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Forums - Sony - Sony's FY2012 Earnings: $458m Profit (FY); 3.4m PS3+PS2 (Q4); 1.3m PSV+PSP (Q4)

Cj2i3 said:
@ethomaz
Lol, I figured that. Which is fine the more GT sells the better it's probably around 9.250 or possibly 9.3. Hopefully we get a few updates on the 15th and I'm sure PD will want to share some of it's accomplishments.

It is probably near or over 10 million now.

The game is selling more than 15k per week... and in the holidays it was selling over 50k per week... this is like GT games sells every year.



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Is this right? From NeoGaf:

Sony's debt

Long-term debt

2012: 748,689b Y
2013: 915,032b Y
2013: 9,734b$

They added another $1.7 billion is debt? How are they even doing that? Their consumer electronics division still seems like it's bleeding tons of money and the game division is barely breaking even, it's their life insurance (lol) division that's carrying the company.

Sony seems to be conceeding the Vita is a flop judging by their sales forecast for it.



damn, PS3 is selling like hotcakes!



Soundwave said:


Is this right? From NeoGaf:

Sony's debt

Long-term debt

2012: 748,689b Y
2013: 915,032b Y
2013: 9,734b$

They added another $1.7 billion is debt? How are they even doing that?

Sony seems to be conceeding the Vita is a flop judging by their sales forecast for it.

This is long-term debt but th short-term debt decreased in almost the same ($1.7b).

They are just fixing the problems and that seems to be working... they have to do that.



ethomaz said:
Soundwave said:


Is this right? From NeoGaf:

Sony's debt

Long-term debt

2012: 748,689b Y
2013: 915,032b Y
2013: 9,734b$

They added another $1.7 billion is debt? How are they even doing that?

Sony seems to be conceeding the Vita is a flop judging by their sales forecast for it.

This is long-term debt but th short-term debt decreased in almost the same ($1.7b).

They are just fixing the problems and that seems to be working... they have to do that.


So basically they still managed to add almost $2 billion in debt even after selling those two huge buildings? WTF ... they're like a debt magnet or something.



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@Soundwave

That was the best comment found in GAF about this long-term debt...

"You can't fix all in a year. For now Kaz is doing very well. Now they need to fix Tv and Vaio segment and push smartphone segment."



Even Ps2 was flat YoY (which we all know it wasn't) then the Ps3 has 76.3m shipped



FY 13 FCT PSP/PSV 5.0 Million. Wow.



ethomaz said:
@Soundwave

That was the best comment found in GAF about this long-term debt...

"You can't fix all in a year. For now Kaz is doing very well. Now they need to fix Tv and Vaio segment and push smartphone segment."

Yeah they need their smartphones to take off, everything looks like a trainwreck.

Honestly video games as a business doesn't seem that profitable to me if Sony still can't pull large profit from it even with solid PS3 sales.

Nintendo's the only one in the last 10 years or so that seems to have made any serious money from the game business and that was on the back of the Wii craze.

Games just seem like a drop in the bucket to Sony and Microsoft or a liability at worst.



Soundwave said:

So basically they still managed to add almost $2 billion in debt even after selling those two huge buildings? WTF ... they're like a debt magnet or something.

Long-term debt... they removed ~$2 billion from the short-term debt that is what was killing the company right now.

Now they really needs to improve the things in the not profiable divisions.