kowenicki said:
Sleepyprince said:
kowenicki said:
maximrace said:
How long can this continue without serious problems for them? |
They have serious problems.
Junk rated and their stock is all but dead. They are simply servicing debt (at every higher costs) and limping along. They are also burning through assets including cash at an alarming rate.
These kinds of losses have implications. But people here have never understood that... or dont want to understand that.
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Just so you know : Sony is approx 140 000 employees, it's not Nintendo (5000 employees). Japan governement will never, ever let Sony sink. That is why no one there seem to worry about losses that much at Sony headquarter. Japan is in the top five richest country in the world. It had already happen with a lot of Japanese companies. Sony is worth 30 billion dollars, again it's not Nintendo.
Plus, Sony is not a random japanese company. It's one of Japan's tech pride. Same goes for Nintendo, Nissan, Panasonic. Governement will never let them collapse. Don't be a fool mate, it's not just a matter of number here. We all know who would buy Playstation if Sony goes bankrupt => Samsung. It would be a shame for Japanese people to let it one of their strongest brand (Playstation) be bought by a Korean company. Hence why that will never happen, even if japanese governement has to nationalize Playstation and Xperia brand.
If you don't see Sony panic that much, that's because there is obvious reasons. Same goes for Toyota, Nintendo
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It is a publicly listed company.
I dont have the time or inclination to go into why what you have just written is a load of old nonsense.
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GM was publicly traded as well. So was Citibank, etc...
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