NJ5 on 27 November 2008
While you guys mention a 10% drop of the dollar, there's something much worse going on. A 25% drop of the euro and larger drops for other currencies. The average drop is more like 20%.
Forget the gaming division. If Sony as a whole can pull a profit this quarter, it will be magical. Being generous and not taking lower sales into account, my numbers show a loss of at least $1.5 billion (of which at least $250 million will be in the gaming division). It could go up to $3 billion depending on how much they hedged currencies and some unknown factors.
The same method accurately predicted their Q2 drop in profits. I can post the calculations if anyone's interested.
My Mario Kart Wii friend code: 2707-1866-0957
