Sony Restructuring Saving $3 Billion

[TheSteve]

NJ5 said:

Taz! said:

NJ5 said:
They lost $1.7 billion in the last quarter... you do the math.

Im guessing then that without these saving measures, Sony really would of went bankrupt, literally....

These savings are for the fiscal year which just started, they don't affect last quarter's numbers.

 

However, if you look at them losing more than half that per quarter, saving it in a year leaves them still in the hole by almost $4billion, if we were just extrapolating.

As to what this looks like to analysts, with Activision/Blizzard talking about pulling support from Sony platforms, I would think it's not exactly a positive.