BengaBenga on 29 July 2008
| alephnull said: I suspect that the current management of SCEI exaggerated losses for FY07 to make themselves look better. Such losses would have been the fault of the previous management, and any surprise on the upside will be a consequence of their superior helmsmanship. This is pretty much standard practice. So the question becomes, were they able to massage the numbers enough. How much do they actually need to surprise on the upside for this quarter? They might even be able pin any losses on the deteriorating global economy ala sony-erikson, but I doubt it. |
You could have had a point, if it wasn't for the fact that SCE is not a company, but a division of Sony. Sony's CEO has clearly stated that he was unhappy with the losses. I think he would have done a lot to make the losses diisapear. Remember that SCE lost 1.2 billion on the total operating income of 3.3 billion for Sony.
.
