Looks like when things go bad, they REALLY go bad!  I knew Sony was in some trouble but by the sounds of this they could be worse off than even I thought.  I really don't like the idea of a Sonyless console market. :(

http://kotaku.com/5123292/sony-to-close-major-divisions-next-month

Times are tough all over right now, but times areespecially tough at Sony. They've only just announced plans to axe thousands of employees, and already The Times reckon things are about to get worse.

While Sony are all "no we're not" on the speculation/leak, The Times insist that next month, Sony will not only announce the closure of several factories in Japan, but will go so far as to shut down some of their "major divisions".

That's where our interest is piqued. Sony only have a few "major divisions", and the money-leaking PlayStation group is one of them. And while it's hard to imagine Sony pulling the plug on one of the most famous brands this industry has ever seen, it's equally hard to imagine them pulling out of televisions or digital cameras, either.

Anyway, Sony aren't commenting, and we've got three weeks to see how this pans out. Stay. Tuned.

http://www.bloomberg.com/apps/news?pid=20601101&sid=a1mZmhQiWnb4&refer=japan

Sony is denying it, but you know what they say, "don't believe something until it's been officially denied".

I'm not passing comment on what I think will happen to Sony, I do find the Fans/Fanboys on this site stating "Sony will be fine" ect funny though ... they don't even have anything to back it up with. Sony ARE in trouble.

I don't think the Playstation Division will be the first in line. However with such big problems it's inevitable that they also have to cut costs.

The Times is obviously in the pocket of microsoft, it's all lies!

lol i highly dout it

This is bad news, I don't think Playstation will recieve the axe first. But unless sony does something and something good very fast, playstation's future looks very. Very grim.

I have to agree with you 100%.  This is not just another news outlet jumping on the kick sony while they are down.  The playstation division is where most of the losses come from for Sony, so I would imagine at the very least there will be some shit hitting the fan there.  I wouldn't go as far as saying the PS3 is done for, but if things don't turn around soon it may very well be lights out.

We're already discussing this in fishyjoe's thread.

http://www.vgchartz.com/forum/thread.php?id=55541

But I see this will be like the November NPD article that kept on floating around, and will be re-posted, as every single news outlet catches on to this story.

Is that all you got? Thats precisely what I'm talking about ... you havn't got a clue whats going to happen you just hope (which translates into what you think) will happen.