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

[Jay520]

kowenicki said:

Mummelmann said:

d21lewis said:
One of the reasons why I don't think there is ever going to be a Playstation 4.

This is also why the PS3 was discontinued after three years on the market like everyone said.

OT: Hirai sure inherited an assload of hurt from his predecessors... This does not bode well at all. The gaming division will be the last to undergo cuts though, since it historically has been pretty damn lucrative and has made them a global superpower. But they sure do need a PS4 that nets them a small profit already from the beginning, they can't take another PS3 sized bleed-out.

Huh? It's already had cuts.

You mean the closure of unproductive studios?