sasquatchmontana said:
Over an 8 year generation...why not?
http://www.gmanetwork.com/news/story/479142/money/companies/sony-posts-1-06b-fiscal-year-loss Their most recent yearly report denotes a loss in excess of $1B ...again. That was a few months after they said they were "on track" to post a $500M profit. Literally the same thing they've been saying since 2012. And back then they had $12-13B in the bank. After the above, Sony have $5B left. Or 5 years (or less) with similar "profit" margins before administration kicks in. |
Because the combined userbase of the PS3, Xbox 360 and Wii (Which was also the fastest selling console Nintendo had released, and the fastest selling console of all time...) over a 8 year generation was 270 million. You are expecting XBO + PS4 alone to make up 250 million? mkay
Have you heard of a writedown? It's when you adjust the estimated value of a brand, however you don't lose any tangible assets. Sony had a writedown of 1.7 billion dollars in their mobile division last year, without that one time cost, they would've made a 0.6 billion profit. Microsoft had a 7 billion writedown in their mobile division in the last fiscal quarter, which means that they also "lost" about 2 billion last quarter, but in reality they made money last quarter, just like Sony, in reality, made money last year. Sony are on track to post well over a billion in profit this fiscal year, in fact they posted a 687 million dollar profit this last quarter.
