PS3 price cut coming soon??

[baxter]

albionus said: jaspey said: What massive amount of debt?. AndSony will be making a profit on the hardware about June of this year. Sony debt = $11.36 billion, Cash on hand = $4.28 billion, Operating profit = $1.05 billion. That massive amount of debt. At least it's massive compared to Microsoft's debt = $0, Cash on hand = $26.4 billion, Operating proft = $11 billion and Nintendo's 0 debt with over $10 billion in cash on hand and probably $2 billion in profits (Nintendo has a more opaque financial report). I doubt Sony's ability to cut $200 in cost in just 7 months and haven't seen anything that indicates they can do it but stranger things have happened.http://finance.yahoo.com/q/ks?s=SNEhttp://finance.yahoo.com/q/ks?s=MSFT

no SONY's total debt is just 1+ billion dollars Total Debt 1,364,666 http://stocks.us.reuters.com/stocks/balanceSheet.asp?symbol=6758.T&WTmodLOC=R4-Financials-2-Balance $11.36 billion is the total liabilities(short and long term) +Shareholder's equity .....It is not the debt total assets = total liabilities + total shareholder's equity. (this is often referred as debt under accounting terms). as for long time liabilities ---they also include pension plans + other fringe benefits which are accrued over a long time period. Those are not debts. Total Equity 3,459,801 is what you have paid to shareholders or wd be paying at the end of the year. SONY's total current liquid assets is around 2.5 billion which is more than enough to pay the accrued debt. Total Common Shares Outstanding 1,001 .....when these are issued SONY wd make a huge amount of money as well. shareholders own 49% of SONY,MS and NINTENDO. you are actually messing up debt with SHAREHOLDER'S EQUITY and LONG TERM ACCRUED EXPENSES,retained earnings etc