kowenicki said:
binary solo said:
kowenicki said:
binary solo said:
Gilgamesh said:
Well it's not looking good obviously, thread after thread I'm getting more and more discouraged that my favorite gaming company is doing worst and worst (A lot of double words there). There doesn't seem to be anything big for the future on other Sony gadgets except for the PS4, so can Sony afford to release a console that will cost them money for maybe another year? will they attempt at a profitable console?
It really seems like the PS4 is the only thing they have left up there sleeves (if there's something else out there that there working on that looks like it can make them some good profit please let me know so I can keep an eye on it), so if it does horrible could this bankrupt Sony? Could it be the end of Sony's gaming division? it's really scary I'm to old to develope another hobby!
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Why would Sony get rid of the only division that's currently profitable?
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Incorrect
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Fair point. But the point still stands, why ditch a profitable division (even if only slightly so) as a strategy for improving the company's performance?
The good news there is that there are more departments in +ve operating income territory than -ve. And Devices went from negative to positive. But what happened to MP&C, and what is MP&C? Massive increase in revenue, massive drop in operating income. Pictures dropped the ball a bit but I think Q3 should be better with some movies grossing quite well. Skyfall is creaming it, highest grossing Bond movie ever. And Resident Evil has made buckets of cash outside the USA.
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MP&C is essentially mobile phones. Massive increase in revenue as they now own 100% rather than 50% since buying out Ericsson.
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They're putting a lot of cash in the mobile division. Kaz said that games, mobile and cameras would be their key divisions to return to profitability. Their smartphone portfolio increased a lot last year, so they probably invested heavily in R&D too. The debt to buy Ericsson is included in this figure?
