Forbes: Sony is Screwed...Is this article accurate?

[alephnull]

NJ5 said:

alephnull said:

NJ5 said:

alephnull said:
Canon's earnings also look to disappoint

Are they expected to post a profit? I've looked over Panasonic some time ago and they looked slightly less vulnerable than Sony, but not that different (better profit margins but I don't remember much about the cash/debt situation).

 

 

Matsushita's finances are make Sony's look straightforward. Which holding companies do you look at?

I think I looked at a few of the latest quarterly reports that time.

What about this link? I believe it's for the whole corp.

http://finance.google.com/finance?fstype=bi&q=NYSE:PC

Their revenue seems similar to Sony, PC's profit is higher, cash base is not very different but PC has less debt.

 

Well I guess they officially changed their name to Panasonic in October, however Matsushita Communication, Matsushita Kotobuki Electronic, etc which are all companies in the "Panasonic Group" I think, have not changed their names just to make things more confusing. Anyways, the problem with just looking at PC's finances is that it doesn't account for debt in companies it holds. Sony stock holders have this same problem (in a bad way) with Sony-Erikson.