SONY rating cut again by S&P. *Update: Moodys follow suit.

[thetonestarr]

NiKKoM said:

Soundwave said:
Ouch. Tough times for Sony.

Even though Nintendo suffered that one annual loss, they have a giant pile of cash to fall back on and zero debt.

Unfortunately I think Sony is in for a very hard fight with Microsoft and Nintendo coming up.

I think the credit rating cut is more about the fight Sony has against Apple and Samsung..  they still haven't got any most have devices in mobile space which wows the consumers while they are in a perfect setup to develop one as content and hardware developer..

right, but gaming has been the one thing keeping them from getting cut sooner/further, so with gaming being a very iffy place for them right now, it's looking like things will be getting even worse for them.