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

[Figgycal]

Kasz216 said:

Figgycal said:

kowenicki said:

Seece said:
http://www.neogaf.com/forum/showpost.php?p=111929899&postcount=280

Wow ... that was an insight ...

Why do you think they havent exited TV yet.  They face enormous costs to exit (including a huge chunk of redundancy pay) and are delaying it for as long as possible.

If they decide to exit TV in say 12 to 18 months then not only is the loss in FY 2014 certain (to march '15), they will also see losses for FY 2015 and FY 2016 too.  It is a mess that they could and should have dealt with years ago.

Approx $8bn in losses due to TV alone so far.  $8bn !

Isn't what they're doing worse? Delaying closing down the T.V. division only means more losses.

Eh, it depends.

 

Say I pay 

$500 In parts

$500 in labor, 

and make $700 in revenue.

I'm losing $300. 

 

Now say i close down my TV division, but I have to pay $400 in salaries still because of rigid japanese employment law.

 

Now I'm losing $400.

I get it now.