No matter what the trends seem to show when looking at the graph, the environment isn't good for Sony or even the gaming division. PS2 sales are declining fast, the Yen is still much stronger than in previous quarters. The only thing which is improving are PS3 software sales and a smaller PS3 hardware loss. This cannot cover a 10-20% decrease in revenue due to the strong Yen, much less the declining PS2 sales. For Sony as a whole, we have the Yen issue again and a considerable drop in electronics sales.
Regarding the "Ouch": The press is going to keep pounding Sony for the foreseeable future. Sony hasn't even posted their financial results yet, which are poised to be ugly according to reasonable calculations backed by Sony's information given to investors and recent analyst sentiment. I mean ugly as in a multi-billion dollar loss.
Come January 31 (Q3 financial results day), all hell will break loose. January will see a few of these "doom" articles, especially if Sony announces more layoffs/cost cutting, but nothing compared to February. If you're a sensitive Sony fan, hunker down and brace for impact.
My Mario Kart Wii friend code: 2707-1866-0957
