The fact that NIntendo was "bigger" than Sony, even if it lasted one week, proves not the delusionalism of the fans, but the actual bad situation Sony is going throught.

Nintendo is doing bad, but that won't change the disaster Sony is.

It was inevitable that they would have to revise their results towards reality at some point.

Although yeah, posting a loss in the Pokemon/MH4 year means that something is *really* bleeding out on the Wii U side. How bad must the per-unit hardware loss be to offset all that 3DS money they have to be swamped in?

This isn't surprising at all. I bought at 12.80 and got out last week making a nice 60% gain. When it jumped 10% I decided to take profits (unfortunatly triggering short term capital gains when I was only a week or so away from long-term) as it seemed obvious it would at best revert and give that 10% back. Nintendo shares always seem to over-react both to positive news and negative news. Too bad I don't have a way to buy and sell options on it.

It had to post a loss. I mean they upped advertising which costs $$. They sold more WiiU's which are still at negative contribution. Considering they were already at at operating loss it was bound to happen. That coupled with weakening January made me want to sit out for a bit.

May have to re-enter soon as I think it's near its floor but I may wait to see if the 3DS continues to weaken without WiiU picking up the pace. May go down to $11/12 again. At that level it's an absolute steal even with poor management. As another poster said you are basically buying cash at that point. Their IPs alone are worth billions. Even when doing horribly, like now, they still tend to be free cash flow positive and tread water. As long as they don't start flushing money like Microsoft and Nintendo do chasing market share then they are a pretty safe bet.

Hince why the company took step a couple years ago with the hire of Kaz as CEO and his changes.  If the comapny would have continued on the path put forth by Howard Strniger, they would have been under.

Sony is a 80+ billion revenue company, turnarounds for companies that large take time, look at HP.  At least kaz is putting forth different plans, trying to consolidate, buy and sell assets he feels will stablize and return the company to growth.  The company is still expecting 20Billion Yen profit for this year (down from 40 they forcasted).

Nintendo and management is hoping to put lightning back in a bottle and telling investors and customers alike to please understand.

That's a lot of assumptions there. What has Kaz done to improve Sony's situation?

They have more debt than what they are worth, they have "junk" status and they have to sell buildings to make profits. 

If that's how Kaz is trying to turn Sony around then things aren't looking good.

I'll try to remember that! I would love to earn some extra cash ^^

humans are so stupid. I sell my stock because other people MIGHT sell their stock.... Stock exchange is simply CANCER. Its for stupid and greedy people that only care abou themselves and not about what their "stock sale" actually does.

Every company that has shareholders fucks up ethically and then its focus is solely "MONEY MONEY MONEY     SHORT TERM PROFIT SHORT TERM PROFIT  I AM AN IDIOT I WANT SHORT TERM PROFIT....."

Trying to streamline Sony to focus on just three main areas.

Refocus on the playstation brand.

Pour money into producing cellphone (andriod and rumors of windows phones)

Along with their Olympus acquisition, move into medical imaging.

Reducing the number of TV models they release each year.

Job cutting as they have way too many employees

1) Too early to say, wait for at least 1 or 2 years with the PS4 on the market (remember they have the Vita which isn't doing much for them)

2) How is that a good thing? it just means they are slowly becoming a smaller company.

Can't comment on the others because I honestly don't know much about the camera and phone divisions. But the TV is by far the worst part the company is doing now, so making less TV models isn't helping them much.

Sony should keep selling buildings maybe sell some to Nintendo since they are expanding?

OP: this was obviously going to happen