Sony's chances of going bankrupt in the next two years

[HappySqurriel]

I think they will file for bankruptcy protection, and they will emerge as a stronger company because of it (at least in terms of gaming) ...

Look at the PS-Vita. At the moment it is struggling and it could benefit from a price cut and substantial money invested in exclusive game development but in their current financial shape Sony can't afford to do anything; and they seem to be waiting until production costs fall to a level where they can justify a price cut. Having abysmal sales for 18 to 24 months before you do anything about it is not a good strategy for having a successful platform.

Looking into the future, Sony probably can't afford much in the way of initial losses from the platform and may need to take a page out of Nintendo's book and sell the PS4 at a price where it is profitable with 1 or 2 game sales. This is a major departure for Sony, and the question becomes whether Sony will be releasing a system with modest processing power at an affordable price, or will Sony be releasing a powerful system at a premium price?

Realistically, neither seems like it would be that popular with Sony's audience.

If their debt is restructured, and Sony can eliminate unprofitable divisions, they could probably be much more agressive with their strategies; and this would likely make them more competitive in their gaming division.

Unfortunately, if they wait too long to go into bankruptcy protection the Playstation division might be one of the divisions on the block. If they can't "fix" the PS-Vita, and the PS4 sells at a similar rate, I can't help but think that their Gaming division could be seen as something that loses a lot of money and doesn't really bring in much benefit anymore.