Sony Cuts PlayStation 3 Production Cost 35% in Push for Profit

[Aiemond]

Smashed said:

dolemit3 said:
A 69% drop in the stock price in just one year is BIG. Can Sony really recover now?

 

I'm sick of these posts.. You guy's make it seem like Sony has NO chance at all. Which is very untrue.

 

Eh, Sony's stock is dropping for reasons beyond the PS3, but if you say that the company is healthy you are only deluding yourself. Sony has ALOT of restructuring to do before it can make any sort of comeback. But, Nintendo's stock fell too, so alot fo this might just have to do with the shakiness of the markets.

 

But, looking at the financials of the companies, and the actions they are taking, it is obvious that Sony is in a bad position.