@Chark. That's honestly sad, it makes me sad that we can't just avoid that kind of thing, on all sides (haters and over-sensitive ones).
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kowenicki said: I agree hat can happen, but it hadn't until they came in. They caused it. Perhaps that's what they want to derail and hope it gets closed.
Anyhow. they reall didn't have other options. As I said earlier its hi sins choice. They already did a large bond issue late last year (which shocked a few people) and their credit rating is such that any new borrowing would probably be relatively expensive. Not to mention hey already a have significant ongoing debt to service. So yes it is a move they had to undertake rather than one they would want to IMO. That is not to say it may not prove beneficial, it may well do so long as sales revenues follow in the coming 12 months. The point is if that If they don't and they are here again in a years time, what then? |
I agree and I think that's a very good point. As good a move this is, as much as it's a one-shot deal. If they are in this situation again they will not have this card to play and will be in serious trouble. In essence this move is not only their only resort atm (imho), but a play-once card that is something Sony must be betting on pretty hard right now.
The crux is that when you are such a huge operating business that you can't sacrifice one segment easily to focus on the benefits of another (for fear of losing momentum, infrastructure, opportunity), Sony would have a very hard time putting more risky divisions on pause and focus only on its certainly lucrative ones (was it life insurance?). The Playstation 3 has been a source of revenue for them on the long run I believe, but the playstation business is a risky one I don't think anyone can deny that. As much as they want to stay in it, they can't get rid of it either even if they wanted to, it's a bit of an Achiles heel.
