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

[think-man]

kowenicki said:

think-man 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.

Can you explain, I'm a novice.

If a company, a listed company, had $10bn of cash then they wouldnt last 10 years losing $1bn per year.  Its not that simple.

Oh yeah I do see Nintendo people saying that alot.