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Forums - Sony - Why Sony’s £4 billion loss isn’t the disaster it seems

Solid-Stark on 11 April 2012

Lmao! Badgenome is so awesome!



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20happyballs on 11 April 2012
logic56 said:
Kynes said:
logic56 said:
20happyballs said:
logic56 said:
Ji99saw said:
sales2099 said:
Leave it to the fanatics to make this news good news lol


^^ This lol, can't argue with logic lost money is lost money no matter the circumstances

even if they didn't do anything to obtain said money

I'm sure Sony can stomach it lol

They only obtained the asset ( or I'll say money because that's all you seem to understand), because they lost money in the first place. The government would have lessened their losses if Sony hadn't already racked up as much tax assets as they did. 

Here it is is simply.

Sony lost a lot of money. The government was gonna give them a tax break because they lost a lot of money. Sony lessened their calculated losses on this belief. But now the government will not give Sony a tax break. Sony now has to account for their whole loss.

the assest (money) was already on thier blance sheet dude. It wasn't about to be given to them and then wasn't. Don't know where you got that from

I don't know how is it in other countries, but in Spain, when a company has profits, has to pay a corporate tax of 25-30%. If you have losses, you obtain a tax asset of a 25% of the losses, so you can compensate with future profits, but you can only use it during a number of years. If you don't have profits during several years, you lose that tax asset. I believe this is what has happened here.

If you can't use that asset, it's lost money that you have to put in the balance, as it's money that you won't recover compensating against future taxes due to profits.

you got it champ

no one is arguing that this isn't lost money because it is, a loss is a loss, but it's not as bad here because the loss isn't because of their business it's because of writing off the tax assets as a loss. They already recorded the 2.96 billion in losses which is directly result of diminishing return on their business, that added to the tax asset they had to write off and you got the total 6.4 billion as seen in the other thread, it's not as bad as if the 6.4 billion was directly resulted to the company like people here would want you to believe.

Well it is a direct result of the company. Them writing off their tax assets means that they have to completely recoginize their previous losses.  There real losses.





Wh1pL4shL1ve_007 on 11 April 2012

Money lost IS money lost. You cant change that.



Yay!!!

TheKoreanGuy on 11 April 2012

The article isn't saying Sony is in a really good position. It is just saying Sony is not down for the count with this loss and they can still turn the company around. It's really gotten down to better organization and management and dissolving some of their lower profiting divisions.



VGKing on 11 April 2012

LOL at Sony haters.

Worst case scenerio, Sony stops making TVs or is reduced to competing with small-fries of the TV biz. Sony stops making cameras or is reduced to make quick bucks with cheap affordable avereage nothing special about them TVs.

Even worse case scenario, Sony stops making cameras or is reduced to make quick bucks with cheap affordable avereage nothing special about them cameras.

Best case scenario, Sony drops everything to focus on the 1 thing they're still competitive in: Gaming Division.



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bonkers555 on 11 April 2012
VGKing said:
LOL at Sony haters.

Worst case scenerio, Sony stops making TVs or is reduced to competing with small-fries of the TV biz. Sony stops making cameras or is reduced to make quick bucks with cheap affordable avereage nothing special about them TVs.

Even worse case scenario, Sony stops making cameras or is reduced to make quick bucks with cheap affordable avereage nothing special about them cameras.

Best case scenario, Sony drops everything to focus on the 1 thing they're still competitive in: Gaming Division.


LOL at Sony fans.

Always a up side with every bad news. I wonder how many people have ever been a CEO of a multi-billion company.



My Video Games Collection/Set-Up.

dallas on 11 April 2012

Well, it's bad....but I do see an increase in sales on the Sony pictures division, as blurry will get a lot more popular when the 720 comes out. Sony should also do better with its handheld compared to the current gen, and the ps4 won't come out overpriced to hell, bc the 720 will basically have the same technology. So there are signs that it won't be an absolute fekkin disaster



NintendoPie on 11 April 2012

They're are losing fake money now? Wow... just wow...



Claymore on 12 April 2012

Doesn't that make $20-25 billion they've lost over the last 4-5 years?



gottalovethis on 12 April 2012

Sony loses money from poor TV sales, US government takes away tax credits, Sony not doing well. New CEO, job cuts - workers save company by going through hardship. Shareholders rejoice, profits go up, Vita price comes down... gamers and everyone on VGChartz is happy.

See... things always works out - even if the little guy has to be dumped on.