SONY results: 3.7m PS3+PS4, 0.7m PSV+PSP. $1.246bn loss FY. GAME $80m loss for year. Expects another $0.5bn loss to March 2015

[DanneSandin]

Lawlight said:

Kasz216 said:

kowenicki said:

kumagawa said:
If Sony's in such bad shape why has there cash position got better?

Cash and cash equivalents
December 31st 2013 - $8,088 billion
March 31st 2014 $10,160 billion

That's enough cash for 15 quarters of losses equal to this one.

Ahh, whats known here as the Nintendo defense.  Thats not how it works I'm afraid.

Eh, the big difference is that Nintendo has no real debt.

Nintendo also has nowhere to go from here unless they drastically start to invest in other industries.

Which they are... I just hope it won't affect their gaming business. And I'm not sure QoL is a smart move. A better move would have been to evovle more into an entertainment company, producing TV-series (a la Pokémon) and movies. Maybe even making toys??