Nsanity on 02 November 2011
| Hyruken said: Great shipment numbers but as a whole the company is in deep shit. Going from forecasting profit to then losing over a billion does not make investors confident. Shares down another 6% already. What i think is more worrying is that they are now strugling to pay back its debts. Obviously if you post consecutive billion loses then that money has to come from somewhere. It has to be paid. Right now would be the best time for someone to buy them out. The sad thing is you can only see it getting worse. Especially if vita bombs. Look what happened to Nintendos numbers after a failed handheld launch. If that happens to Sony then they will be in dire straits. So great numbers but to put it into context for the 15m ps3s sold this year Sony lost as a company a million for each sold. They are losing over 3m a day. No company can keep going that way before it hits the fan. |
Pretty much.
