Sony downgraded to BBB- by Fitch

[DirtyP2002]

gamelover2000 said:

Squilliam said:
So now they are at risk of being downgraded to junk status. I don't understand why they cut the price of the PS3 in the context of such losses.

Because the major losses are not related to the PS3.

 

Neither is BBB a junk status.. it's nothing to be proud of but nowadays credit ratings mean very little.. they were never really relevant for anything but countries

hahahahahaha

ratings do not matter? Awesome. I worked in a bank for 3 years and believe me. They do matter. Big time.