| Nintentacle said: If they don't go bankrupt, which they probably will. Do you agree? |
What are you talking about? People are taking this $1.1 billion projected loss so out of context. Sony has 2 failing divisions (PC and TV) and one marginal division (phones). PC is gone, TV is being put at arms length to succeed or fail without doing any further damage to Sony and phones are treading water. The rest of what Sony does is sound and viable. Sony won't go bankrupt.
Sony's share price hit a short term low on 3 Feb, then a couple of days later the PC and TV announcements were made and Sony stock rose quite a bit. A company's stock doesn't go up after a projected $1.1Bn loss is announced if that loss is likely to cause bankruptcy. The thing that could happen to Sony is a hostile takeover and dismantling of the company. Not no way is there going to be a bankruptcy in the forseeable future.
A bankrupt Sony is just wishful thinking on the part of some Nintendo and Microsoft fans.
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