Sony should sit the next generation out!

[alanshearer]

eggs2see said:

leo-j said:
LOL I didn't even know sony HAD 78 BILLION.

They don't have to actually have 78 billion sitting in a bank somewhere, that's not how business's operate.  Business's operate on credit and debt.  They get credit from banks, supplier's, etc.  And accrue debt that they can pay off over a period of time. It's not uncommon for large company's to have debt not paid for 6 months.  As long as they are making more money then they are accruing in debt applied over a financial year then they are all good.  But if a company starts having higher debts then they are making then that is when they start slashing personnel and re organising the company.

If Sony had lost 78billion they would be bankrupt. Whats hurt them these last 18  months is the recession and fearful currency exchanges. On the losses they took if repeated every year they would still be here in thirty years. Sorry to say for you.