Deeds said:
Sony has billons in debt. Debt is money owed by borrowing or the selling of bonds. Who does Sony sell bonds to? Remember these bonds have an expiration date and have to be paid off in full plus interest. In order for Sony to pay off their obligations the need to generate revenue and profit. If the PS3 (which is a huge potential revenue generator) fails, Sony's bond holders, banks that provide credit to Sony and Sony itself will be in deep trouble. Analysts are paid to (a) prevent investors from dumping Sony's stock and (b) create an environment where the consumer has "hope" that their investment (PS3) wont go to waste. Note that these analysts do not support Microsoft (Little or no debt) and Nintendo (Little or no debt) and release these charts after NPD data shows that the PS3 is in trouble. |
It's too bad a majority of Sony's operating income isn't through its Playstation branch. You do know that Sony owns at least 1 record publisher, 1 movie publisher and another very lucritive electronics line (TVs). Sony by no means depends on a profitable playstation division. Once again, I also belive this conspiracy theory is illegal in many countries.







