As bad as it get's really. I imagine shares will tank further today too when the Tokyo stock problem is sorted out (convenient it goes down for the first time in six years soon as Sony announce numbers isn't it?).
The main problem for Sony though is that they don't have an endless pit of money. People on here seem to think you can post 4 years of heavy losses and be alright, maybe post losses for the rest of your life etc. Which isn't the case. Sony has gone from losing $1m a day now into losing over $3m a day. In financial terms that is "bleeding money". The question is how do they stop that?
The answer to that is near impossible to answer because if it was simple they would of done it by now. But what is clear is they have to dump their toxic divisions and move away from certain areas. The thing is we also don't know what impact Vita will have. They have increased their forecast losses so you have to assume it will be a negative impact.
The company is in deep deep shit. To put it into some kind of perspective Microsoft make more profit in 1 second then Sony has made for the past 4 years. That gives you an idea of the uphill battle Sony is trying to fight. Right now they are easy pickings in regards to a takeover and it has surprised me someone like Apple has not gone for them. But maybe thats because they know another two quarters like this will see their capital most likely wiped out.
