Forums - Sony Discussion - SONY downgraded again to Junk by Moody's (outlook stable).

Zappykins said:
0815user said:
in case everything fails, give/sell/deal playstation to sega and i'm good.

The Sega Playstation?  That has a ring to it.

Do you think they would still want to make hardware, or just go software only?

And we would still have 3 consoles, if Steam can pull it off.

i'd say an easy to use and develop for 300-500$ hardware every let's say 4-6 years is a must. i don't mind if it just a pc in a box as long it's only one (unlike steambox) device for all. people need something physical to identify playstation with it, even if it's just a box that streams games through the internet.



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So now we have Nintendo which has been having a pretty large amount of trouble with the Wii U. Xbox which hasn't made a dime in 13 years, and PlayStation which could have it's company fall right out from underneath it.

Things are going well in the gaming world I see.



Bet with Adamblaziken:

I bet that on launch the Nintendo Switch will have no built in in-game voice chat. He bets that it will. The winner gets six months of avatar control over the other user.

Ashadian said:



If Sony were going under then it would have happened a long time ago. They need to get rid of the TV's if they can't make a profit on them. Movies/Music is fine, same goes for Playstation. Mobile is growing and could be a cash cow.


Movies had a  terrible year last year, they fired some senior people there as a result and have decided to make less movies and concentrate more on TV shows.

Your definition of cash cow is strange,  mobile will never be a cash cow for Sony, it actually needs to grow to make any profit at all.  Cash cow is something that prints money regardless.  Not happening.

 



I'm not really here!

Link: Shipment History Since 1995


HA! Rating agencies. The gambling cheats of the modern world (gambling beeing the stock markets).

Once you get their atention you are never coming back up basically. They would be losing on profits otherwise.



kowenicki said:
Lawlight said:
They've been relegated to junk status for years now and they're still around.


No they havent.

They were first moved to junk status during 2013 by the other two rating agencies.

Actually it was in 2012.



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And to think, everyone says it's Nintendo that's going out of business lol



Anfebious said:
SamuelRSmith said:
Anfebious said:
Sorry for my infinite ignorance but what does this mean? What happens if your company has the "junk" status?


It refers to a rating of their debts. At junk status, the ratings agencies are basically saying that there's pratically zero chance that Sony will be able to pay back their debts.... so don't buy any Sony debt.

If Sony cannot sell debt (ie, bonds), then that means that they'll struggle to continue running at a loss (where revenue is less than cost), or to make major one-time investments without generating liquidity (getting cash) by selling assets (like when they sold their big buildings last year)


Thanks for clarifying this for me! I'll have to look up some terms you used though, I'm a newbie at these kind of things.


In very , very simple terms:

1. Sony is losing money right now.
2. The only way to keep the lights on, pay employees, manufacture PS4s, etc. is to borrow money from banks, raise it via the stock market, etc.
3. The rating agencies are telling any potential banks, etc., that loaning money to Sony right now is foolish because will not be able to pay it back.
4. When you can't generate revenue equal to losses (neve mind profit), and can no longer borrow money, you go out of business*.

*Or enter various flavors of bankruptcy which allows you to restructure or shutdown the company completely.



They need to hire someone like Carlos Ghosn: the man that saved Nissan.



vkaraujo said:
Ashadian said:

If Sony were going under then it would have happened a long time ago. They need to get rid of the TV's if they can't make a profit on them. Movies/Music is fine, same goes for Playstation. Mobile is growing and could be a cash cow.

Movie is fine?

Didn't they just had 2 major flops on 2013? That division alone lost U$ 200 millions until Q3....

Your going to quote actual numbers sir?  But, but, that's not going tomake things look any better. Move alone, there is nothing to see here.  (Cough, cough, 'After Earth' cough 'White House Down' cough.)

But there does seem to be some truth to the Sony making a Windows Phone, rumor.  We shall see.



 

Really not sure I see any point of Consol over PC's since Kinect, Wii and other alternative ways to play have been abandoned. 

Top 50 'most fun' game list coming soon!

 

Tell me a funny joke!

0815user said:
Zappykins said:
0815user said:
in case everything fails, give/sell/deal playstation to sega and i'm good.

The Sega Playstation?  That has a ring to it.

Do you think they would still want to make hardware, or just go software only?

And we would still have 3 consoles, if Steam can pull it off.

i'd say an easy to use and develop for 300-500$ hardware every let's say 4-6 years is a must. i don't mind if it just a pc in a box as long it's only one (unlike steambox) device for all. people need something physical to identify playstation with it, even if it's just a box that streams games through the internet.

Steam isn't selling the PC's, those they are leaving to their partners (Just like Microsoft does with their PC's).  They are selling the software base with it's built in distrubution/DRM to make the SteamBox work.  They are directly challenging Mircrosoft's Windows and DirectX and OpenGL and others to get developers to use Linux/SteamWorks (or whatever they end up calling it.)  It's a big risky move, and seems to me like a whole bunch of distracted potential from working on games to creating an operating sytem for some personal reason for a high level guy involved. 

I don't really see the point, unless they can dramatically increase efficiency, security and make things easier to program. Which they might be able to do.  But, just like Windows, it will have to work with a variety of hardware and different specs.  Which will cause it to lose efficiency and optimization - thus being similar to Windows.

I think having a secure system where people can not play games that have been ripped and torrented will be a feature they use to lure in developers.  As, think about. If you sell a game for $30, but it can't really be pirated, it's a good selling feature.



 

Really not sure I see any point of Consol over PC's since Kinect, Wii and other alternative ways to play have been abandoned. 

Top 50 'most fun' game list coming soon!

 

Tell me a funny joke!