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Ashadian on 22 February 2014
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binary solo said:
Mummelmann said:
At least they have started to shed the real money drains (PC and TV divisions). The challenge now is that if a massive loss or other problems occurr; they are a considerably smaller company in both assets and credit rating to soak losses and each division shed yields less and less product volume in goods and service to climb back up towards high revenue and profit.

Still tough times ahead, they're not clear of the woods yet, by far, but they are moving in the right direction and facing the challenge head-on at least. Hope they make it, always been a great fan of their products.

They aren't selling off TV, not yet anway, they are making it a separate company wholly owned by Sony, so if TV ever does start making profits then SOny still benefits financially. And if TV becomes very profitable and has a very sustainable business they might even bring it back into the fold some day. But more than likely they are segregating TV to sell as a going concern at some point.

It seems the only Xbox fan who's threads about Sony's financial prospects you should take seriously is kowenicki. Everyone else seems to completely misunderstand the words they are reading, because they start salivating over the prospect of Sony dying and PS ceasing to exist.

Sure, in terms of consumer electronics, PS is now the premier brand and the only one looking like it will make decent profits for the company for a while at least. But that's not all the company is. Selling off PC and spinning off TV should see Sony with pretty solid financial performance for the next financial year, and it's why despite the projected $1.1B loss Sony's share price has gone up and market advisers are recommending Sony as a buy.

It's quite amusing really, Sony today looks like a more sound and stable company than it has in the last 4 or 5 but we've been getting more ridiculous doom threads now than we've seen in the last few years.

Spot On!

The main reason Sony have been making a loss is the TV division and to a lesser extent the PC division. Most of the other divisions are sound and profitable. They should have spun off the TV division years ago. PC should have went sooner too! Some people just spout rubbish