Sony Q4 and FY 2011 : PS3 1.9m shipped - PSV 1.8m lifetime.

[logic56]

kowenicki said:

logic56 said:

kowenicki said:

Not sure everyone is aware of the last 12 months financial shenanigans...

A year ago Sony projected a profit for this year of $963m

By Jun 2011 they revised to a loss of $1.12bn

By Feb 2012 they revised to a loss of $2.76bn

In April 2012 this was revised to a $6.4bn loss

 

Thats weird.

it's not weird at all, they didn't expect the yen/euro situation which effected almost all companies in Japan and no one could foresee the tsunami, and the last revision was writing off the tax credit that they lost

All of these forecasts are post the Tsunami...  and the yen/dollar and yen/euro was known and actually improved from Feb 2012 to April 2012... so why did the forecast loss double in just 8 weeks.

I'm sorry, but that displays a worryingly bad handle on things....

Exactly, they just had to write a 4 billion tax credit off as a loss, the exchange rate improving is whats going to help them later, after the restructing is done, but they still have to post these losses

this isn't that hard for you kowen, c'mon man