowseverything, explain to me how having 150B$ in debt while having around 130B$ in assets and cash a healthy company. The future is very rosy indeed. Also, please name me a company that has the same ratio of debt vs assets as sony. Since, obviously as you said, it is normal for big corporations to have that kind of ratio of debt vs assets! You're such a smart person, I appreciate you're financial lessons so much.



Predictions for LT console sales:

PS4: 120M

XB1: 70M

WiiU: 14M

3DS: 60M

Vita: 13M

scat398 said:
Some of the responses in this thread are actually insane and quite frankly embarrassing for sony fans on this site.
Everyone on this site is smart enough to understand that Sony is and has been in real trouble for a long time. It doesn't mean you can't like their product anymore, but get over this whole defensive, name calling, hate speech. Sony is working hard to save the viable parts of the company but the reality is that may not be enough.

As stated numerous times before samsung has been aggressively going after sony shares and their current losses will only embolden them further.

Finally, thank you. Someone with a bit of sense. It's a breath of fresh air after arguing with mugen for a few hours lol.



Predictions for LT console sales:

PS4: 120M

XB1: 70M

WiiU: 14M

3DS: 60M

Vita: 13M

This thread went from the abysmal future of Sony to blind furious hate from haters and supporters alike Lol!

Sadly, anyone who thinks that only one side is embarrassing themselves needs to take off their goggles too because there is no side that you can choose from here that is without ulterior motives. XD



Imaginedvl said:
X1Gates said:
Imaginedvl said:
Normchacho said:
didn't they just get upgraded? Stock is going up, PS4 is selling better than expected. The outlook is actually better than it has been in a number of years. People just see one number and think that's the whole story.

I believe it is the opposite, you see their stock going up and you believe that's the whole story.

What about all the money they lost during the past few months/years and what about the next quarter? This one was bad even with the launch of the PS4, imagine the next one... The stock went up because they announced their intention of selling their PC division, not because of the PS4... And it is just another tentative from Sony to stop bleeding money; it is too early to say if things are going to be better.

Do you have a degree in economics? Do you work in the finance sector? If you answered no two both then what I need you and all the other nintendo/xbot drones is to STFU. People have been saying Sony will go out of business for a long time but they are around still to this day. All these people who know nothing of business or hold a degree in these sectors wade in with their two cent. If you knew anything you would be working for Sony and not be online getting a hard on from the thought of Sony going bust.

Obviously reported for the post but also for the alt account....

As far the degree in economics, nobody needs a degree in economics to understand Sony's situation... You can choose to ignore it or and to just see it from a gamer point of view but the reality will not change :) You know, all the people who lost a LOT of money because of Sony's leadership (those people with degrees in economics) in the past few years did not have a degree in economics but they can pretty much understand what everybody means by Sony being a total mess and bleeding money (very simple maths here)...

Also, forums are not really a good place for you if you believe that only domain "experts" may have an oppinion, discuss about a topic or even understand what is going on. And you know that this has nothing to do with the Playstation brand but Sony as a company.


what's your proof? Anyways like i said before no degree in economics= STFU



Just to clarify things : Sony america bought a huge and expensive headquarter, that's the reason why they sold the other little one : http://www.playstationlifestyle.net/2013/09/11/playstation-opens-giant-headquarters-in-silicon-valley-jack-tretton-this-was-the-jewel-we-had-our-eye-on-for-about-6-years/

They also buy a new big headquarter for Santa Monica : http://blog.us.playstation.com/2014/01/29/santa-monica-studio-update-new-site-new-hq/


Dont see only what you want to see...



Predictions for end of 2014 HW sales:

 PS4: 17m   XB1: 10m    WiiU: 10m   Vita: 10m