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Forums - Sony - Sony stock 24 year low. "No turnaround in sight".

Seece said:
theprof00 said:
kowenicki said:

ok so now knock of the tv losses of about 1bn per year and you are in a loss situation, before any other losses they incurred... believe me there are some.

If you really believe the only problem sony had this last year was the tsunami there really isnt any point talking to you.  No tsunami this next financial quarter, lets see how they do,  then the quarter after... and the quarter after.

Suffice to say not a single analyst agrees with you, nobody in charge of sony agrees with you and the government of Japan dont agree with you.

Also, you are a crude and disgusting person for saying that there isn't a Tsunami next quarter. You are seriously messed up. Seek therapy.

 

Seriously, wtf? You completely misread his post. He is saying Sony had a bad Q this Q, and the next will be bad (assuming) and the next without there being a tsunami, meaning you can't soely blame the tsunami. He isn't saying anything of the sort that somehow suggests he wants or likes a tsunami or anything you can attack him for there ....

He could've said it in a much better way. It was crass and insulting.

Look, Sony lost 3 billions in factories and product.

How long do you think it takes to rebuild those factories? You think just because something happened it means there are no prolonged effects? That's like thinking a nuke doesn't cause devastation over time. It's not just that they lost money. They lost money and the means to make more money. They need to rebuild completely that entire wing of their operations.

It's not just a rude remark, it's unfounded.



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kowenicki said:

ok so now knock of the tv losses of about 1bn per year and you are in a loss situation, before any other losses they incurred... believe me there are some.

If you really believe the only problem sony had this last year was the tsunami there really isnt any point talking to you.  No tsunami this next financial quarter, lets see how they do,  then the quarter after... and the quarter after.

Suffice to say not a single analyst agrees with you, nobody in charge of sony agrees with you and the government of Japan dont agree with you.


Yes you are right tsunami isn't the only problem.

http://www.theinquirer.net/inquirer/news/2122106/sony-blames-thailand-floods-forecast-usd11bn-loss

I am not comfortable posting this because it's a natural disaster.

PS: I didn't like the tone on your 2nd paragraph. You are treating tsunami as if it was like nothing and  I agree with Prof you shoudn't have said it that way.



NoCtiS_NoX said:
kowenicki said:

ok so now knock of the tv losses of about 1bn per year and you are in a loss situation, before any other losses they incurred... believe me there are some.

If you really believe the only problem sony had this last year was the tsunami there really isnt any point talking to you.  No tsunami this next financial quarter, lets see how they do,  then the quarter after... and the quarter after.

Suffice to say not a single analyst agrees with you, nobody in charge of sony agrees with you and the government of Japan dont agree with you.


Yes you are right tsunami isn't the only problem.

http://www.theinquirer.net/inquirer/news/2122106/sony-blames-thailand-floods-forecast-usd11bn-loss

I am not comfortable posting this because it's a natural disaster.

PS: I didn't like the tone on your 2nd paragraph. You are treating tsunami as if it was like nothing and  I agree with Prof you shoudn't have said it that way.

in the article that you posted is a link where Sony is blaming it on the TV sales..

Sony said it expects TV losses to be 175 billion yen ($2.2 billion) this financial year, including a 50 billion yen impairment charge. It cut its TV sales forecast by 9 percent to 20 million sets, its second reduction this year. (from 27 to 22 to 20 million)

http://www.reuters.com/article/2011/11/02/us-sony-earnings-idUSTRE7A10UG20111102

clearly their TV divsion is killing them, cause it's the 8th straight annual loss... they think they can be back in black with that in 2014...that would be 10 years in the red with it...



 

Face the future.. Gamecenter ID: nikkom_nl (oh no he didn't!!) 

kowenicki said:
theprof00 said:
kowenicki said:

ok so now knock of the tv losses of about 1bn per year and you are in a loss situation, before any other losses they incurred... believe me there are some.

If you really believe the only problem sony had this last year was the tsunami there really isnt any point talking to you.  No tsunami this next financial quarter, lets see how they do,  then the quarter after... and the quarter after.

Suffice to say not a single analyst agrees with you, nobody in charge of sony agrees with you and the government of Japan dont agree with you.

Also, I never said it was their only problem.

"Your whole tone is that Sony is sounding its death rattle and is going to need massive overhaul to stay alive, right? You offered suggestions as to what to change but really, the only reason they are posting losses is because of the tsunami."

You agree with the economists who say that Sony needs to fix some things so that DESPITE (given your dismissal of the tsunami) any potential disasters, they'd still be making money. That is sound advice. The problem with your post is simple. That is the most general, bland sound advice that you could give to any company. You take nothing into consideration, just that there are areas that are struggling, and should be removed.

YET, your tone is of such desperate nature, and overexaggeration that it really just looks like you're ringing the death bell for Sony. Maybe that's not what you're doing at all. My point, (which you've dismissed by saying it's my only argument) is that Sony would have profitted without a tsunami, and in that context, my previous post "you post articles like this and still believe that Sony is somehow fucked in the business department", should make more sense. Sony isn't as fucked as you make them out to be.

Imagining a context where Sony hasn't had a tsunami, your article should have read something like, "sony struggling in X, needs to fix Y. They're doing pretty average, but missing a lot of opportunity". That headline, that I wrote just now <------ is what their actual situation is right now, except with a tsunami on top of it. They are not fucked. They are missing some opportunity, and doing some things wrong, but they are not desperate enough to become "first and foremost, media suppliers" (your words).

 

Also, you are a crude and disgusting person for saying that there isn't a Tsunami next quarter. You are seriously messed up. Seek therapy.

 

You sir are totally out of order with that.  Very very low blow.

It is you that is sick and disgusting, dragging a pefectly civil debate to a low level and trying to score points of a tragedy.

 

This is not a civil debate kowen, this is you trolling. You made your desires clear that they should become a media company in the OP and yet just above you say it's the tv division. Your point has shifted so much since the OP in order to sidestep your logical failures, and obvious trolling.

Again, you treat the tsunami as if it's just a statistic.

That's like saying "America is so fu***ed up. why? it's not like even like they've had a 9/11 every year"

You still can't counter that they would have made money this year. You can't counter it. You haven't said one thing that says without the tsunami they would have lost money. I don't need to bring a debate to a "low level", because you don't even understand the gravity of what happened. Hundreds of factories destroyed, irradiation, nuclear meltdown on the brink.

If I make milk, and a flood kills half my cows, I'll be in the red. Next quarter I will also be in the red because now I will either have to buy fully develiped cows, or use the cows I have, trying to raise the young ones, and mortgage my house so that I can pay my overhead.

Your point makes little sense mate. I don't NEED to drag anything down. Your points are invalid in the first place.



kowenicki said:

Operating income (pre tax profit) history:

Financial services is by far the biggest Sony business right now.

"For the last nine fiscal years, the business that accumulated more profit than the rest of sony combined"

 


and what's your point? That Sony should not cut financial services?



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Even a Xbox 360 gamer feels pity... I want Xbox 720 to compete with some one!!



Yay!!!

Ok IGN where is your Sony Doom and GLOOM Articles.



"Nintendo fan for life"

Bloomeberg wrote that article not the OP, so take it out on them.



kowenicki said:
I was looking for that Sony profit history that I posted in here and had another read of this thread... wow!! Some of the responses in here are almost hysterical.

BAD OUTLOOK: Sony Corp. more than doubled its projected annual loss to 520 billion yen ($6.4 billion), which would be its worst loss ever.

THE REASON: A massive non-cash tax charge, which the company says stemmed from revaluing U.S. tax credits that are unlikely to be used because of its string of annual losses.

THE TRENDS: This would be the fourth year of losses for Sony. It has for years been struggling to regain the swagger and creative flair that made it a dominant force in the global electronics industry in the 1980s and early 1990s.

http://finance.yahoo.com/news/summary-box-sony-sees-worst-143435632.html

So not only are things looking bad for Sony. They also don't expect things to look up any time soon so are taking a one time hit to revalue their tax credits. To put it in perspective, a $6.4B loss is roughly 1/3rd their current market capitalisation.

I don't really see how things are going to look up for them. On the one hand they have rising competition from Korea, China etc and rising costs from the current high energy prices as Japan is a huge net energy importer as well as costs stemming from rising electricity prices due to the shut-down of the nuclear reactors in Japan. Without even factoring in the appreciating Yen they are in for a rough time.





Tease.

lol some of the posts are hilarious haha

Iwata laughs!


I wander what Kaz will do to save Sony



    R.I.P Mr Iwata :'(