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Forums - Gaming Discussion - Sony is in big trouble right now.

Some of you may not know me but I'm quite knowledgable in economic analysis. I'm a Playstation follower for some years now.

Yesterday I was just doing some work with charts and I saw Sony's situation and... Wow. Sony is in deep, deep trouble. That's not even a forsee, that's happening right now.

Let's just see : http://ycharts.com/companies/SNE

It's all quite complicate information but I'll translate some for you :

- Sony have no more cash. But really, they are even at loss with -64 million dollars. For a small comparison they had 4 BILLION past year. Just for comparison, Microsoft have 7000 billion in free cash, Apple 1000 billion, Google 4000 billion, Nintendo something like 3 Billion (not very reliable information on it)

- The value of the company has drop from 34 billion, to approx 24 billion in less than one year, wich could be translated as : Sony has less than one year and a half to get their shit up before someone buy them for less than 10 Billion. Shit just got real.

- Stock is 20 dollars. Wich is really, really LOW. Even in split times.

Never liked those doom thread, but Sony is in really, really deep shit right now. Sony is almost bankroute people.



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Can't they just downsize and sell the least profitable divisions to stay afloat?



Shit, I thought they were on top of the world. 



Sigs are dumb. And so are you!

Of course they are, especially now after Japan went into recession. Abe and the Japanese government can't save them anymore.

Its all over!



They have 5.6 billion in cash as of last quarter

They made an operating profit

Their Mobile divison loss was an impairment of goodwill aka not actual money

http://www.sony.net/SonyInfo/IR/financial/fr/14q2_sony.pdf


/thread



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Playstation in the hands of Google or Amazon or Apple would be game over for MS. The chances of them ever making their billions back would be gone.



Kerotan said:
Playstation in the hands of Google or Amazon or Apple would be game over for MS. The chances of them ever making their billions back would be gone.

It would destroy PlayStation for me though...



Not like it hasn't been posted before already but a lot of the stuff you posted is wrong.



Kerotan said:
Playstation in the hands of Google or Amazon or Apple would be game over for MS. The chances of them ever making their billions back would be gone.


What about Playstation in the hands of MS? What kind of Game Over would that be?



Munkeh111 said:
Kerotan said:
Playstation in the hands of Google or Amazon or Apple would be game over for MS. The chances of them ever making their billions back would be gone.

It would destroy PlayStation for me though...


why? if they kept all the PLaystation guys on it would benefit even more. They would be able to invest more in games development that Sony could ever dream of. Plus MS couldn't afford to buy 3rd party exclusives.