I can't be bothered to re-quote everything as it will turn into a mega quote thread.
But I will respond to your "cherry picking" thing. In light of that report I find it very ironic that you would say I was cherry picking when you picked the one positive while ignoring the rest of the report which was very damning.

For example you ignored these from that report

"The likelihood of a strong recovery in Sony's earnings is low, due to a massive erosion of prices, falling demand, and harsh competition."

"The outlook on the long-term corporate credit rating is negative. We base the downgrade on our view that severe circumstances in Sony's mainstay electronics businesses make a strong recovery in earnings unlikely"

"Standard & Poor's believes the major reason for the extended losses is Sony's strategy to aggressively expand its global market share despite strong competition, a massive erosion of prices, and its high cost structure compared with overseas competion"  (not the flood then?)

"Massive pressure on the prices of Sony's key products, such as flat-panel TVs and mobile handsets, is likely to continue, and the company's position in the global market is under strong pressure amid severe competition from Korean manufacturers and emerging Chinese companies"

"circumstances are so severe that Standard & Poor's believes it will be difficult for Sony to return its TV business to profitability even in fiscal 2013. Therefore, we see a low likelihood of a strong recovery in Sony's earnings in the next two years or so."

"Because of continuing net losses since fiscal 2008, Sony's profitability looks significantly weaker than that of its global industry peers"

"Standard & Poor's also believes Sony's adjusted total debt to capital (excluding finance operations) will rise to around 40% as of March 31, 2012, from 35% a year earlier."

Then to the bit which contradicts your own quote

"We expect strong price erosion and a fall in demand may delay a recovery in earnings in the company's TV segment and lead to further expenses in restructuring."

and the killer blow

"To consider upgrading the company, we would need to see Sony stabilize earnings in its core businesses and show stronger prospects for financial improvement. Given the severity of the business environment, though, we consider the possibility of such an outcome low at present."

So as a cherry picker I really picked the best one didn't I.....

As for the bonds thing again that is quite ironic that you would spin that in a positive way when they were basically forced to do that to repay the debts they have not been paying. You make it sound like they did it through choice.

But either way they can't afford to pay their debts let alone potentially foot the bill of lowering the Vita's price.
As I said can wrap it up and call it what you like, can believe and interprut it in whichever way you like. But Sony as a company are in deep financial shit. It will be interesting to see the next quarter results because it won't have none of the things you used as an excuse. But i'm sure your find one.

Big games = Casual Mainstream hits

Hardcore gamers will find games on Vita they will enjoy. Just because games aren't million-sellers, it doesn't mean they're not good.
A hardcore gamer plays more than just Call of Duty and Grand Theft Auto.

So is Uncharted: Golden Abyss a "big game" or a "hardcore game"?

I would call it a "big game" therefore saying that at least one big game has come but it may have not done much for the Vita (because it's too pricey). 

If Uncharted is not a "big game" (and therefore a hardcore game), then what are the "big games" you have identified that have "yet to come"?

You do realise you highlighted the wrong word there right? The important word there is "strong". The likelihood for a strong recovery is low. They don;t say the likelihood of a recovery is low. So there could be a high likelihood of a modest or weak recovery, but a recovery nonetheless. glass half full and all that. Though in Sony's case it might only be about 30% full.

I'm no business analyst, but poor performance in one division only means there isn't systemic failings throught the company. Loss through 1/5 divisions is far less serious for a company's prospects than losses through all 5 divisions. It's still serious, but not so serious that you can start writing the company's obituary.

Some companies also run businesses with separate divisions like semi-autonymous entities. On occasion it's good practice to avoid cross subsidy (or the reverse) by forcing a profitable division to take account of the poor performance in other divisions in its business strategy. If you force that sort of consideration on a good performing division then you can hamstring performance of that division in the medium to long term. Establishing an install base is vital for consoles, for software revenue and for 3rd party support. If 3rd parties leave PSV in droves PSV is dead, if SE decide PSV is too weak for it to get a Monster Hunter title that's a major hole in  PSV's library which 1st party SW can't hope to fill. Therefore is PSV falls to 3DS pre-cut numbers the division management need a relatively free had to do what it takes to revive sales. If they have to worry about how bad TV sales are going to be as part of their PSV strategy then PSV's fate is looking shaky.

I think Sony will pack in a memory stick with every PSV, because that's one of the key criticisms it faces. I don't think the $250 price tag in itself is facing a lot of resistance, it's the fact that you don't get a practically functional unit for that price, which I think is their mistake. If they are breaking even on PSV then they can probably afford the loss they take for giving away the smallest memory stick (if the memory stick is $20 and it's a high margin product then they are probably only losing $5-7), that way they can afford to do some game bundling deals too. I think I'd be looking into something like that rather than a price cut this year, or at least do that at E3 and if sales don't pick up enough then do a price cut for the holidays.

One Piece is just crazy! Thanks to it PS3 is the only one up both HW & SW.
It looks like NSMBW, JD3 and Zumba and its current advertising are keeping Wii somehow afloat better than Mario Party 9 launch.

Seems that the Vita is dead in Japan und US. It will be interesting to see if Sony can do something to lift the sales or if the Vita is "doomed".

Gran Turismo 5...

Sold 22,234 units this week.

7,286,754 LTD.

247,027 in 2012.

ADJUSTMENTS IN PREVIOUS WEEKS (NPD FEB)

Has it been outselling Forza for 2012?

Yeap... Forza 4 196,233 in 2012... it almost outsold F4 in 2011 too.