mibuokami on 20 May 2014
| binary solo said: Their revenue is actually pretty healthy. They made an operating profit in the last FY, they are just taking major write down hits. And that was with the gaming division being in a negative revenue situation, which you'd expect with the new console. If they can keep PS4 at $399 (and equivalent or higher in the rest of the world) and have solid hardware sales through the whole year then gaming should be a pretty good contributor to positive cashflow. If the stars align for them (which would include improved Vita sales after a price cut), then they could make a small profit in FY15. |
They are forcasting a net lot for FY 2015. They are anticipating lost above and beyond normal operational expenses due to even further restructuring efforts and I remain skeptical of a FY 2016 profit. They know what direction they need to go but the rot is deep and getting rid of it is cutting into a pound of flesh.
