.......and now we're not going to take you seriously when it comes to your economic analysis skills.
Sony's been in deeper water few years back and are slowly making some progress but none the less they are still in trouble, but just not the way you put it.
Ka-pi96 said:
Really low when compared to what? Compared to the times in 2012 when it was below 10 dollars maybe? So... they've doubled their stock price in the last 2 years? |
Yeah, they might've doubled their stock price, but is that really impressive if the stock price is low anyway?
Ka-pi96 said:
Considering the OP is trying to make it look like it's the worst it's ever been... |
True that.
Sony is bancrupt. That should be well known since at least two years. Rating agencys already gave Sony "junk-status" a while ago. Nothing could and will save this company. Even the gaming division has no change of surviving because it based heavily on other divisions and could not survive on its own.
The only interesting questions remains: Who will buy the playstation brand. Microsoft, Apple, amazon, Nintendo or a new player?
| Wright said: Can't they just downsize and sell the least profitable divisions to stay afloat? |
Sony did this since a few years. Sold PC-division, TV-division, even sold main headquarter in Japan and laid off thousands of employes.
The problem is: I did nothing, it improved the financial results for one quarter but in the next quarter they made even more loss.
| z101 said: Sony is bancrupt. That should be well known since at least two years. Even the rating already gave Sony "junk-status" two years ago. Nothing could and will save this company. Even the gaming division has no change of surviving because it based heavily on other divisions and could not survive on its own. The only interesting questions remains: Who will buy the playstation brand. Microsoft, Apple, amazon, Nintendo or a new player?
Sony did this since a few years. Sold PC-division, TV-division, even sold main headquarter in Japan and laid off thousands of employes. The problem is: I did nothing, it improved the financial results for one quarter but in the next quarter they made even more loss. |
When did they go bankrupt?
The absence of evidence is NOT the evidence of absence...
PSN: StlUzumaki23
| Kerotan said: obviously I hope Sony the best but I wouldn't mind seeing a true powerhouse like Samsung, Apple, Google or Amazon take on the PS brand. Sony is ruling the roost already but the possibilities with someone with such pockets are endless. |
Why would Sony ever ditch one of their most profitable divisions though? At best, Sony will keep selling the problematic divisions like they did with Vaio but not ditching the ones that gives them food. The thing we may see in a very distant future is like Sony = gaming and nothing else as long as PS makes money of course.
horribly high priced tvs and electronics bc it has your name on it doesnt help. idk if they know that in japan yet or not.
Teeqoz said:
|
Nah.
http://gizmodo.com/5995301/how-much-money-is-there-on-earth
Ka-pi96 said:
They didn't. Some people just like to hate... |
Oh I know they didn't I was jsut waitng to see what the response would be lol.
The absence of evidence is NOT the evidence of absence...
PSN: StlUzumaki23
| Sleepyprince said: 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. |
That's not how it fully works, and also you are forgetting that Japan as a whole has massive economic problems which will be impacting Sony. Yes, they need to sort out their crappy divisions/drop dead weight, but I would doubt Japans government wouldn't bail Sony out of bankruptcy or a buyout - Just look at GM and all of those companies that are "too big to fail".
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