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FilaBrasileiro on 12 January 2009
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Demotruk said:
FilaBrasileiro said:

If the Yen keeps dropping they'll go bankrupt no matter what, and they won't be the only Japanese company to go bankrupt either if that were to happen.

 

Huh? It's the high Yen that's hurting them, a drop in the Yen would provide relief for Sony.

And no, recessions kill companies with bad business models and companies that are being disrupted. Healthy companies survive recessions and take over the assets of the failed company afterwards. That's why I'm predicting Nintendo buying a sony owned studio in my sig.

Healthy companies like Nintendo and Toyota will suffer, but not die. Sony will have to get healthy quick to avoid bankrupcy.

 

What I meant is dropping against the dollar, i.e. going from 110 to 89, but yeah I guess rising would be the correct term, I stand correct.

 

And you cannot guarantee anything in this recession, Nintendo and Toyota might go bankrupt as well, Nintendo could probably avoid it by raising the Wii price though seeing as how well it is selling, but Toyota is already feeling the effects of this economy.