Quantcast
Sony on track to lose 2.1 billion dollars

Forums - Sony Discussion - Sony on track to lose 2.1 billion dollars



Around the Network
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.

I know this comment was made in jest but you still have to wonder how long Sony's current strategy will be sustainable.

In March of 2014 Sony had $9.3B USD(1,046,466M yen) in Cash deposits and six months later it's been reduced to $5.4B USD (610,509M yen).

So where did that $3.9 Billion USD (435,957M yen) of their Cash go?

About half ($1.9B USD / 212,869M yen) was spent to build up inventories.

So if they had to spend that much more every year on inventories, and if they didn't add to their cash deposits, then their cash would be gone in 3 years.

source - Sony



Wow! This company sure knows how to lose money year after year loll

They really need to get it together cause its like, First it was PC, then it was TV and now mobile... Its almost like they are just simply moving the issues from one division to another. Hopefully, whatever Kaz has planed will take into affect soon but we have also been saying that for years



             

                               Anime: Haruhi                                                                                      Anime: Love Live
                              Nsfw Anime Thread                                                                             Join our Anime Threads!
                             Sfw Anime Thread                                                                                VGC Tutorial Thread

foxtail said:
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.

I know this comment was made in jest but you still have to wonder how long Sony's current strategy will be sustainable.

In March of 2014 Sony had $9.3B USD(1,046,466M yen) in Cash deposits and six months later it's been reduced to $5.4B USD (610,509M yen).

So where did that $3.9 Billion USD (435,957M yen) of their Cash go?

About half ($1.9B USD / 212,869M yen) was spent to build up inventories.

So if they had to spend that much more every year on inventories, and if they didn't add to their cash deposits, then their cash would be gone in 3 years.

source - Sony

Its also wrong.  They sold a building this quarter too for 52.8bn yen....

 

 



I'm not really here!

Link: Shipment History Since 1995


Damn, maybe i shouldn't buy a PS4 as planned



Switch friend-code: 6700-1526-7903

PSN: melbye82

Around the Network
kowenicki said:

Its also wrong.  They sold a building this quarter too for 52.8bn yen....

The best news of those announcements is that OLED will live with the formation of the new company - "JOLED Inc."

Also with Sony and Panasonic having smaller investments in the company (and big partners) they're also reducing their risk.

And while they state that they'll start with smaller screens I hope one goal is to progress the future viability of OLED TVs as well.

JOLED (Japan OLED) was established in August 2014 (but will begin operations in January 2015) by Japan Display, Sony and Panasonic with an aim to become an OLED medium display producer (focusing at first on OLEDs for tablets, laptops and signage).

JOLED will receive and investment from the Innovation Network Corporation of Japan, a public-private investment fund. INCJ will hold 70% in the new company, JDI will hold 20% and Sony and Panasonic will each own 5%. The company reportedly will mainly use Sony's WRGB OLED technologies, but it will also develop Panasonic's printing technology and attempt to produce flexible OLEDs - source



foxtail said:
kowenicki said:

Its also wrong.  They sold a building this quarter too for 52.8bn yen....

The best news of those announcements is that OLED will live with the formation of the new company - "JOLED Inc."

 


I thpught you were joking and making a refrence to Joel from the Last of Us LOL!



Kerotan said:
foxtail said:

The best news of those announcements is that OLED will live with the formation of the new company - "JOLED Inc."


I thpught you were joking and making a refrence to Joel from the Last of Us LOL!

My prognosis is phonological dyslexia¹ 

¹ In Phonological Dyslexia, a person has difficulty in converting letters to their sounds. They can read words that are already familiar to them, but have trouble reading unfamiliar or novel words.  They also have difficulty in reading a nonword such as, "tord." They may misread this nonword as a real word that looks similar.  They sometime also misread actual words as other ones that look similar. The word, "shut" may pose this particular problem, much to a listener's dismay.

 

 ..or you've just been playing too much of The Last of Us lately. 



that's why it's always good to have a backup console.