SCE buys Gaikai, Sony make first move into Streaming Games

[DirtyP2002]

Icy-Zone said:

Flanneryaug said:
I think this is a pretty bad decision by Sony. A company that lost 6 billion last year shouldn't be spending 380 million on unnecessary tech.

I heard it was 1.2 billion. These are some comments from n4g members. Apparently sony's still ballin'.

Mikhail  +   2h ago

Deficit in the balance sheet is different from net loss in the income statement. Just google those to know the difference

#20.2 Agree(12) | Disagree(0) | Report | Reply

LNDCalling  +   1h ago

For a company purported by many to be in financial difficulty they aren't half flashing the cash!

In 2012:-

USD 1,000,000,000 (Invested in camera image sensor production)
USD 623,000,000 (Invested in Olympus)
USD 380,000,000 (To acquire Gaikai)
USD 2,200,000,000 (EMI - as 50/50 JV assume circa USD1bn from Sony)
USD ??? (Sony and Panasonic OLED TV joint venture)

And late 2011:-

USD 1,470,000,000 (To acquire Ericsson)

And these are just a few of their recent investments / acquisitions.

Back on topic, I think this is a good move in all sorts of ways especially if implemented correctly and one that could send shockwaves through the industry depending what they do with it… interesting times!

 

Never ever trust N4G comments. I just troll there and see what happens.

Look at the way N4G responded to my comment and look how neogaf or VGC responded to the fact that SCE lost 1.2 billion last year.