PS4 Could Become the Best-Selling Console of All Time

[Slimebeast]

kowenicki said:

withdreday said:

RavenXtra said:

withdreday said:
Sony has over 19 billion in cash on hand, they won't go bankrupt, so keep dreaming guys.

And the PS4 WILL at least challenge the PS2 as the king of home consoles. You can print it!

And around $14b in debt

With over 160 billion in business assets. 

Like I said, Sony going out of business? Not going to happen.

19bn cash?

I think its best to look at the balance sheet in these circumstances rather thn a snapshot of selective data:

So, from the BALANCE SHEET

Cash, cash equivalents and short term investments:

March 2011: $19.99bn

March 2012: $19.14bn

March 2013: $16.17bn  (huge drop)

Almost $4bn burned through in 2 years.

Net tangible assets:  (true measure after taking into account assets, liabilities and stockholder equity)

March 2011: $20.3bn

March 2012: $11.5bn

March 2013: $10.9bn

Net tangible assets have halved in 2 years, dropped by $20bn

 

There are real reasons for downgrades and the share price collapse.  Despit popular opinio here, it isn't some nasty conspiracy.

 

 

Can you give a measure of how the stock has collapsed? In the last year, last few months or so?