theprof00 said:
You talk as if you know almost nothing about stocks. 1. Sony had a split at it's 180$ price in 2000, going to 90 dollars. The jump to 180$ was already way higher than it should have been. From 40$ to 180$ in less than one year, which resulted from insanely inflated stock prices and news of playstation 2's incredible success. The drop was further exacerbated by global financial slowdown. If you don't trade stocks you really shouldn't comment on what you don't know. I see stocks go from 10$ to a hundred in a day and drop back to 40 within a couple weeks. It is normal in the stock market for prices to become outrageous because people called pumpers push lots of money into the stock, then they short the stock, and sell, causing a rippling effect among buyers. You buy 1,000,000 shares in increments of 10,000 every 20 minutes, this causes lots of people to see price going up, so they buy, hoping to ride the wave. By the end, your million shares got 2,000,000 people to also buy shares. Then you short the stock, which means you borrow against the price, sell your stocks quickly, then suddenly those 2,000,000 people are negative, and more and more are selling sending the price down. Before you know it, the price is through the floor, and you borrowed at the top, which means you not only made 1,000,000 shares worth of increasing stock price, but you also shorted a million off the top. This is normal wall street pumping. 2. Samsung and LG are both Korean. Huh, I wonder if that's a coincidence. (I already looked this up a year ago, so forgive me if I don't spoon-feed you the info). The Korean won has never seen a degredation of currency value against the global recession. What that means, is that Korean companies make an extremely good margin on their products, which, gee, I guess allows them to sell at a much cheaper price. Funny how that works. Throw the major recession into the mix, where people are buying as cheap as possible, and guess what. Korean companies currently are one of the most predominant consumer goods manufacturers. And it's simple to see why, if you'd bother to have checked. 3. Apple destroyed everyone with iShit, and currently losing stock price and market share by the yard. 4.(lost over 8B$ on ps3). Source? 7. Sony will make another handheld, you can bet your ass on that, because it's not as clear as the extremely biased picture you present. Say fanboy again, and you're reported. EDIT: Oh, and I'll save you some time on those sources I asked for. They don't exist. |
Whoa calm done, dont go full fanboy.
PlayStation division has lost over $8 billion since PS3 launched in November 2006.
The facts:
>FY 2007: $1,970,000,000 LOSS
>FY 2008: $1,079,000,000 LOSS
>FY 2009: $577,000,000 LOSS
>FY 2010: $889,000,000 LOSS
>FY 2011: $2,800,000,000 LOSS
>FY 2012: $1,100,000,000 LOSS
Total loss: $8,415,000,000
All figures come from Sony’s investor relations page - http://www.sony.net/SonyInfo/IR/index.html
Moderated - Kresnik.