SONY LOSSES, especially PS3 – New & Improved Analysis - End Mar 2008

[kn]

This thread is long and I don't have time to read it all, but Sony recorded two or three major financial one-time gains. The first was selling the Cell line to Toshiba and was something just short of $900 million I believe. There was another -- a financial/insurance arm IPO -- that raised $2.75B or so. Rumor was that the revenues would fund PS3 losses due to the $100 price cut. Lastly, Sony reversed a big chunk of loss they recorded for the battery fiasco. Again, I don't recall the amount but I believe it was around $275 million. These were all one-time gains and I'd be curious as to where/how these relatively large transactions appear in the financial statements.

http://edition.cnn.com/2007/BUSINESS/10/18/sony.toshiba.ap/index.html

http://kotaku.com/gaming/cashola/sony-to-sell-insurance-ipo-to-fund-ps3-price-cut-296335.php

I can't find the link for the reversal on the battery recall but I know I read it in one of Sony's financial releases.

Thanks for the dissection. It would be nice if MS didn't clump everything together so tightly as it would be easier to figure there numbers out as well.