| larry said: have you been actually following anything?????? initially analysts predicted that SONY would not any profit at all . They went on to beat that prediction and made 1.7 billion dollars as profit. 1.1 actually which is the net income. MS doesnot have a bigger shareholder's equity than Sony. SONY's stocks are at an all time high at 52.17 http://www.investorguide.com/stock-charts.cgi?ticker=SNE Casino Royale alone earned Sony 400 + million dollars. http://www.boxofficemojo.com/movies/?id=jamesbond21.htm
Sony's film division has yet to produce a flop since late 2005. Ghostrider and Pursuit of Happiness have also earned around 300million for Sony. http://www.boxofficemojo.com/movies/?id=pursuitofhappyness.htm http://www.boxofficemojo.com/movies/?id=ghostrider.htm Bravia is the no1 selling HD tv in the World http://www.sony.co.id/news.htm,152 Spiderman 3 alone would earn Sony atleast 500 million dollars. ps3 beats x360 6:1 in Japan. In Europe it beats even the Wii. The only console which is a failure is xbox 360. It has yet to reach the 10 million mark. It sells 4k in England and 3k in Japan per week ..lol. ps3 did quite well in March in NA because of Motorstorm , and God of war 2 might have already surpassed the 2m mark. With games like Lair, Heavenly Sword, Ratchet and clank, MGS 4, devil may cry 4 ps3 would take total control by the end of 2007.
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you shouldn't RUSH to judgment. more important, you're missing my point. i'm not even saying that sony is losing money, sheesh.
-- 1.1 bln is for 2006. last quarter was considerably better--thanks to electronics.
i did say that sony's bottom line is improving thanks to electronics, which was unexpected. with the booming flat panel market, sony should continue to see strong performance from that division.
stock-wise, sony's stock has seen MUCH better days. besides, it's market cap that counts, not the share price. if $52 is the all time high for its share price, so what. there's been splits.
i'm not even arguing against ps3--i'm merely arguing that should things not align in sony's way in the other divisions, which i said is unlikely, though more likely than microsoft, bad things can happen to ps3.
nintendo has obviously the largest risk, but that's another issue.
please, get the other person's point before you post. don't just post because you see a couple of points you feel like attacking and ignore the big picture.
the Wii is an epidemic.
