MikeB said:
NJ5 said:
perpride said:
psrock said:
NJ5 said: I can't decide which of MikeB's predictions is funnier:
- that the PS3 will sell 15 million on average for the next 7 years, or... - that the 360 will only sell 15 million more until it stops selling
I think together they're better than the sum of the two parts.
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or the fact you thought Sony could not drop their price by $100 or they'd go Bankrupt.
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NJ5 - If I remember correctly, you and I had an argument at the beginning of the recession about whether Sony would go bankrupt or not. Here's my quote from that "Hasn't Sony survived every other economic downturn since the 1940's?".
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I don't think you remember correctly... I have talked about the possibility of a Sony bankruptcy (depending on the extent of the recession and how quickly Sony can restructure), but I don't remember ever predicting they would actually go bankrupt.
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IMO there was no chance at all for this to happen within the middle-long term, they have too many assets (they could sell).
In a worst case disaster scenario, Sony could also cut 100,000 (more people than Microsoft ever employed) from its workforce (cutting out many billons in annual costs) and for example kill R&D investments.
Any such talk seems so very strange to me and smells like wishful thinking to me.
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It may be saddening to know to some, but Sony owns a lot more assets than Microsoft does. In fact selling some assets, they could easily hand out 100 million free PS3s without coming close to bankrupting...