the_real_dsister44 said:
NewGuy said:
the_real_dsister44 said:
Eh, I feel like this is pretty premature. Sony got rid of a lot of stuff in 2014... 20 or so stores, the tv division, laptop division, stake in Squeenix, and SOE. I mean, if they can continue to do this year after year, yeah it will be a sustainable plan, but they can only sell or spin off so many things
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They needed to sell all of that stuff. Have you been to a Sony store? It's empty as all hell. Compare that to the Apple or even MS store...Laptops, needed to get rid of it. Squeenix, well, unless they could buy a majority share and control where Squeenix games would go, they needed to unload it as it wasn't doing them any good. SOE has always been more of a PC dev, so cutting the fat. With that said, you are right, it's a long road ahead and Sony needs to prove they are financially viable without selling assets.
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1. I don't think you are getting my point. Massive sales of departments can do a lot to turn a short term profit. It just isn't a viable long term strategy. Yeah, they made a quick buck this year, but what about next year? They can't sell the laptop section off again. Even with these sales their net income was still over a loss of 100B yen.
2. One of Sony's core businesses is as a security trader... It's basically their job to buy and hold stock.
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I got your point and said as much.
