Discussing PS4 hardware and manufacturing price

[Andrespetmonkey]

kowenicki said:

torok said:

Actually, people forget that Sony has a large cash reserve (around US$ 170 Billions). They were immensely profitable in 90's-early 2000's. They have a lot of money to burn and will do what they think that will lead to a return to profitability. If they believe that it will be a cheaper console, then it'll be this way. If thet think that it'll be a US$ 600 beast, then it'll be this way.

Anyway, I believe that they will prefer a higher mid-end aproach. Powerfull but not too expensive.

Utter garbage. Where do some of you pull this rubbish from? $170bn in cash, wtf?

Sony has about $7bn in cash, the rest is in long term investments, building, inventory and machinery. 

TOTAL assets are $161bn

TOTAL liabilities are $137bn

Not much room there any more.

So you see they dont have a lot of money to burn, infact if they repeat the last 3 years in the next 3 years (I dont think they will by the way) then they wouldnt exist any more. 

Are people this oblivious to the real situation?  A companies value doesnt just collapse for no reason. You seem to think that Sony can do what the fuck they want with zero consequenceand that they are some kind of super company.  They arent... not anywhere near.

This. 

I think a lot of people really don't comprehend just how fucked Sony's situation is.