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Sony To Post $2 Billion+ Loss

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Acevil said:
Aura7541 said:
DonFerrari said:

I was joking with him... but anyway most of the financial threads on Sony is posted by him, and actually the news themselve show Sony bad financial situation, kowen contribution on that is small.

He, at one time, suggested that Sony should listen to Dan Loeb and sell off their entertainment division. Boy was that a horrible idea...


I believe Dan Loeb did not exactly say sell off their entertainment division.
Just have that as seperate company functionally seperately of the main firm. Sony would still be a major stakeholder and shareholder. 

He meant that as a way to easily sell off it after.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

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Their lucky the PS4 is doing well.



 

    TI_Inspire said:
    Their lucky the PS4 is doing well.


    PS4 holds little weight in Sony general well being (as PS3 held little weight on Sony loss in general).



    duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

    http://gamrconnect.vgchartz.com/post.php?id=8808363

    Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

    http://gamrconnect.vgchartz.com/post.php?id=9008994

    Wonder if they'd consider spinning off the Computer Entertainment division . . .



    swbf2lord said:
    Wonder if they'd consider spinning off the Computer Entertainment division . . .

    Well, the first thing that will go is the division that is losing Sony the most money, in which it'll be its TV division since it's still technically owned by the company. Smartphones will be next. SCE won't be spun off because it's doing well financially.



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    No one blame Vita for this? WOW.

    I kid...

    Hope they keep their mobile division cause Xperia phones are usually great, only have to adjust the price and start to do yearly launch of the entire line up instead of all this spread announcements and launch dates and 2 flagships per year witch are unnecessary imo.



    Proudest Platinums - BF: Bad Company, Killzone 2 , Battlefield 3 and GTA4

    DonFerrari said:

    PS4 holds little weight in Sony general well being (as PS3 held little weight on Sony loss in general).


    No... that had a lot of weight. 6$ billion is not a small amount.



    I'd be more concerned with the revised operating profit for Fy15 now becoming an operating loss. At least while Sony has positive cashflow they remain solvent. This is the first year in ages they haven't paid a dividend and the projected operating loss is seems to be the real the reason for this. In some ways it's like Sony is using whatvlooks likens big scary number, which isn't really scary, to draw attention away from the smaller but scarier operating loss.

    Accounting write downs are quite handy as a tax dodge esp when you have operating profits. But when you have to use cash reserves, or borrow, to pay the bills because you have negative cash flow that's almost always bad.



    “The fundamental cause of the trouble is that in the modern world the stupid are cocksure while the intelligent are full of doubt.” - Bertrand Russell

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    Jimi Hendrix

     

    Aura7541 said:
    swbf2lord said:
    Wonder if they'd consider spinning off the Computer Entertainment division . . .

    Well, the first thing that will go is the division that is losing Sony the most money, in which it'll be its TV division since it's still technically owned by the company. Smartphones will be next. SCE won't be spun off because it's doing well financially.

    How profitable is SCE at the moment? I mean, I know the PS4 is doing well, but you have to factor in PSV, too. I had a bit of a look, and apparently the forecast (from July, not the updated one now) has "Game & Network Services", which apparently contains SCE, is at 25 billion yen, or about $230 million. For comparison, their camera division was forecast with 38 billion yen, their "Devices" division (looks like it has sensors, power supplies, etc) with 51 billion yen, their Pictures division (movies, TV shows, etc) with 65 billion yen, their Music division with 48 billion yen, and their Financial Services division (apparently there's a Sony Bank, Sony Life Insurance, etc) with a whopping 164 billion yen.

    And their 2013-2014 result was a loss to the Game & Network Services division, despite the huge launch of the PS4.

    So I don't think we can honestly say that SCE is doing exceptionally well, financially (at least, not its entire division - I'm assuming that there's more than just SCE within Game & Network Services). Obviously, without more information, we can't be certain, but it doesn't look like SCE is a particularly profitable division.



    swbf2lord said:
    Wonder if they'd consider spinning off the Computer Entertainment division . . .


    Its already a

    Subsidiary of Sony, Already its a LLC, but its stock is 100% owned , no public Offering of stock! Will be issued, and SCEj has first right of purchase of Stock if its offered! Thus its not for Sale!



    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.