Wanderlei said:
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 Now back to bad news, 2013 Q2 $197 million LOSS
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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.