Is Sony in serious trouble? Talk of closing factories, further shortfalls

[ssj12]

Dinomax said:

ssj12 said:
It is because capitalism is at the bottom of its cycle. With gas prices falling and the holidays coming sooner Sony's sales will increase. Sony ended rear-projection TV manufacturing due to LCD TV manufacturing being cheaper and being the better sellers in the market. Once the economy picks back up thing will be back to normal.

 

So why is Nintendo still selling just fine? 

Oh I forgot, before the economy crises Sony was selling billions of PS3 with free unicorns.  Damn economy...and Wii fit.

 

 

ummm Nintendo's stocks took a massive hit too. You obviously never took a basic economics class. Nintendo's console is still in demand, Nintendo still hasnt filled the demand with supply yet. So even with a shaky economy Nintendo can do well due to cheaper games and a cheap console that is in demand.

Video games are something that while not greatly effected is effected by the economy. Sony's console while a better vaue is considered but might not be purchased due to price tag. Meaning the Wii or 360 gets the sale or the person waits a few more weeks and gets the PS3. If the economy was like it was a year ago the PS3 would instantly have sold if said person wanted it.

Sony;s other ventures, are also taking a hit because electronics in general are not a needed thing. Food, water, shelter are the thing thats on everyone's mind. Buying any form of electronic entertainment device or electronic device in general comes in second due to cost versus need.

The same can be said about Microsoft, do you really think someone who can barely afford food will buy a new PC with a windows OS, an xbox 360, or a Zune? the answer is NO.