Corporate Health of Sony, Nintendo and MS

[kurasakiichimaru]

SpokenTruth said:

Teeqoz said:

Sony is back in the black if that was what you mean by recovered from those losses.

No, that's not what recovering from losses means.  Let's look at a fictional company and I'll show you what I mean.

2011 - $500 million losses
2012 - $2 bilion losses
2013 - $2 billion losses
2014 - $100 million profit
2015 - $200 million profit

As you can see, this company is making profit again but has not yet recovered from the losses.  They would still be down $4.2 billion over the past 5 fiscal years.  A full recovery would bring that up to a positive overall figure. 

Does it matter though? Sony is a bigger company, has more cash and assets and is now controlling their liabilities even more through their restructuring. As long as they're back to profiting, Sony can stand on its own because they could.

Nintendo on the other hand can't because their audience is dwindling because of smartphones.