Oh... wow. They announce they are quitting the PC business and then proceed to order more parts and make more? Sony has too many heads.
Also, whats with the disc manufacturing? It didnt suddenly drop. Discs can be repurposed aswell.
All i see, is a monster of a company out of control, but with a pretty good games division. In all this i cant help but wonder if it was really necessary to kill studio liverpool.
kowenicki said:
Thats the forecast for the year that ended March 31st.. and yes they did predict a profit this time last year of $507m. So it is a net $1.8bn swing downwards. They will no doubt predict profits for next year in their related docs on the 14th when they report. But its wearing a bit thin now. |
Do any investors actually fall for it?
kowenicki said:
Junk rated and their stock is all but dead. They are simply servicing debt (at every higher costs) and limping along. They are also burning through assets including cash at an alarming rate. These kinds of losses have implications. But people here have never understood that... or dont want to understand that. |
How long would it take them to burn through all their cash at this rate?
| game_on said: Well Microsoft's X1 isn't doing that well but the compagny as a whole is. So I guess that's yin yang... |
No. Xbox made profit. Microsoft made profit. No loss on either.
OT:
I will say it again. Plystation will bee very different by 2020. Sony will not exist.
kowenicki said:
Junk rated and their stock is all but dead. They are simply servicing debt (at every higher costs) and limping along. They are also burning through assets including cash at an alarming rate. These kinds of losses have implications. But people here have never understood that... or dont want to understand that. |
Just so you know : Sony is approx 140 000 employees, it's not Nintendo (5000 employees). Japan governement will never, ever let Sony sink. That is why no one there seem to worry about losses that much at Sony headquarter. Japan is in the top five richest country in the world. It had already happen with a lot of Japanese companies. Sony is worth 30 billion dollars, again it's not Nintendo.
Plus, Sony is not a random japanese company. It's one of Japan's tech pride. Same goes for Nintendo, Nissan, Panasonic. Governement will never let them collapse. Don't be a fool mate, it's not just a matter of number here. We all know who would buy Playstation if Sony goes bankrupt => Samsung. It would be a shame for Japanese people to let it one of their strongest brand (Playstation) be bought by a Korean company. Hence why that will never happen, even if japanese governement has to nationalize Playstation and Xperia brand.
If you don't see Sony panic that much, that's because there is obvious reasons. Same goes for Toyota, Nintendo
And really, the only thing I care about Sony is Playstation. And I do think Playstation is way too big for Sony to handle, I even made a thread about it here. I dream about Samsung buying the Playstation Brand but that will never happen.
selnor1983 said:
No. Xbox made profit. Microsoft made profit. No loss on either. OT: I will say it again. Plystation will bee very different by 2020. Sony will not exist. |
I get the feeling you want that to happen as much as you think it will
Btw.. does this mean that bluray is financially a flop? the return on investment is not coming cause of the lack of consumer demand? Sony betted on manufacturing the discs for a long, profitable, time after the expensive battle with HD-DVD.. but now the demand isn't there cause of itunes, netflix etc..
Face the future.. Gamecenter ID: nikkom_nl (oh no he didn't!!)
kowenicki said:
It is a publicly listed company. I dont have the time or inclination to go into why what you have just written is a load of old nonsense.
|
Like I said : "And really, the only thing I care about Sony is Playstation. And I do think Playstation is way too big for Sony to handle, I even made a thread about it here. I dream about Samsung buying the Playstation Brand but that will never happen. "
I'm pretty sure about what I said since I already worked as a trainee in Japanese embassy. But if you think you can prove me I'm wrong I would be glad to hear what you has to say since I dream about Playstation being bought by a more healthy company than Sony.
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