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Forums - Sony Discussion - SONY set to JUNK status

DirtyP2002 said:
If I were Sony...

- I would sell the TV division (use that money to pay debt)
- I would sell the camera-division (use that money to pay debt)
- I would sell the audio-stuff/ BluRay-players etc. (use that money to pay the debt)
- I would kill the Vita
- I would create a unique tablet for Windows 8
- I would keep investing in smartphones
- I would make Playstation / smartphone / tablet benefit each other
- I would make a deal with Samsung / LG that their TVs will be bundled with a PS4 at launch
- I would keep the movie studio and sell some parts of the music business.
- I would try to get a stand in the medical business

So Sony would get a lot of cash to pay some of the debts. They would have 3 product lines for consumers and that is it. Playstation, smartphone and tablet. They would have a real focus then. The other stuff is only for content (music / movies / games). Then I would try to expand Gaikai on Samsung, LG and Sharp Smart TVs. This should be included in their tablets, playstation and smartphone as well.

The medical business would be someting else and needs to grow sustainably and NOT rushed.

That would be a start.

- Their camera division is one of their most successful divisions.
- Killing the Vita = Horrible long term effects. We also have no clue the system is really a financial burden or if the weak postings from the gaming division is caused by R&D ramping up.
- Making Playstation/Smartphones/Tablets benefit each other has been an ongoing process. You haven't been keeping up with things.
- PS3 bundled with competitor TV's wouldn't work. I say this because it's cheap to bundle your systems with your tv's, I can't imagine it being cheap with someone elses. 



4 ≈ One

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They should just drop out of the TV and Laptop business.



Dgc1808 said:
DirtyP2002 said:
If I were Sony...

- I would sell the TV division (use that money to pay debt)
- I would sell the camera-division (use that money to pay debt)
- I would sell the audio-stuff/ BluRay-players etc. (use that money to pay the debt)
- I would kill the Vita
- I would create a unique tablet for Windows 8
- I would keep investing in smartphones
- I would make Playstation / smartphone / tablet benefit each other
- I would make a deal with Samsung / LG that their TVs will be bundled with a PS4 at launch
- I would keep the movie studio and sell some parts of the music business.
- I would try to get a stand in the medical business

So Sony would get a lot of cash to pay some of the debts. They would have 3 product lines for consumers and that is it. Playstation, smartphone and tablet. They would have a real focus then. The other stuff is only for content (music / movies / games). Then I would try to expand Gaikai on Samsung, LG and Sharp Smart TVs. This should be included in their tablets, playstation and smartphone as well.

The medical business would be someting else and needs to grow sustainably and NOT rushed.

That would be a start.

- Their camera division is one of their most successful divisions.
- Killing the Vita = Horrible long term effects. We also have no clue the system is really a financial burden or if the weak postings from the gaming division is caused by R&D ramping up.
- Making Playstation/Smartphones/Tablets benefit each other has been an ongoing process. You haven't been keeping up with things.
- PS3 bundled with competitor TV's wouldn't work. I say this because it's cheap to bundle your systems with your tv's, I can't imagine it being cheap with someone elses. 

Killing the Vita 

ok why the hell would Sony go and do something like that when the trends in gameing forward are mobile devices connected to Hubs?

you do not think for one second that Sony would not put the PSVita inside the package with the PS3 and sell it as a bundle. you do not think thats what they are intending to do anyway, with their recent moves of cross buy, cross play, PSN+ access for both platforms and Mobile devices like the playstation Mobile platform.?

The fact that not every where in the market is Sony loosing money on every PSVita sold. and a bundle PSVita+PS3 for $399.00 you do not see that being made ?

when the trends are MOBILE HANDHELDS CONNECTED TO HUBS IS WHAT IS MOVING FORWARD NOT JUST BECAUSE OF NINTENDO is doing it, BECAUSE EVERYONE WAS MOVING TOWARD THAT VERY SAME THING anyway!



I AM BOLO

100% lover "nothing else matter's" after that...

ps:

Proud psOne/2/3/p owner.  I survived Aplcalyps3 and all I got was this lousy Signature.

joeorc, I seem unable to reply or quote on this forum, so I always need to do fresh posts, but...

I'm not quite sure what you're saying. It has nothing to do with what the CEO is doing, Sony's situation is getting worse. I felt they were junk (from an investment perspective only) months ago. They are making a profit as a complany, but their interest payments on their debt is greater than their profit, so their debt is growing. There is almost no way out of the hole. Investment advisors tend to be reactionary and not see things until after they happen, but this rating should have been on there some time ago. There is nothing corrupt about these ratings....they just should have been this way before Sony started hopelessly hacking away at their company.



TheLastStarFighter said:
joeorc, I seem unable to reply or quote on this forum, so I always need to do fresh posts, but...

I'm not quite sure what you're saying. It has nothing to do with what the CEO is doing, Sony's situation is getting worse. I felt they were junk (from an investment perspective only) months ago. They are making a profit as a complany, but their interest payments on their debt is greater than their profit, so their debt is growing. There is almost no way out of the hole. Investment advisors tend to be reactionary and not see things until after they happen, but this rating should have been on there some time ago. There is nothing corrupt about these ratings....they just should have been this way before Sony started hopelessly hacking away at their company.

its one thing to rate the company this way, and Sony does deserve it, but on the same token to rate downgrades so fast as to evade the outlook of restructureing effects of a proactive CEO taking measures that other CEO's did not take under the helm to fix current problems, and yet not give the restructing any real  chance to see a turn around and to downgrade the stock so fast that it makes said company very unlikely to recover in a meaningful way in the short term to mid term for turn around when the company itself out right told the credit agencys how and the effects of their restructuring is being taken. but the credit agencys are not going to give the restructure any Merit, thus the downgrade even sooner rather than later to see if it pans out for change.

if people in charge are hedge fund managers do you honest think there is no manipulation going on in the market?

you pointed out this:

" but their interest payments on their debt is greater than their profit, so their debt is growing. There is almost no way out of the hole. Investment advisors tend to be reactionary and not see things until after they happen, but this rating should have been on there some time ago."

why was it not? was that because they were being nice? not stiff enough, why now?

you cannot have it both ways, they turned over a new leaf and now are being more proactive in their projections, hey how about a credit rating on a credit rating agency? would they apply the same points of docking their own rating for not being better at their job?



I AM BOLO

100% lover "nothing else matter's" after that...

ps:

Proud psOne/2/3/p owner.  I survived Aplcalyps3 and all I got was this lousy Signature.

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joeorc said:
kowenicki said:
joeorc said:
kowenicki said:
joeorc said:

S&P and Fitch accused of market manipulation in Italy
Italian prosecutors have filed charges against Deven Sharma, the former president of Standard & Poor’s, and six other credit rating officials for issuing downgrades that destablised the country and fuelled the debt crisis.

12 Nov 2012

 

 

If the Trani judge gives the go-ahead, it could be a test-case for dozens of other efforts to sue the credit rating agencies. Despite widespread criticism for failing to realise the debt they were rating as AAA was highly toxic, the agencies have so far managed to protect themselves from prosecution by claiming that their ratings are only opinions. In America, they have claimed protection under free speech rules.

More than 60 cases against the agencies are thought to have been filed around the world following the financial crisis but none with much success.

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.

In July, McGraw-Hill, the American owners of S&P, admitted in a filing that US regulators, including the Securities & Exchange Commission and the Department of Justice, are investigating S&P’s ratings of structured products.


http://www.telegraph.co.uk/finance/financialcrisis/9672943/SandP-and-Fitch-accused-of-market-manipulation-in-Italy.html

 

"According to Adusbef and Federconsumatori, the three rating agencies, which are investor-driven companies, manipulate the financial markets to benefit their investors, and thus create a conflict of interest. 


“The world's biggest fund management companies are among the rating agencies' shareholders. Warren Buffet's Berkshire Hathaway, Fidelity, State Street, Blackrock and Morgan Stanley Investment are just a few of Moody's shareholders. Moody's is being used by its shareholders to influence the market so to increase their share value and profits,” Avallone added.


The Italian court of accounts has estimated that the three agencies caused damages of over 120 billion euros to Italy's economy from May to November 2011. "

http://www.presstv.ir/detail/2012/07/26/252919/moodys-accused-of-giving-false-figures/

 

Whats your point?  That the ratings agencies were too soft in the past and need to be harder and more analytical?  I agree.  Hence Sony now has Junk status.

This relates to banks and the hiddent toxic debts that the agencies didnt know about.  They are essentially saying they should have know about them and warned the world.  Italy would be better looking in the mirror and stop trying to blame a rating agency for years of corruption and bad fiscal management.

This is very much a case of shooting the messenger. 

"This is very much a case of shooting the messenger. "

no, its about using their company to manipulate market's , and how many people such as your self hold these agencys harmless of such manipulation.

there is a reason why many people do not post in sections that you post in. because its always a negative post. 

when the dog gets kicked so much, people tend to keep to themselves, thats why there is a lack of exciting back n forth in threads like this anymore because when your on the loosing end of every thread there is no point in going further, its not about keeping the head in the sand, its about after a while why argue about it. hey you were right about the situation, about Sony, you get a cookie, does that make you feel better about yourself?

many people asked why many ps3 fans do not post in other sections and keep to the psvita section, and its a safe haven for fanboys. well  the answer is quite simple being the butt end of pretty much all the jokes on the internet about Sonys fans kinda gets tiresome.

when many gamer's act like Sony fanboys are just getting a taste of their own medicine, than so be it its like many people just want the ps3 Fanboys are seen as the worst offenders on this site and pretty much every gamer centric site they are seen as children that need to sit down and shut up and let the big boys talk and  not say a word because we know more than you do. well guess what you and others are getting your wish, and that is one of the reasons with the many snide comments of many gamers on this forum always poking fun of anything and every thing sony just to get back at gamers, just remember what comes around goes around. more negative karma as you reap so shall you sow. 

people wonder why many ps3 fanboys do not post in sections now its because being the butt end of jokes wears thin after a while even a fanboy can figure that one out.

its your arrogance that rub's some people the wrong way. its not really about what you post.

Well all of that was a waste of your time.  I couldnt give a toss about what people say about me or my threads here.  Your explanation is weak to be honest and you come across as a bit of a victim.  If there is a constructive contra pint then makle it.  The reality is that the reason why my posts are frowned upon by many is simply because they are purely factual.  You simply cant argue with facts. You cant hide from facts and its difficult to spin them.   In other words they are the nemesis to a fan boys mind.

Anyway,

Back on topic. I was actually talking about the article you posted.  You completely missed my point.  I was saying that the article you posted was about shooting the messenger, "the messenger" being the rating agencies.  I wasnt talking about you shooting me down as a messenger.

and once again there is your arrogance, you come across as belittling any and everyone that gives you a response that is not a yes i agree with you response

"I couldnt give a toss about what people say about me or my threads here, but yet you continue: Your explanation is weak to be honest and you come across as a bit of a victim."

where am i coming across as a Victim. the counter point is the very fact that these credit agencys are under investigation right now in the same month as they are downgrading companies and are under investigation for Market manipulation.

you bring up credit agencyts as part of your post, and put in your points but so did I these credit agencys cannot manipulate the Market?

this is not just because of Sony, other companies and even countries are bing downgraded, the United states credit rating was downgraded.

but yet you do not post about these very same  credit agency's  being under investigation for market manipulation?


You are both over looking the point of joeorc post, it's not a kill the messenger thing, more like a conflict of interest thing, how hard is it to argue that joeorc? Kowen, the Italian gov can be corrupt but rateing agencies can't? Joes links make a pretty good case against them to the point where it makes this thread almost irrelevant.

This rateing topics have been the only topic fanboys have been clinging to for the whole 2012, all the rating does is affect how much Sony pay to get a loan, does not mean Sony is going belly up or don't have cash to spend on ps4 or vita, we are stll getting great games.

Just another troll topic for the fans.



zuvuyeay said:
so it sounds like they can't afford a PS4 launch to me but i suspect comapnies just keep on going til someone turns the lights out,

i wonder if they will get out of the hardware business,hard to see them dropping phones/cameras/console but TV's & Laptops,i am not sure how their laptops sell

why haven't they dropped their TV business before now?it's been so long at a loss,they must still BELIEVE

Sony CAN afford a PS4 launch, but they will have to play it smart...

Instead of a 600 dollar ultra super powerful machine selling at a loss, they can go with a 400 dollar powerful enough machine selling at cost or even with a small profit.

Instead of creating their own complex architecture with a custom CPU, they can go more for out of the box parts.

Instead of focusing on hardware, they can work on better, faster and easier to use development tools

The thing is that most of the Sony fans WANT that Ultra Super Powerful machine, with complex and unique architecture, instead of something less powerful, so they either convince their buyers that they bought the not so powerful machine, or introduce something different to disrupt the market (like the Wii did)



WindyCityHeat said:
Gaikia/streaming, Sony is banking on this tech as their trump card.

PS4 failing, much as Vita CURRENTLY is, would be the official end of Sonys participation in the console hardware market.

I've been saying it over and over and OVER again, PLAYSTATION MOBILE for android/iOS as well as gaikai streaming will be sony's future. Whether or not PS4/Vita succeed as dedicated hardware you should be ready for a strong profitable smartphone/tablet/streaming future for Sony.

Sony will most likely stay in the hardware business much like nintendo and microsoft, but to be more profitable they will 100% expand into smartphone/tablet gaming apps. There is too much money to be made in the Post-PC marketplace for ANY company to just depend on a 20th century model...

i doubt PS mobile will be sucessfull.



So guess bonds are Sonys only option. Loans are out of the question.



Xbox: Best hardware, Game Pass best value, best BC, more 1st party genres and multiplayer titles. 

 

hell for all we know Sony may

Share Repurchase their stock after they pay back debts.



I AM BOLO

100% lover "nothing else matter's" after that...

ps:

Proud psOne/2/3/p owner.  I survived Aplcalyps3 and all I got was this lousy Signature.