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Wanderlei said:
theprof00 said:
Wanderlei said:
theprof00 said:
Wanderlei said:
DamnTastic said:
mibuokami said:

More like smother it to death. :(

I love my Vita like I love my Sega Saturn. Despite being the failure that it was, it was one of my favourite console.

I love mine too.

Sonys next gen HH should be a android based mobile phone hybrid or something.
It plays dem HH games and mobile and you can call people. Something like that :P

It is extremely unlikely there will be another Sony handheld.

Or perhaps more frightening - push Playstation Mobile to the forefront and have the company focus on smartphones, tablets, f2p, paid subscriptions, and micro-transactions. It's not pretty.

But even thats looking unlikely now since Kaz lost the contract with Japan's largest carrier who is now bringing the iPhone 5 to it's network to replace Sony as it's main brand of phones.

 

you must be new here throwing around wild predictions like that as fact.


Does anyone except rampant sony fanboys seriously think there is even the slightest chance? Vita needed to sell better than the PSP for any hopes of a successor. If Sony had someone competent to run the company they would have knocked it on the head already.



-Sony has 17 billion dollars worth of debt
-Sony's market cap value is only 18.5 billion dollars
-Sony share price is only worth 10% what it was 10 years ago.
-At its peak it was $200 per share, today only $17
-Getting destroyed by Samsung and LG in consumer electronics,
-Apple destroyed them with the iPod and iPhone
-Junk Status rating
-Lost well over $8 billion on the ps3, more than their ps1/2 profits combined
-Losing $2 billion plus on the Vita
-Sacked 50,000 people in last 5 years
-Sold both Japan and US headquarters to avoid an embarrassing 5 years lose streak

But now Sony are gonna pump money in to something that is guaranteed to lose them even more money?

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?
5. Losing 2B$ on vita. Source?
6. Sacked 50,000. Yep, the entire global economy almost had a depression. Obviously a luxury consumer goods manufacturer is gonig to feel it. Suddenly, after things getting back to normal, Sony goes from 10$ to 18$. Man. Do some research brah.

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.

Sony’s Market Cap Value on September 2000: $100 billion

Sony’s Market Cap Value on December 2013; $18.5 billion

Net Income 2009; 1,052.10 million LOSS

Net Income 2010; 434.00 million LOSS 

Net Income 2011; 2,761.70 million LOSS 

Net Income 2012; 4,858.50 million  LOSS

Wanna guess how Sony are doing this year? The good news Sony actually made a profit 2013 Q1 of the 0.43 billion bad news is they did by selling assests not by being a proftable company.

 First profit since 2007

Here's how they have done it:

-Higher ups not receiving their bonuses
-$1.1 billion for NY HQ
-$1.2 billion for Tokyo HQ
-$437 million for DeNA
-$730 million for chemical products business
-$935 million for LCD Venture Stake to Samsung
-Shutdown Liverpool Studio, eg WipEout
-Shutdown Zipper Interactive, eg MAG, SOCOM.
-Shutdown New Jersey Manufacturing Plant After 50 Years
-Fired 10,000's from across the board

Its basically another year of losing $5 billion+ hidden behind one time sell offs to appease their investors. Or it would have been exactly like last year;

 Now back to bad news, 2013 Q2  $197 million LOSS


Kaz just lost Sony practically the entire Japanese smart phone market.
http://www.bloomberg.com/news/2013-11-28/apple-won-76-of-japan-smartphone-sales-in-october-kantar-says.html

Sony cuts full-year outlook; quarterly loss widens
http://www.marketwatch.com/story/sony-cuts-full-year-outlook-quarterly-loss-widens-2013-10-31

Sony cuts full-year outlook; quarterly loss widens
http://www.marketwatch.com/story/sony-cuts-full-year-outlook-quarterly-loss-widens-2013-10-31

Sony Playstation division records losses as it buries PS Vita sales numbers (2012)
http://www.examiner.com/article/sony-playstation-division-records-losses-as-it-buries-ps-vita-sales-numbers

Sony bracing for biggest annual loss in a decade (2012)
http://www.eurogamer.net/articles/2012-04-10-sony-bracing-for-biggest-annual-loss-in-a-decade

Junk Status Outlook Negative
http://www.reuters.com/article/2013/11/20/fitch-affirms-sony-at-bb-with-negative-o-idUSFit67734820131120

Sony slashes profit outlook with TV business back in red
http://www.reuters.com/article/2013/10/31/us-sony-earnings-idUSBRE99U06320131031

Sony Shares Drop 11% on Poor Earnings
http://online.wsj.com/news/articles/SB10001424052702304073204579168833679539814

Sony Loses $2.2 Billion in Market Value After Forecast Cut
http://www.bloomberg.com/news/2013-11-01/sony-loses-2-2-billion-in-market-value-after-hirai-forecast-cut.html

Sony lowers profit forecast dramatically after movie loss piles on the misery
http://www.theguardian.com/technology/2013/oct/31/sony-lowers-profit-forecast-white-house-down

Sony Cuts Profit Forecast as Film, TV Division Posts Loss
http://variety.com/2013/biz/news/sony-cuts-profit-forecast-as-pictures-slip-into-loss-1200780631/



As I expected you've changed your stance from everything you've said and are now throwing links at me in an attempt to dodge being outright wrong.
Bolding for your flipflops and lies.

1. First bold, you wrote "-Sony share price is only worth 10% what it was 10 years ago. -At its peak it was $200 per share, today only $17"
Now in the bolded, you write "Sony’s Market Cap Value on September 2000: $100 billion Sony’s Market Cap Value on December 2013; $18.5 billion"

Which is clearly not 10%. You were referring to 17.50 from 200 (was actually 180). 10 years ago was 2003, not 2000. A lot happened in those 3 years, so you should probably work on being a little bit more accurate in your statements. It would be as if I said you wet the bed until you were 9 when maybe you only stopped at 6.

2. Underlined portion. You wrote "lost 8B on ps3" when in actuality, 8B was lost by Sony as a whole, with most of it coming from the tv division. Get your facts in order.

3. Bolded portion. I don't need to guess. I know how their business is because I know what I'm talking about, which is why I was able to immediately call bullshit on your post. Don't try to condescend to me. You can't even get your facts straight and you don't even know what a stock split is.

4. Next underlined portion. You act like they should have kept those parts. You act like companies don't do this all the time. You act like this wasn't smart. They cut off and sold insubstantial portions of business that were costing them money. Ask kowen if you'd like. He'll tell you the same "sony is a bloated company, and cutting and trimming is the best thing for them to do right now". He'll tell you that. Maybe you'll change your mind on how you're speaking to me when clearly the biggest MS supporter here makes you eat your words.

 

5. You didn't source ps3 losing 8B.
You didn't source vita losing 2B.
You had nothing to say about samsung or lg
You had nothing to say about the stock split, likely don't even know what it is.
You changed your numbers.

6. I don't care how much you tell me about cell phones or sony losses or whatever. Your initial statement was about playstation and Game division, and you've been TOLD on all of it, and now you're shifting positions all over the place so that you can say Sony is in bad shape.

7. No shit Sherlock. We had threads for a good two years telling us ps4 would never come out either. Hope you're hungry for leftover crow.