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

vaio said:
I just knew that bitch Sony would dump me one day :'(


Aww man, I feel for ya. :(



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Zekkyou said:

Their future? Another 5 years of people on forums saying they are doomed and proclaiming the PS3 PS4 as their last console.

yupper's, after selling off those toxic assets, sony invest's more into CMOS sensors, all the while buying a new HQ for playstation in no other place than silicon freaking valley

PlayStation Opens Giant HQ in Silicon Valley, Jack Tretton: “I think we Have Everything Going for us now”

 

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/

 

than buys and invests into GaiKai, invest into playstation Now+ buys out sony ericsson completely

and yet those that say, sony is selling off those Toxic assets means that a hedge fund is just going to swoop right in and buy out playstation!

The fact that SCE Is a LLC and not for public buy in, shows that Kaz and the board told D@n Lobe flat out no on a Public IPO offering! on the entertainment Arm of the company.

But lets just keep the idea alive after 40 freaking straight years no non Japanese owned hedge fund outside of Japan have never had a Hostile Take over of a company the size of Sony from japan. History is not on the side of non Japanese trying to do a Hostile take over a japanese company the size of Sony. Any thing can happen , but its pretty wishful thinking at this point, because without a public buy in, its very doubtful that sony as a company is going to sell off playstation. if anything Selling over 4.2 million playstation 4's in less than 2 months with demand still extremely high shows that would not want to sell that part of the company off. splitting off TV and selling off PC will not be the end of it. But as for anyone coming in to buy off playstation, i think that is very doubtful that Sony would sell if anything reduction to only a Game company would rather suit sony at this point, and Since Kaz took over its very clear that is the direction Kaz and the board is taking Sony.



I AM BOLO

100% lover "nothing else matter's" after that...

ps:

Proud psOne/2/3/p owner.  I survived Aplcalyps3 and all I got was this lousy Signature.

Imaginedvl said:
Normchacho 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.


I'm afraid the shareholders and financial analysts are on my side here. Stocks are up despite the bad numbers because shareholder confidence is up and like I said they were just upgraded to "buy" status by Jefferies. 

You're mistaking the $1.1 B loss for quarterly numbers. That numbers is the yearly forcast and it was changed to that due to the costs of getting rid of the PC division as well as restructuring the TV division. They posted a profit for Q3.

I do not believe you understand what we are talking about here... The shareholders and financial analysts are not on anyone's side, they believe that Sony is going to lose less money based on their plan to get ride of their TV divions (and not because of the PS4 sales like you said, nothing to do with that).

All that being said, the point is: how many money investors LOST during the past year (not the results). Just Google and look at Sony' stock history... I mean it is simple maths, you can twist those numbers in any way you want it will not change the reality. That's the "whole" picture. Go speak with all those people who lost money over Sony's mess...

Also, 1.1b loss IS 1.1b LOSS, no matter how you look at them, nothing is positive about that, nothing... Even without taking into consideration 5000 people losing their job, Sony's current debt, etc...

No no, this thread is on Sonys FUTURE. I'm talking about the Outlook for Sony. It has nothing to do with stock history over the last year. Some people (like yourself) just saw the 1.1b loss and ran with it without knowing what it meant. 

Heck, until I told you otherwise you thought that the 1.1b loss was the Q3 2013 numbers. You didn't even bother to find out the context for the loss before coming on here and claiming doom.

 All I said about the PS4 was that is was selling better than expected. That's it, end, done. I never tied it into the TV division or  anything else. If you really want to get into it you could say that the success of the PS4 will help the gaming division which is good for the company as a whole. But that's not the point I was making at this time.

My point, which I have backed up with facts mind you. Is that despite what might seem as new fuel for the "Sony is doomed" bandwagon, the financial outlook for Sony is stronger now that it was before this weeks news came out.

It's becoming more and more clear that you are not actually interested in talking about Sonys outlook or what this news actually means and instead just wanted a place to yell "1.1B in losses! Sony is doomed!". If that isn't the case than I apologize but you did come into the thread ill equiped to debate the topic at hand.



Bet with Adamblaziken:

I bet that on launch the Nintendo Switch will have no built in in-game voice chat. He bets that it will. The winner gets six months of avatar control over the other user.

Vinniegambini said:
Normchacho 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.


I'm afraid the shareholders and financial analysts are on my side here. Stocks are up despite the bad numbers because shareholder confidence is up and like I said they were just upgraded to "buy" status by Jefferies. 

You're mistaking the $1.1 B loss for quarterly numbers. That numbers is the yearly forcast and it was changed to that due to the costs of getting rid of the PC division as well as restructuring the TV division. They posted a profit for Q3.

Definetely good news despite the 1.1 Billion loss - in the longterm, they will be a much stronger company than they are now.

However, Sony has been extremely fortunate in the last years in regards to selling their assets to cover-up their failing units (2 HQ Buildings sold, DENA shares sold, Vaio sold, etc.) - Selling assets in order to recoup losses and ''patch'' things up for now is not a sound strategy.

I'm much more worried about their debt. They have much more debt than cash at hand, still losing money in the short term, borrowing costs are to be more expensive due to junk status, and so on. I'm not seeing the light at the end of the tunnel as of now.


I agree with most of your post but even if we don't see a light at the tunnel just yet, we can certainly see the path to getting there.



Bet with Adamblaziken:

I bet that on launch the Nintendo Switch will have no built in in-game voice chat. He bets that it will. The winner gets six months of avatar control over the other user.

fleischr said:
DOOOOOOOOOOOM!!!!!!!!!





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Normchacho said:

I agree with most of your post but even if we don't see a light at the tunnel just yet, we can certainly see the path to getting there.

We will probably find out sometime between 2015 and 2016, where all these moves is suppose to be finalized.



Nobody will buy them since they have so much debt and are struggling to survive. Companies do however want certain parts of the company like the insurance, or games division. If they can get rid of that TV division then Sony will be doing much much better. 



    

NNID: FrequentFlyer54

Love how some people are trying to spin this.

"Man loses house to immense gambling debts, wife and kids kidnapped and held ransom. Car and other assets taken."

'This is good for the guy's future, because now he's got that house out of the way and the car should help. He'll probably work harder to get his wife and kids back... I'd say this is good news for the hugely in-debt man. Things look sunny.'



What do you mean, what is the future of Sony?
The future is already happening with the downsizing. They will downsize either to a point where it is small enough or until they find a new product that sells well.



If you demand respect or gratitude for your volunteer work, you're doing volunteering wrong.

Wait! Maybe we should just ignore this, I mean, is VgChartz, is not Nintendoom thread...



OP: Sony will be fine, I think. Is not the first time



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