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Forums - Sony Discussion - Future of Sony? 1.1 Billion dollar loss.

benji232 said:

1) The only HQ they purchased in their FY 2013 was a new playstation HQ, again, I googled it all, nothing comes up. Stop doing your smartass, bring up the links if they truly exist because i've googled it all "Sony purchases new HQ" "Sony buys new building" "Sony buys new HQ", etc. I'm not a dumbass. 

2) So a healthy corporation would be selling some of their HQ's that they've been using for the past 20 + years just because they deem it "unprofitable". You're kidding yourself. The only reason that they actually sold those buildings is because they are in dire needs of cash, have you even checked their debt as of 2013? Jesus christ, even if they sold off all of their assets and used their entire cash stacks, they still wouldn't have enough to pay it all off! So yes, had they not sold off their HQs, they would have lost much more money. Actually, their profit forecast would have never even happened. 

3) You're showing over and over again that you seriously lack reading skills. Laying off people is NOT a good sign no matter how YOU want to spin it. They have been laying off THOUSANDS and THOUSANDS of people for the past COUPLE years in a row and they STILL aren't profitable even after all of those layoffs. The reason for all of those massive layoffs is simple, they've been doing horrific as a businness over the past 5+ years. Had they still been as healthy as they were 10years ago, they wouldn't be laying off people. 

In some cases, some companies do some occasional layoffs to adapt to the changing market. However, Sony has been laying thousands of people CONSTANTLY for the past few years. This is not good. 

4) Again, lack of reading skills. I was clearly talking about the overall company, not about vaio. Had SONY had been a healthy corporation, they could have cut off the extra fat (vaio) without incurring such losses. However, given their position, it incurred them massive losses because their overall business simply couldn't compensate. 

5) Not even going to comment on this one. You're calling everyone who is talking negative about you're favorite company clueless people.

Also, FYI, I love Sony products. My 3 tvs are all Sony. I own a psvita. And I own a xperia. Just in case (seeing you're last post) that you thought that I was some kind of Nintendo or MS fanboy or whatever.

Also, FAIR warning: I did not proof read my post and it is kind of late here, so there might be a few hiccups in the grammar department lol.


1. Never said you're a dumbass..but you Finally after all that hard work you put in found one major acquisition but can't find any other purchases they made. I dunno man..if the hat fits. Small steps pal..keep it up

2. You have issues understanding simple english and logic. Let me break this down for you so even you might understand it. Selling an office building such as that is for two reasons. One, money. Two, expenses...companies do this all the time. Immediate need for cash + long term profitability of the said asset are things that will get considered in such situations.

Not sure why you are so hung up on this. Did you work in the building? lol And wait are you actually surprised a large company has debt? Like no way man... -_- I seriously feel like I'm talking about this with a hopeless case here. You keep repeating normal business practices like something unique. I never said Sony was in a fantastic financial situation. I was laughing at your silly attachment to them selling a building. When they have bought buildings, factories and also invested in other new businesses. bu bu bu dat one building doe lol 

3. umm I never said laying people off was a 'good' thing. i said it was something that was needed and overall is good for the long term health of the company. From the top of my head I believe sony has around 150k workers. When restructering happens, lay offs happen. It really sucks for those affected. But this is needed. 

4. lol who said just 'vaio'? Sony is in a pretty good condition in most of their divisions. Again look up the financials. See what they are earning in other divisions and then you will understand why Kaz is making the moves he is making. One of Sony's biggest problems is lack of focus. They need to focus on their strengths going forward. Remove the excess useless factors is essential. When a company has many divisions, if one division is unhealthy compared to others, they get cut. Seriously...not a difficult concept to understand

5, see clueless train continues. I bash sony all the time lol I have no emotional investment in the company nor do I have money invested in them. This isn't even about playstation lol this is about the overall company. If it makes you feel better about your clueless posting earlier, go right ahead, imagine that I'm being 'defensive' of sony 

your or my love for their products have nothing to do with this. This is a pretty straight forward business situation. I actually entered this thread hoping to discuss the numbers and their impact going forward but sadly walked into a console warfare bs. The overall loss forecast is nicely detailed in the financials notes. Give it a read and I'm not saying this in a snarky way. There are a lot of expenses involved with restructuring. These are great smart steps taken by Kaz and bodes well for the future of the company. 

Anywho i'm done with this..gonna finish watching Pacers vs Blazers game and then grab some dinner. 



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M.U.G.E.N said:
benji232 said:

1) The only HQ they purchased in their FY 2013 was a new playstation HQ, again, I googled it all, nothing comes up. Stop doing your smartass, bring up the links if they truly exist because i've googled it all "Sony purchases new HQ" "Sony buys new building" "Sony buys new HQ", etc. I'm not a dumbass. 

2) So a healthy corporation would be selling some of their HQ's that they've been using for the past 20 + years just because they deem it "unprofitable". You're kidding yourself. The only reason that they actually sold those buildings is because they are in dire needs of cash, have you even checked their debt as of 2013? Jesus christ, even if they sold off all of their assets and used their entire cash stacks, they still wouldn't have enough to pay it all off! So yes, had they not sold off their HQs, they would have lost much more money. Actually, their profit forecast would have never even happened. 

3) You're showing over and over again that you seriously lack reading skills. Laying off people is NOT a good sign no matter how YOU want to spin it. They have been laying off THOUSANDS and THOUSANDS of people for the past COUPLE years in a row and they STILL aren't profitable even after all of those layoffs. The reason for all of those massive layoffs is simple, they've been doing horrific as a businness over the past 5+ years. Had they still been as healthy as they were 10years ago, they wouldn't be laying off people. 

In some cases, some companies do some occasional layoffs to adapt to the changing market. However, Sony has been laying thousands of people CONSTANTLY for the past few years. This is not good. 

4) Again, lack of reading skills. I was clearly talking about the overall company, not about vaio. Had SONY had been a healthy corporation, they could have cut off the extra fat (vaio) without incurring such losses. However, given their position, it incurred them massive losses because their overall business simply couldn't compensate. 

5) Not even going to comment on this one. You're calling everyone who is talking negative about you're favorite company clueless people.

Also, FYI, I love Sony products. My 3 tvs are all Sony. I own a psvita. And I own a xperia. Just in case (seeing you're last post) that you thought that I was some kind of Nintendo or MS fanboy or whatever.

Also, FAIR warning: I did not proof read my post and it is kind of late here, so there might be a few hiccups in the grammar department lol.


1. Never said you're a dumbass..but you Finally after all that hard work you put in found one major acquisition but can't find any other purchases they made. I dunno man..if the hat fits. Small steps pal..keep it up

2. You have issues understanding simple english and logic. Let me break this down for you so even you might understand it. Selling an office building such as that is for two reasons. One, money. Two, expenses...companies do this all the time. Immediate need for cash + long term profitability of the said asset are things that will get considered in such situations.

Not sure why you are so hung up on this. Did you work in the building? lol And wait are you actually surprised a large company has debt? Like no way man... -_- I seriously feel like I'm talking about this with a hopeless case here. You keep repeating normal business practices like something unique. I never said Sony was in a fantastic financial situation. I was laughing at your silly attachment to them selling a building. When they have bought buildings, factories and also invested in other new businesses. bu bu bu dat one building doe lol 

3. umm I never said laying people off was a 'good' thing. i said it was something that was needed and overall is good for the long term health of the company. From the top of my head I believe sony has around 150k workers. When restructering happens, lay offs happen. It really sucks for those affected. But this is needed. 

4. lol who said just 'vaio'? Sony is in a pretty good condition in most of their divisions. Again look up the financials. See what they are earning in other divisions and then you will understand why Kaz is making the moves he is making. One of Sony's biggest problems is lack of focus. They need to focus on their strengths going forward. Remove the excess useless factors is essential. When a company has many divisions, if one division is unhealthy compared to others, they get cut. Seriously...not a difficult concept to understand

5, see clueless train continues. I bash sony all the time lol I have no emotional investment in the company nor do I have money invested in them. This isn't even about playstation lol this is about the overall company. If it makes you feel better about your clueless posting earlier, go right ahead, imagine that I'm being 'defensive' of sony 

your or my love for their products have nothing to do with this. This is a pretty straight forward business situation. I actually entered this thread hoping to discuss the numbers and their impact going forward but sadly walked into a console warfare bs. The overall loss forecast is nicely detailed in the financials notes. Give it a read and I'm not saying this in a snarky way. There are a lot of expenses involved with restructuring. These are great smart steps taken by Kaz and bodes well for the future of the company. 

Anywho i'm done with this..gonna finish watching Pacers vs Blazers game and then grab some dinner. 

1) Bring me the links buddy, I googled it, nothing comes up. The only HQ they bought in 2013 was their playstation HQ.

2) You've gotta be kidding me right? You're the hopeless case here. You're SERIOUSLY telling me that having more debt then all of their assets+cash combined. That having more debt then Microsoft, Apple, Google, etc which are ALL MUCH MUCH bigger companies then Sony. 

Wait, here's a better question, do YOU even know how much debt they have? Seriously, take off those sunglasses and look at the real world. If you're trying to argue with me that Sony overall debt (over 157B$) is normal, name me ONE corporation that has that much debt as of today. One, I beg you. Keep calling me an idiot buddy, you're making yourself look ridiculous here.

3) Again, you failed to address the fact that they've been laying off people constantly for the past couple years. They laid off 10k people in their FY 2012, another 5k people this year and so on. 

4) Are we even looking at the same numbers? Sony is healthy? The only divions that i'd call healthy would be their insurrance and gaming divions. Their mobile division is doing decently. They lost billions and billions of dollars over the last 4-5years. Very healthy company indeed. 

I can't believe that you're even arguing the fact that sony is healthy or not. Ask anyone, any analysts, any investors, if they think that Sony is healthy. 

5) Again, yes, these moves needed to be made for Sony's future. However, I have some difficulty understanding how you can't acknowledge that, had Sony been actually healthy, they could have easily gotten rid of the fat without losing 1B$+. And if Sony was actually healthy, they would be posting umm.... you know?.... profits? 



Predictions for LT console sales:

PS4: 120M

XB1: 70M

WiiU: 14M

3DS: 60M

Vita: 13M

benji232 said:
M.U.G.E.N said:


1. Never said you're a dumbass..but you Finally after all that hard work you put in found one major acquisition but can't find any other purchases they made. I dunno man..if the hat fits. Small steps pal..keep it up

2. You have issues understanding simple english and logic. Let me break this down for you so even you might understand it. Selling an office building such as that is for two reasons. One, money. Two, expenses...companies do this all the time. Immediate need for cash + long term profitability of the said asset are things that will get considered in such situations.

Not sure why you are so hung up on this. Did you work in the building? lol And wait are you actually surprised a large company has debt? Like no way man... -_- I seriously feel like I'm talking about this with a hopeless case here. You keep repeating normal business practices like something unique. I never said Sony was in a fantastic financial situation. I was laughing at your silly attachment to them selling a building. When they have bought buildings, factories and also invested in other new businesses. bu bu bu dat one building doe lol 

3. umm I never said laying people off was a 'good' thing. i said it was something that was needed and overall is good for the long term health of the company. From the top of my head I believe sony has around 150k workers. When restructering happens, lay offs happen. It really sucks for those affected. But this is needed. 

4. lol who said just 'vaio'? Sony is in a pretty good condition in most of their divisions. Again look up the financials. See what they are earning in other divisions and then you will understand why Kaz is making the moves he is making. One of Sony's biggest problems is lack of focus. They need to focus on their strengths going forward. Remove the excess useless factors is essential. When a company has many divisions, if one division is unhealthy compared to others, they get cut. Seriously...not a difficult concept to understand

5, see clueless train continues. I bash sony all the time lol I have no emotional investment in the company nor do I have money invested in them. This isn't even about playstation lol this is about the overall company. If it makes you feel better about your clueless posting earlier, go right ahead, imagine that I'm being 'defensive' of sony 

your or my love for their products have nothing to do with this. This is a pretty straight forward business situation. I actually entered this thread hoping to discuss the numbers and their impact going forward but sadly walked into a console warfare bs. The overall loss forecast is nicely detailed in the financials notes. Give it a read and I'm not saying this in a snarky way. There are a lot of expenses involved with restructuring. These are great smart steps taken by Kaz and bodes well for the future of the company. 

Anywho i'm done with this..gonna finish watching Pacers vs Blazers game and then grab some dinner. 

1) Bring me the links buddy, I googled it, nothing comes up. The only HQ they bought in 2013 was their playstation HQ.

2) You've gotta be kidding me right? You're the hopeless case here. You're SERIOUSLY telling me that having more debt then all of their assets+cash combined. That having more debt then Microsoft, Apple, Google, etc which are ALL MUCH MUCH bigger companies then Sony. 

Wait, here's a better question, do YOU even know how much debt they have? Seriously, take off those sunglasses and look at the real world. If you're trying to argue with me that Sony overall debt (over 157B$) is normal, name me ONE corporation that has that much debt as of today. One, I beg you. Keep calling me an idiot buddy, you're making yourself look ridiculous here.

3) Again, you failed to address the fact that they've been laying off people constantly for the past couple years. They laid off 10k people in their FY 2012, another 5k people this year and so on. 

4) Are we even looking at the same numbers? Sony is healthy? The only divions that i'd call healthy would be their insurrance and gaming divions. Their mobile division is doing decently. They lost billions and billions of dollars over the last 4-5years. Very healthy company indeed. 

I can't believe that you're even arguing the fact that sony is healthy or not. Ask anyone, any analysts, any investors, if they think that Sony is healthy. 

5) Again, yes, these moves needed to be made for Sony's future. However, I have some difficulty understanding how you can't acknowledge that, had Sony been actually healthy, they could have easily gotten rid of the fat without losing 1B$+. And if Sony was actually healthy, they would be posting umm.... you know?.... profits? 

you went from can't find any buildings to just found one...to can't find any other Q..you're basically being a joke now and not even a funny one. If you can't find any other buildings they bought blame your sucky skills..I'm not gonna do the work for you. it's embarassing at this poiint really

I think it's called take off goggles..not sun glasses lol haven't heard that one before. here's a clue Eisntein...I never said Sony was in a great condition. Let that settle in and blow your mind for a bit. They have been in real trouble with two of their divisions, tax issues etc. Not the first time I have talked about this. 

I never called you an idiot either lol Is this some kind of scenario where you are calling yourself names? hahaha I didn't call you an idiot nor did I call you a dumbass, both of which you are accusing me of ....I'm not gonna get into you self confidence issues here man, that's all on you

I already addressed the layoffs..they were needed. No financial analyst in their right mind would say other wise. It sucks for those who lost the jobs but sony should have done this even earlier. There is no 'so on'. lol they should gotten rid of them or even more even before this. better late than never. 

health of a company depends on their future outlook. Yes they are healhty. Imaging, movies, gaming, music and financials will all do good for them going forward. And yes I went over the financials on the day they released. Even discussed them a bit on gaf. 

You have caught some feelings over sony and people calling you out on your dumb comments. Not my fault. It's a business. You need to be objective in understanding the numbers. I care not for sony as a company at all. you are so clueless that you actually think a 'healthy' company if were to get rid of a large section of their business + spin off another as a subsidiary won't involve large expenses....hilarious

Anywho for the last time I'm done wasting time with you..you are too emotionally invested in the sony vs nintendo nonsense I think ..shame



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For All News/Info related to the PlayStation Vita, Come and join us in the Official PSV Thread!

M.U.G.E.N said:

1. Never said you're a dumbass..but you Finally after all that hard work you put in found one major acquisition but can't find any other purchases they made. I dunno man..if the hat fits. Small steps pal..keep it up

Maybe you could just post some links? Not saying I disagree with you, but it'd certainly help wrap up this back-and-forth much faster. As an outsider looking in, it seems kind of odd to make a claim without backing it up. It'd also be a nice perspective for some of the less business-savvy people here (like myself).



NNID: Zephyr25 / PSN: Zephyr--25 / Switch: SW-4450-3680-7334

Super_Boom said:
M.U.G.E.N said:

1. Never said you're a dumbass..but you Finally after all that hard work you put in found one major acquisition but can't find any other purchases they made. I dunno man..if the hat fits. Small steps pal..keep it up

Maybe you could just post some links? Not saying I disagree with you, but it'd certainly help wrap up this back-and-forth much faster. As an outsider looking in, it seems kind of odd to make a claim without backing it up. It'd also be a nice perspective for some of the less business-savvy people here (like myself).


He already backtracked..he said he couldn't find any but he already found one building lol and it's a HUGE one too :D

here first result when you google 'sony buys'

http://www.polygon.com/2014/1/31/5364592/sony-buys-renesas-factory-wii-u-edram

took me 5 seconds. These companies sell and buy assets all the time. I am spending even this much time because you're asking for it and not him. that's all from me on the topic



In-Kat-We-Trust Brigade!

"This world is Merciless, and it's also very beautiful"

For All News/Info related to the PlayStation Vita, Come and join us in the Official PSV Thread!

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LOl it is but what im saying is they revamped it and it isnt gonna lose tht much itll prob be a lil profit



M.U.G.E.N said:


He already backtracked..he said he couldn't find any but he already found one building lol and it's a HUGE one too :D

here first result when you google 'sony buys'

http://www.polygon.com/2014/1/31/5364592/sony-buys-renesas-factory-wii-u-edram

took me 5 seconds. These companies sell and buy assets all the time. I am spending even this much time because you're asking for it and not him. that's all from me on the topic

I didn't want to take a side, I was just curious. Business isn't my forte, but I enjoy reading about it.

Thanks for the link!



NNID: Zephyr25 / PSN: Zephyr--25 / Switch: SW-4450-3680-7334

Super_Boom said:

I didn't want to take a side, I was just curious. Business isn't my forte, but I enjoy reading about it.

Thanks for the link!

You're welcome :) 



In-Kat-We-Trust Brigade!

"This world is Merciless, and it's also very beautiful"

For All News/Info related to the PlayStation Vita, Come and join us in the Official PSV Thread!

sales2099 said:
Angelus said:
Frankly, I don't know how Sony keeps losing money. Don't they know they could just ask all their PlayStation fanboys to donate money to help get them out of the hole? I mean come on....their cult following puts even Star Citizen to shame.

They have a donation program for PS fans to contribute. It is called PS Plus ;)

Not that I am any better, been donating to MS for a while now lol.


Sad thing is, MS doesn't give you any love back. Sucks to be you! And please, save me the sad "but, but, Defense Grid..." excuse. 



X1Gates said:
Imaginedvl said:
Normchacho said:
didn't they just get upgraded? Stock is going up, PS4 is selling better than expected. The outlook is actually better than it has been in a number of years. People just see one number and think that's the whole story.

I believe it is the opposite, you see their stock going up and you believe that's the whole story.

What about all the money they lost during the past few months/years and what about the next quarter? This one was bad even with the launch of the PS4, imagine the next one... The stock went up because they announced their intention of selling their PC division, not because of the PS4... And it is just another tentative from Sony to stop bleeding money; it is too early to say if things are going to be better.

Do you have a degree in economics? Do you work in the finance sector? If you answered no two both then what I need you and all the other nintendo/xbot drones is to STFU. People have been saying Sony will go out of business for a long time but they are around still to this day. All these people who know nothing of business or hold a degree in these sectors wade in with their two cent. If you knew anything you would be working for Sony and not be online getting a hard on from the thought of Sony going bust.

Obviously reported for the post but also for the alt account....

As far the degree in economics, nobody needs a degree in economics to understand Sony's situation... You can choose to ignore it or and to just see it from a gamer point of view but the reality will not change :) You know, all the people who lost a LOT of money because of Sony's leadership (those people with degrees in economics) in the past few years did not have a degree in economics but they can pretty much understand what everybody means by Sony being a total mess and bleeding money (very simple maths here)...

Also, forums are not really a good place for you if you believe that only domain "experts" may have an oppinion, discuss about a topic or even understand what is going on. And you know that this has nothing to do with the Playstation brand but Sony as a company.