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Sony on track to lose 2.1 billion dollars

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Has there ever been a company that does so good and so bad at the same time? Sony is like a retarded kid that gets a free pass because he's really good at art class. Stop fucking around and make some money, dammit!  If I was a pimp and Sony was my bitch, Sony would have two black eyes.



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I'm surprised they continue to survive since they've lost $10bn+ in the last decade.



    

NNID: FrequentFlyer54

Did the launch of the Z3 cause those losses? If you take out the mobile division Sony would have posted a profit...so close, yet so far.



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KingdomHeartsFan said:

Wait they already cut off the PC and TV divisions and still posted a 1.2b loss?  How did that happen?


I guess they forgot to sell a building.



don't waste time

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NNID : turtuls

But how can this be? Sony is God and PS4 cures cancer.



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turtuls said:
KingdomHeartsFan said:

Wait they already cut off the PC and TV divisions and still posted a 1.2b loss?  How did that happen?


I guess they forgot to sell a building.


ouch



BOOM!  FACE KICK!

DarthMetalliCube said:

But how can this be? Sony is God and PS4 cures cancer.

Shu is God. And PS4 cures HIV. 



Sigs are dumb. And so are you!

d21lewis said:

Has there ever been a company that does so good and so bad at the same time? Sony is like a retarded kid that gets a free pass because he's really good at art class. Stop fucking around and make some money, dammit!  If I was a pimp and Sony was my bitch, Sony would have two black eyes.

They're just being undercut by cheap Chinese no name brands, especially in the TV/electronic and mobile markets.If you ask me SONY should abandon all their "high end" TV/electronics lines as they have not been 'quality' for many many years.Release good quality stuff at a very good price, thats where the big bucks are.



I didn't think they would make such a colossal loss last quarter, and at this rate they are getting dangerously close to being bought by other companies. They need to turn things around NOW, not next year or the year after that!



Sure Sony still have some problems. If you read the financial report you can see that a writedown of goodwill by 1.6 billion for mobile devices is inclouded in the 1,2 billion loss ini q2 2014. The interesting part is if Sony can turn its mobile devices division abound. The result for q2 was better than expected since the writedown of goodwill was announced before the q2 2014 result.

Interesting that this article is using vgc chartz :) , made the article less serious.

XBOX TROUNCED

Sony's shrinking slice of the smartphone market is in stark contrast to its dominance in game consoles, where its PlayStation 4 has trounced the Xbox One made by closest rival Microsoft Corp (MSFT.O) and has broken even within only a year of its release, a feat its predecessor achieved in four years.

Sony increased its annual operating profit forecast for the gaming unit by 40 percent to 35 billion yen after selling 3.3 million PlayStation 4 consoles in its second quarter. By Oct. 18 it had sold 12.3 million consoles, against 6.1 million Xbox One sales, according to market research website VG Chartz.


http://in.reuters.com/article/2014/10/31/sony-results-idINKBN0IK0O120141031