SpokenTruth said:
Teeqoz said:
SpokenTruth said:
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.
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That's a pretty weird definition of recovery though. The damage of those 4 billion losses will be just as big regardless of how much money you make later. The most reasonable way to talk about recovery is if they've recovered their ability to make an (equal sized) profit as before their financial troubles, and in that sense, Sony has pretty much recovered.
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See below.
kurasakiichimaru said:
SpokenTruth said:
Teeqoz said:
Sony is back in the black if that was what you mean by recovered from those losses.
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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.
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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.
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I never said they weren't in a better position than before. But they have not yet returned to the profitability levels they used to have (much the same way Nintendo has not either). I did say they will fully recover. It just may take a while. No need to dive into that anything more than that.
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How Sony, only had 200 Millions of profit last year, if they were reporting more than 200 Millions of profit per quarter ?, and on 2015's 2 Quarter they reported 289 Millions of Profit, and they did not reported loss, last year.
