KLAMarine on 02 February 2017
Teeqoz said:
Are you aware of what a writedown is? Because a writedown of 1 billion dollars in their movie division doesn't mean that their movie division lost 1 billion dollars. It means Sony have realized that until now they have overestimated the value of their movie division, so they now have to reduce in in their balance sheet, and this action is accounted as a loss. It's merely an accounting loss. Microsoft had the same a few quarters ago, where they had a writedown of 7 billion dollars in their mobile division. |
None of the big three are struggle-free.
