Sony making a turnaround - aiming at $4.20bn profit by end of FY 2017

[true_fan]

mountaindewslave said:

true_fan said:
This is too high of a goal, they so be shooting themselves in the foot when they miss the target.

they will not come close to the target they have mentioned here. it's just astronomically high when considering how every sector of theirs practically is doing poor except for Playstation/video gaming

 

it's a ludicrous announcement with the hope of attracking positive PR and confidence in their brand especially in the stock market (not that it will work). too much of the explanation for turning around the company is based on talking in the air without anything solid. Playstation alone cannot save Sony as Sony currently has many sectors and owes many debts FROM those other sectors

Yup exactly my point, they are setting themselves for several earnings misses, which will kill all future confidence. How many times have they slashed projections in the last few years, I know it has been more than a few times.