5 Reasons The PlayStation is Toast

[Mr Khan]

jayson1 said:
Ya right this article is ridiculous sony as a corporation has alot of assets. There number one business is PSN it is a cash cow for them. Why in the hell would they aquire Gakai or whatever its called for cloud gaming if there hurting so bad. Again Sony is a huge corporation with alot of reserve assets and cash. Im not saying the Vita not doing well is hurting them right now. Remember they have made alot of money off of PS2 sales which is still selling well in 3rd world markets.PSP has also done well. PS3 will sell like hotcakes when the new slim comes out. Remember Sony is global not just United states. There entrenched worldwide people tend to forget that.Also Vita means "life" in code. PS4 codename "Orbis" means circle. Hence" Circle of life". Sony has big plans for PS4 it is how they deliver and what they deliver that will count.

Sony is burdened with a fair bit of debt, and their bonds are junk-rated. Their financial turmoil is unescapable, and is a problem bigger than the PS brand's success could solve.