| thismeintiel said: Hear, hear. The truth is, he was only looking to make a quick buck off of his stock when/if Sony spun off the movie division. He didn't care about the well being of Sony and its employees. Glad I won't have to see several threads opened anymore about his BS statements each month. It's also good to see that Sony's stock actually closed slightly up today, even with this news/rumor. Sony just needs to continue to trim the fat on divisions that cause them losses. They already started this with the TV spinoff and PC division sale, so I hope they do continue. Though, I can understand the mistake of investing into their phones too much. For a little while there it seemed they had it turned around, even posted a few quarters of profit. Just need to be more cautious in the future. Just focus on Insurance, PS4, Cameras, Phones (but not too much, and position yourself to drop it if things continue going south), Movies, Music, and TV (shows, not actual units.) It will be interesting to see next quarter's numbers after the Xmas sales boost. Especially, from the gaming division. |
Basically this. Sony has the capacity to be profitable on a consistent basis. However, they've been losing a lot of money for their smartphone division due to not-so-smart decisions. They'll never make it big in the smartphone market, but they can still make profits by focusing only on flagships (and the Z3 is miles better than the iPhone 6, in my opinion). Making less revisions will also cut costs in R&D. There is leaked info saying that Sony will go from bi-annual releases to annual releases with the Xperia.
It'll also benefit Sony if they don't make overly optimistic forecasts.
