MoHasanie said:
Declaring bankrptcy is not the end for such huge corporations. GM declared bankruptcy in 2009 but the government could never let such a huge corporation fail with 200,000+ employees and so helped reorganise the business by closing and selling off factories and subsdiaries. And GM has a huge $172bn in debt so it was in a worse position than Sony is right now. Similarly Sony with 140,000 employees would never simiply go out of business for just declaring bankruptcy. The government would rescue them first. |
Well, yes and no. GM was only valued at $26 Billion at the time so it wasn't that big of a value for the US - but held a number of important jobs from the other companies they relied upon that business. Sony is currently around $16-17 Billion depending on the day. I seriusly doubt the US government would do anything for Sony - it doesn't feed other business the way auto manufacturing does. In other words, it's not as imporant for the US economny as GM was in 2009. Maybe Japan would.
Sony wouldn't just all dissapear - other companies would buy off pieces. But just look at THQ and you never know how things are going to fall. But depends how much they can get for PC manufacturing. Rhode Island worked hard to stop it, but it didn't work out for THQ in the long run.
But maybe you are right, perhapse it's harder to be a Mirosoft or Nintendo fan.







