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

[richardhutnik]

Soundwave said:

CCFanboy said:
Bankrupt? lol. Most likely cut several divisions where they need to. Lets post logic here. Not live in some fantasy world.

That massive debt doesn't just magically go away if they shut down some divisions. 

Bankruptcy also doesn't necessarily mean liquidation and going out of business.  What it does mean is having the courts dismiss your debt.  There will be reorganization.  What would end up happening, if bankruptcy went through, is Sony would end up cutting several divisions and reorganizing, coming out more streamlined.  

Personally, I am aware on this, but I would rather not think on it.  Considering the state of the videogame industry and losses now, I could see Sony going bankrupt could have a smaller effect than what happen when Atari reported record losses back in the day and got spun off by Time-Warner.  I see a mini version of the crash of the 1980s, so I don't want to thijnk of it.