Sony on the brink of corporate upheaval, drastic changes

[johnsobas]

madskillz said:

Grampy said:

Spankey said:

"The most important thing is that, to improve organizational strength in the areas of development, purchasing and marketing, it will be necessary to further concentrate power in the hands of [Sir Howard] and unless this is achieved we believe [Sony] will be unable to close the gap with competitors such as Apple and Nintendo."

Strange they mention Apple and Nintendo by name...but not MS?

Apple making a home console confirmed?

Anyway, back on topic, We'll just have to wat till the Sony q3 results and statements on 29 Jan to find out the truth.

Also, for Sony gaming division to pull back from -$1.5 billion to just -$500mil in a mere 2 quarters isn't that bad, is it? still got another 4 months to pull back to the black.

Two possible reasons
1: improved or not, it's still their biggest loser and frankly an embarassment since its a constantreminder of lost position. Being third where you once lead and the publicity about it don't polish the corporate image.

2. investers are demanding MAJOR change. Slaughtering the most sacred cow sends a clear signal that everything is on the table. Everyone thought that the father of the Playstation was untouchable......

 

This. Every PSbot is talking about how the Entertainment, especially the PS3 is safe - and I can't help but ask - have any of you even worked for a bizness? If you don't move products, you don't make money and you have to let workers go. Investors and stockholders call the shots, not the company. They are the ones who have suck money into the company. They are assured of a return of some type - or warned that the profit is not coming right now or soon. When are the investors going to say 'Enough is enough?' How much longer are they going to ride the 'Profit's coming' train? What other products out there - with two generations of success - lands in 3rd place - and almost 3 years later - is still holding down 3rd place? And to think - the investors will keep holding on? Nah ... if giants like AIG, Fannie Mac and other companies can fail for bankruptcy and/or close, what is so precious about the PS brand that Sony investors won't say 'Cut our losses and let's start again?'

Just sayin' ...

 

it's not safe from layoffs and cutbacks but it's certainly safe from being discontinued.  Most of the losses have already been taken, starting today until the ps3 dies it will make a profit though so it doesn't make sense to kill it off now.