Sony needs to change their game plan.

[Legend11]

eab said:

URNotE said:
i think people forget how many things sony owns as a company.. and they get the gaming part of it confused with it. and think the whole company is losing money... thats the bad part about the internet .. when people see big headlines that say SONY LOST 40 MILLION DUE TO THE PS3... people tend to look at it as the whole company as being 40 million in debt....

This is kind of Off Topic... but I think G.E. should enter the market. I don't think anyone really realizes how much that one company owns.

 

All Numbers are for the 2006 year...

Nintendo

Revenue: $4.5 Billion

Net Income: $840 million

SONY:

Revenue: $68 Billion

Net Income: $1.04 Billion

 

Microsoft

Revenue: $44 Billion

Net Income: $12 Billion

 

General Electric:

Revenue: $163 Billion

Net Income: $20.04 Billion

 

I mean, holy crap G.E, $20,000,000,000 profit each year? 0_o

It's hard to compare companies by taking a snapshot of just one year.  For example the year shown for Sony is one of it's worst years ever, to put it into perspective financial papers expect Sony's profit for 2007 to be 500% higher than 2006 despite sluggish sales and large losses of the PS3.  Also Nintendo's profit it one of the highest in the company's history (perhaps highest?).  And Microsoft's numbers are ok but this year they're on track to reach 17-18 billion in profit (compared to the 12.6 for 2006 - you misplaced 600 million in profit in your numbers), that goes to show you the differences that years can make.  And GE, well they had double digit profit growth the last two years in a row, 20 billion is a record for them.  But since you seemed to pick a company out of random why didn't you choose Exxon which had 40 billion in profit last year?