Sony falls to a new 30 YEAR low. Markets just dont believe them.

[DirtyP2002]

justinian said:

Millenium said:

justinian said:

Aren't Sony's total assets about US$165bn? Regardless of the current state of their stock value.

152.77bn I believe, but I'll have to check to be sure.

So are these assets factor into the overall value of the company?

I just don't get how MS can make more profit in a year than Sony is worth. Is that just idiot talk or am I missing something?

look at it this way:

There are different ways to measure how much a company is worth. The most common one is the market cap, which is the money you have to spend to buy all the shares of a company (theoretically speaking, because people have to sell them before, your buy-out would increase the price etc etc). And you need 14 bn USD for all the Sony shares. MS made 17 billion profit in the past 9 months. So yeah, actually MS could buy Sony just using the profits of the past 7 months.