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rf40928 on 29 July 2010
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BigBoobieHead said:
rf40928 said:

Economy huh ? 

Every year Forbes ranks companies by their worth.   Last year (2009) Sony market rank was #82, they have dropped to #421 in 2010!   Most of their divisions are IN THE RED.. Yes that means a loss !! In the same time Microsoft was #49 (2009) , and they are .. still #49 (2010) !!   They gross revenue is mostly equal to Microsofts, but they evidentally have much more loss !!   In the last 12 months Sony net income( money in the bank) was a mere 140K US dollars versus 18Million for Microsoft.

Sony's computer and PS3 division operated at a loss this year of 87 billion.. actually all division of Sony were bailed out by Sony's Financial Services Division, which was the only division to make any real money. ** referenced in this informative article** 

  http://247wallst.com/2010/05/13/sony-earnings-and-prospects-still-dismal-time-to-break-it-up/ 

 

You know so little. You think Sony did bad, check out other Japanese electronic multinationals.

Who is going to be worse off in a recession?

- A JAPANESE ELECTRONICS maker that charges HIGH PRICES and has fierce COMPETITION

- An AMERICAN SOFTWARE company than has LITTLE competiton

MS will always blow Sony away in net profit, because they make software and have basically no real competition - they're margins are unreal.

Sony, despite being worse off, still has:

  • A ton more assets (which are sellable if needed)
  • A bigger workforce
  • More annual customers
  • A much more diversified product range and mix
  • More revenue

See how spin can work?

Bottom line is that Sony have came through this recession without significant loss, are now making profit, have better thinking and are restructured for the future.

MS have just continued as MS - doing awesome but not making it really in the electronics world. MS are unstoppable until Windows comes under serious competiton, of ever.

You're the only one with a "spin".. you must work for Sony and you have to post here..here's from Forbes financial for the world and you to see .. REAL Numbers..

Sony DOESNT HAVE more assets, even worse Microsoft has not only more in assets, but they have TONS more real cash sitting in th bank.

Sony assets here:

http://finapps.forbes.com/finapps/jsp/finance/compinfo/FinancialIndustrial.jsp?tkr=SNE&period=qtr

Microsoft Assets here:

http://finapps.forbes.com/finapps/jsp/finance/compinfo/FinancialIndustrial.jsp?tkr=MSFT&period=qtr