| goforgold said: anybody know how bad Sony is going to be?? damn that yn is a bitch, what are the solutions for this if any ? |
There is a solution but you're not going to like it. Ignore America, focus on market expansion in other territories. In addition, hold more foreign currency.
The fact is nobody believes that the US is going to be as great as it once was anymore. Eg > http://priceofoil.org/2009/10/06/oil-traders-to-ditch-the-dollar/
“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.
