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thranx on 29 May 2013
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S.T.A.G.E. said:
DirtyP2002 said:
S.T.A.G.E. said:
forest-spirit said:
Sell Xbox? Brilliant idea. And Sony should sell PlayStation...


The Playstation brand is helping Sony, which is why Sony dedicates so much to it. The shareholders believe in the Playstation brand. As I've said before, MS shareholders can't stand the Xbox because they believe for years its plagued the interest of the direction of the company. MS makes a business of monopolizing OS and if they aren't doing that full time the investors are not happy. They are so glad Zune is gone though, but MS wasn't even listening to them on that.


This is bs. Shareholders and investors invest in a company for one single reason: PROFIT.
Why is it that you guys always think that Sony is not all about the money?

Do you even know the major shareholders of Sony?

  1. Japan Trustee Services Bank, Ltd. (trust account) – (7.0%)
  2. Moxley and Company (depositary bank for ADRs) – (6.7%)
  3. The Master Trust Bank of Japan, Ltd. (trust account) – (5.1%)
  4. SSBT OD05 Omnibus China Treaty 808150 – (2.4%)
  5. Japan Trustee Services Bank, Ltd. (trust account 9) – (2.1%)
  6. State Street Bank and Trust Company – (1.2%)
  7. Japan Trustee Services Bank, Ltd. (trust account 1) – (1.0%)
  8. State Street Bank and Trust Company 505225 – (1.0%)
  9. Japan Trustee Services Bank, Ltd. (trust account 6) – (0.9%)
  10. Mellon Bank (for Mellon Omnibus US Pension) – (0.9%)

SSBT OD05 Omnibus China Treaty 808150 is believed to be a Chinese government-affiliated investment fund.

As you can see: Banks and investment companies own Sony. Nobody of them gives a *beeeep* about the Playstation and its fanbase.


Yes, Playstation is so irrelevant to the business that where is Kaz Hirai now in Sony corp in stature after saving the PS3? Look up the history of the Playstation, because shareholders laughed at the concept of  videogame console. The first gen changed their minds about gaming when Playstation dominated the industry and helped push spread formats allowing the market prices of said formats to be affordable to the masses, thus selling more outside the Playstation brand. The Playstation brand has been a shining light in a gloomy time for Sony as a company and its high time whether you like them or not that you realize this. Shareholders of Sony has long since accepted the Playstations place in the company and Sony is a far stretching media and technology company. Playstation fits in just fine. Its MS that are having problems with their stockholders. MS doesn't listen to them and probably never will. 

 

http://finance.yahoo.com/news/sony-bread-butter-not-electronics-005354650.html

Sony’s Bread and Butter? It’s Not Electronics

http://media.zenfs.com/284/2011/06/20/nyt-logo-106x27_043559.gif">

"

A new report from the investment banking firm Jefferies delivered a harsh assessment of Sony’s electronics business. “Electronics is its Achilles’ heel and, in our view, it is worth zero,” wrote Atul Goyal, consumer technology analyst for Jefferies, in the report, released this week.

“In our view, it needs to exit most electronics markets.”"

 

"

Its financial arm accounts for 63 percent of Sony’s total operating profit last year. Life insurance has been its biggest moneymaker over the last decade, earning the company 933 billion yen ($9.07 billion) in operating profit in the 10 years that ended in March.

Sony’s film and music divisions, which produced hits like the Spider-Man movies and “Zero Dark Thirty” and recorded musicians like the cellist Yo-Yo Ma and the electronic music duo Daft Punk, have contributed $7 billion to the company’s bottom line over the last decade.

In that time, Sony’s electronics division has lost a cumulative $8.5 billion.

Hardly Sony’s crown jewels, experts say.

“The problem is that the board is still absolutely focused on fixing electronics,” said Kouji Yamada, a visiting professor at Hitotsubashi University in Tokyo and research director of Mission Value Partners, a Sonoma, Calif., investment company.

Sony’s chief executive, Kazuo Hirai, said last Wednesday that its board would consider Third Point’s proposal, even as it emphasized that the discussions were preliminary and that it had not set a time for a response.

But to a small band of analysts, Mr. Loeb’s prescriptions for Sony are shortsighted, merely milking the company’s profit-making content business for good money to throw after the bad.

As proof of the untenable future facing Sony’s electronics, critics point to its televisions and smartphones. Competition is intense, and in cellphones Sony remains a bit player. Even where it is more successful, in digital cameras or game consoles, it is struggling to stay abreast of stronger companies."

 

This ran on Monday this week in the New York Times