"Sony has always run high debt"

maybe that is exactly what is changing with Kaz at the helm

and Sony under a New Ceo is cutting 60% production of TV's and moving production over seas!

cutting 10,000 jobs rignt now, that does not include other cut's.

The fact they can always go smaller! means less operating expenses, which Kaz is already starting the cuts. selling off non profitable parts of their company, which Playstation part is profitable.

The point is the devalue of the stock means Sony can buy their stock back cheaper, and right now many people would sell, because they do not see Sony turning the company into the black for quite a long time. It works both way's a credit devalue can also benefit the company for the company may have faith in itself even if others do not. want to sell your stock, fair price above the market value!

after they sell off the production lines for TV's, downsize the work force by about 30,000 people lean an more trim Sony remember?

Kaz already stated the TV biz for their company has lost them 8 years straight! eight years worth of losses. and people think the Playstation part is going to end up taking the brunt of this restructure?

lets put it this Way, no matter how the credit rating goes, they were going to get hit massive loss on top of the recent losses in a downgrade, you don't think Sony expected this?

the fact that at the time:

Sony Corporation of America to manage its sales and operations here. Public trading on the Tokyo SE began December 1, 1958. The NYSE trade date (foreign corporation) began September 17, 1970.

many japanese did not want Sony to go public anyway, buying stock back could take them off public option if they so decided.!

Yes REALLY. It's all revenge starting for this

http://www.france24.com/en/20110920-credit-agency-standard-poors-downgrades-italy-rating-debt-eurozone

Where they claimed "political corruption."

Italy doesn't care why you don't trust Credit rating agencies, they just don't want you to trust credit ratings agencies... because their credit ratings suck.

The Australia ruling was nothing more then a populist feel good ruling, from a country that likes those.  I mean hell.

"Town officials said during the trial they hadn’t read all of the accompanying documents and relied on the AAA rating to make the decision to invest in the notes."

Essentially they sued because they were too stupid to read their paperwork.

http://www.bloomberg.com/news/2012-11-04/s-p-found-liable-by-australian-court-for-misleading-ratings.html

http://www.businessinsider.com/australian-court-ruling-on-sp-2012-11

Chances are, it gets overturned.   Credit ratings aren't some just some guy sitting in a room throwing darts at a dartboard with ratings numbers on it.

It's 70-80%  formula.   Higher in the cases of bonds like the Australian case.

and Sony currently has more market share in smartphones than Microsoft has in windows mobile.

just because you are not number 1 or 2 does not mean they cannot be a viable choice in the market.

Negative Sony thread by Kowenicki...really not sure if this is a duplicate thread or the same one I read last week?

Yep, wake me up when this has to do something with me as a gamer and not a stock holder.

the Australian court does not see it as revenge!

A breakthrough came three weeks ago when an Australian court ruled that S&P misled 12 councils in Australia by awarded a AAA rating to derivatives products created by ABN Amro which imploded less than two years after they were sold.

what your say is these credit rating agencys can police everyone else but not them selves?

come on now

if they pay back their debt, by selling off part's of their company and they shrink their workforce from just Playstation, Mobile and software and services, and man power drops from 100,000 to 65,000 sell off assets to other parts as their broken up in piece meal, they could, once again you are acting like there is no choice but one other company to take over Sony being more likely outcome than Sony settling off its debts and starting much smaller in the new market.

"The rest is pie in the sky.  Sony are a million miles from being able to do that right now."

cost cutting is not pie in the sky its almost assured to happen further since the company has been devalued to junk status.

you cannot have it both way's kowenicki, you cannot expect the current CEO that just got there to not try to save the company an as much as it can. if that means selling the TV part of their company they will. remember its no longer a core part of Sony . that is one of the things Kaz has stated to investors. that means it can an could be sold off to pay debts im sure samsung would love more production lines.

Your article has no mention of any Playstation product and thus no gaming significance what so ever.

That's not derailing, that's a valid point.

by this downgrading it will force the old guard at Sony to change, Sir Howard had that very same problem and since Sir Howard is still on the Board of Directors even now with Kaz at the helm, things are going to happen sooner rather than later. if that means further drastic cuts, if that also means stick with the PS3 for 2 more years until the R&D FOR THE ps4 BECOMES CHEAPER SO BE IT, sONY IS GOING TO DO WHATS BEST FOR THE COMPANY, LETTING THE COMPANY DIE WITHOUT DOING ANYTHING BECAUSE OF A CREDIT RATING AGENCY SAYS THE STOCK IS WORTH JUNK HAS NOT STOPPED COMPANIES IN THE PAST TO FIX THING'S AND THIS WILL NOT STOP sONY FROM TRYING .

So... you didn't finish reading my post did you?  As that's already been explained and answered in the post you replied to.

Stop argueing already disproven things.

It just leads to an endless circle if you don't bother to read... and it makes you look awful.