Some of you may not know me but I'm quite knowledgable in economic analysis. I'm a Playstation follower for some years now.
Yesterday I was just doing some work with charts and I saw Sony's situation and... Wow. Sony is in deep, deep trouble. That's not even a forsee, that's happening right now.
Let's just see : http://ycharts.com/companies/SNE
It's all quite complicate information but I'll translate some for you :
- Sony have no more cash. But really, they are even at loss with -64 million dollars. For a small comparison they had 4 BILLION past year. Just for comparison, Microsoft have 7000 billion in free cash, Apple 1000 billion, Google 4000 billion, Nintendo something like 3 Billion (not very reliable information on it)
- The value of the company has drop from 34 billion, to approx 24 billion in less than one year, wich could be translated as : Sony has less than one year and a half to get their shit up before someone buy them for less than 10 Billion. Shit just got real.
- Stock is 20 dollars. Wich is really, really LOW. Even in split times.
Never liked those doom thread, but Sony is in really, really deep shit right now. Sony is almost bankroute people.
