Zekkyou on 01 May 2014
| curl-6 said: How much longer can Sony survive these kind of losses? That's not rhetorical btw, I'd actually like to know; if they can't pull out of their spiral of red, are we looking at bankruptcy in, say, three years? Five? |
Hmm, it's hard to give a specific time frame. This years loss is of course inflated because of the restructuring, but hypothetically if no one intervened (investors etc), Sony could maintain losses of this size for an awful long time. They are doing pretty badly for cash, and are fighting against a rather large debt, but they have have something like $100+ billion in assets (I can't remember the specific amount, and things don't quite work like that, but you get the idea).
I think Seece put it well. Sony are without a doubt doing rather badly, but they are many many years away from any actual threat of bankruptcy or closing down.
