kowenicki said:
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Has Nintendo's stock been doing the same? If not, then its something more.
kowenicki said:
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Has Nintendo's stock been doing the same? If not, then its something more.
Was quite confused when I saw this topic's title, then I saw the date.
Anyway, Sony has risen 49.64% in just 53 days.

Kind of wish I bought some then. :P

| trent44 said: Was quite confused when I saw this topic's title, then I saw the date. Anyway, Sony has risen 49.64% in just 53 days.
Kind of wish I bought some then. :P |
Yea, Kowen seems so interested in Sony's stock. Though, I don't recall him ever making a thread when it goes up. Hmm, wonder why that is? 
The TV market is tough, despite Samsung dominating it, the profit margins are low compared to other business like white goods and enterprise PC solutions. The problem is that allot of money has to be invested to make TV's flashy so they can appeal to customers and sell, but the returns are not high so a mistake made means losses, this low profit margin has hurt the Japanese companies allot.
The problems are where initially caused by samusng and LG under selling TV's with the Same feature set as Sony, Panasonic, Pioneer, and Sharp TV's. This underselling to gain martket share damaged the profit margins that all companies could make, and now the same is happening to Samsung and LG by other newer, cheaper TV's hitting the market. Samsung has now been forced to the more premium markets to keep profitability.
This is why the top TV makers are pushing Oled and 4K TV's. Why you say, it's because only a few companies have the tech, and these TV sets will all be premium only, that's where the money is and that's where their headed despite customer thinking 4K is over kill and that it with Oled are to expensive.
Hopefully with the comming new TV tech, Oled & 4k, Sony with all their Japanese brethren will be in a better position to start making money. I just hope the botth Samsung and LG recognise their mistake and try to not ruine it again by underminding the othercompines. That way their is enough profit to be made for all. After all competition is good for consumers :)
It's weird. I'm sure currency is the reason that Sony's stock has gone up, but it seems to be affecting all these different Japanese companies differently, despite the fact that I thought they had all predicted very favourable exchange rates (which seemed absurd at the time, but is coming true now and so is helping stock?)
For example, Sony stock has rocketed up (from 11.5 to 14.5 in about 10 days); Panasonic stock has gone up a bit (from 6 to 6.75 in about 10 days) while Nintendo stock seems to be hovering around "pretty low" (12.88 at the moment). It's doing better than it was at the beginning of the month, but it hasn't seen any sustained and continuous increase like the other two have. In fact, it's lower than it was 10 days ago.
Any particular reason for this?