Future of Sony? 1.1 Billion dollar loss.

[M.U.G.E.N]

benji232 said:

Wagram said:
The 1.1b loss on paper looks bad (what you all are calling doom/gloom) but what they are doing is financially beneficial. If they don't cut their losses with Vaio now, or restructure the TV business they will lose MORE than the 1.1b. This is why Sonys shares have been raising, think of the long term rather than the short term.

It is very bad no matter HOW you want to spin it. Not only did they sell a few buildings THIS fiscal year which got them a couple B$, they are still posting a loss. This means that had they not sold those buildings, they would have lost another 3-4B$+!

I apologize, but you just can't spin a 1.1B$ loss into positive news. Especially when they sold a few of their buildings in FY2013.

facepalm..I wish people would actually think for a second before they post. They also bought a bunch of buildings you know? omgwhatwilltheydonow!

 

So many experts in this thread haven't even gone through the financial statement to read the actual numbers/breakdown of the loss. Read it. And you will see why the loss is happening and why it's actually good for the company in the long run. 

Bottom line is they are cutting the extra fat and restructuring. It's bad but it's something that is needed for the company to get into a much healthier position next financial year. Most of their divisions are actually profitable. Lots of expenses are allocated to the sell off/spin off of PC/tv divisions. Also write offs and impairment costs for shit they don't need in the future. Give the notes in the financials a read and learn a bit more. This is not a black and white situation by any means.