Sony To Post $2 Billion+ Loss

[DonFerrari]

joeorc said:

DonFerrari said:

Acevil said:
I will say one thing, this is evil for me to say, but I do hope Sony continues to lose money, until they sell off the rights to Spider man back to the original owner.

They don't need to do bad they need to listen to Dan Loeb... they are cutting or spinning the sectors that have been doing bad for years... but I would happily trade the billion of loss for years in TV and Phone make it all in Pictures so Sony TV were still great, Xperias sold really well and they sold parts of Pictures to make it afloat.

You are asking Sony to let a Fox in the hen house if you will..lmao, not a good idea when you take into account @retail playstation part as a whole from its inception to 2010 generated for Sony over 50 billion in revenue for Sony that was just the playstation part of Sony . That is no small part of a company, its even worth more now than its ever been for Sony because Playstation.

Is a core pillar for Sony,  and Mobile is also they bought out Sony Erricsson for 1.6 Billion, and while the Write Down is not something kaz or the board thought was going to happen, They do know that reduction in manpower, and number of models being removed is better off than putting the Axe completely to the mobile section of Sony. Kaz is far from shy to just Axe cut the Entire section of the company out right the board of directors also in the last share holders meeting the "Majority" of share holders sided with the Board only west centric board investment hedge funds stock holders are still trying to get more west type of company management. 

Again in Japan in the  40 years no japanese company the size of Sony has ever had such a take over by the west holding investor! The fact that many say from "Experience in stock market of thw west" and try to apply the very same techniques there in japan is not going to work against the culture there and the way its been very unyielding to such drastic methods of change that the japanese do not see is right for "japan" Because many look at that as not really a viable way to run a corp. May be right for the west's idea on company management change.

In Japan the culture is not like the west, the speed of change to offset the loss they may have to right down is in of itself very bad news, but to the japanese keeping the "japanese" employed is above profit. That may mean shifting priority and taking more loss, but thay see it as keeping such the idea of looking to keep the workers employed that are japanese to be taken care of to still make sure that japanese worker still is employed , be it by them or another company. If they do have to let them go.

Man, you misuntederstood me...

I said I would be happy if TV and Phone just had made profit for the last 10 years, but instead Pictures done bad (and were spined)... because I like PS, TV and Phones.

Jimbo1337 said:
The 2 Billion plus loss is part of their restructuring. It is not a cash loss, but rather a book loss.

Nope... most of it is real loss, expected loss or things like that... the restructuration was expected to cause less than 0,5B of loss.