Jereel Hunter on 15 August 2012
| kumagawa said: Q2 2012 Sony financial results Profit/(Loss) - ($312 million) Cash - $8.330 billion Total Assets - $166.215 billion Debt – $9.943 billion YES SONY HAS $166 BILLION IN ASSETS THAT'S $40 BILLION MORE THAN MICROSOFT! |
Sony's "assets" mean less than you realize. They have a certain value, but they could not pull in a fraction of that were they to try to sell them.
As of right, Sony's Market Cap is $11.32B Somehow the company as a whole is worth only 7% of it's own assets? Why? Because all of these assets are churning out products that lose money. Will people want to buy factories that produce overpriced TV's? In theory, if they had a true $166 Billion in assets, a company could easily buy them out at that value (MS or apple could do it in cash) and break them up, and sell the pieces... Unfortunately a company like Sony is worth much less than the sum of it's parts.
