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Train wreck on 18 January 2013
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Nem said:
Train wreck said:
naruball said:
Train wreck said:
 

Just a question, what has sony's current financial situation stopped it from doing in the last say oh 12 months?

psvita price cut?

Well according to people like him and others, with their financial situation they shouldnt have been able to :

came out with expensive bravia TVs, still releasing PC and tablets, redesigned playstations, the vita, still producing movies and selling records, still coming out with expensive SLR and HDR cameras, launching a bond phone and other smartphones, be number 4 in total us patents. im sure a company with as many trouble as it (and yes the company has multiple) would not have the working capital to any of that.


Stop sayin things completely opposite of what i told you. I stated that they have money to finance their current operations and to pay their debts for the time beeing.

If you really wish to ignore the fact that Sony's credit rating is dire and they have a huge debt go ahead. It doesnt make you right though.

I’m not ignoring those issues at all.  You and other are ignoring the fact that companies still have to be operationally running, no matter what situation they are in.

It’s not, OMG WE GOT DOWNGRADED WE HAVE TO STOP EVERYTHING AND PAY DOWN DEBT! it doesn’t work that way.  Sony still has to generate income and be more conscience on the spending and borrowing side.  They also need luck to get a breakthru product/better world economic growth that can lift sales and earnings.  Same with a stable currency.   

It would be like you securitizing Ford for making new cars.  They are still rated junk by two credit agencies and have been for 7 years, they still have a massive debt load and they still report larges losses from time to time but they have had and generally positive product mix for their cars and are now experiencing higher sales in China. With that one of the agencies, Fitch, upgraded it credit back to investment grade in April 2012.  7 years and a lot of things going right, this shit doesn't happen overnight.