By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Forums - Sony - Sony: upping FY operating income, net income and sales

kowenicki said:
theprof00 said:
kowenicki said:
theprof00 said:
Proclus said:
So, what happens next time when they don't get extra monies from selling buildings? Are they expecting to profit next Q?

They won't need to. Notice how they said they were raising forecasts because of improved sales. The stock has been undervalued a great deal, and they've been unfairly downgraded at least once. Sony is on the road to recovery, and it's been that way for a while. Reason it took so long was because they got hammered with 2 natural disasters, on top of downgrades, and FUD.


I love this kind of level headed "analysis"

They have profitted $2bn from asset sales. 

So without that they would have had a $1.5bn loss this FY

It is right there in the opening post... sony are saying it themselves.   

That doesnt bode well given the yen has been much, much weaker than they predicted... giving a huge boost to their earnings.   Go read some analysis...

What is it with the persecution compex?    Nobody is out to get Sony, this is the reality of their predicament.

persecution complex? Do you really think Sony straight up lost 1.5b this FY for nothing? They have bills. They paid bills. They needed to restructure, they needed new R&D. They needed to pay severance packages, they needed new promotions, and they needed new marketing. This all costs money. These are initial high payments into a long-term strategy.

I don't know how you don't see this.

I'm going off what I have read, what the markets show and what the financial show and what SONY THEMSELVES said today.

You are going off what you want to be the reality.  Saying unfair downgrades and undervalued... well thats just silly.  Sony was and is still in a precarious position

They would have lost 1.5bn this year.  Thats not good.  That represents 6 years of straight losses, of a negative profit margin.  Asset sales are a one time hit.  The bloomberg article I posted in the proper Sony financial thread (dont know why this thread was required) says it all. 

That's a lie and flamebait. Good day.



Around the Network

Let's hope so.



kowenicki said:
TheBlackNaruto said:
So wait they upped the forecast from what they had already with the buildings they were selling right? So is it ONLY due to weaker yen or due to weaker yen AND improved sales(Xperia Z, PS3, games etc)????

This is positive news right?


just buildings and yen...


So nothing anywhere else made a profit? I could have swore I read somewhere they they had sold through their entire stock of Xperia Z phones and that it far passed their expectations. So that didn't help them at all? Geez that doesn't sit well.

Anyway atleast things SEEM to be goin in the right direction for them now and what they are doing. Hopefully they can turn a profit again after this, unless they take a HUGE hit in losses with the PS4 but time will tell.



The absence of evidence is NOT the evidence of absence...

PSN: StlUzumaki23

Proclus said:
So, what happens next time when they don't get extra monies from selling buildings? Are they expecting to profit next Q?

No one can predict the future. Here's a wild guess though, they sell their products. 



kowenicki said:

No its a fact.  SONY have today said that the profit is entrely due to Yen improvement and asset sales.  You have no idea what the losses are for.  No idea whatsoever, the accounts arent even out yet. 

If you want to be taken seriously in a financial discussion then you need to be more objective and not use words like "unfair" when discussing serious credit downgrades by Moodys, Fitch and S&P.

 

and flamebait...?  really?  get a grip.

The lie was "you are just going off what you want to be the reality", not your facts, hence why I bolded it, but I see now that was a waste of time.

So no, I'm not delusional or anything you're implying me to be. I'm going by my own analysis of the situation which is that they've had a lot of costs, citing restructuring and layoffs in every single report, a hard yen for 3 quarters of the year, this past quarter being still 10% under the actual value, buying numerous NUMEROUS businesses:
Gaikai ~350m
Olympus ~350m
EMI ~2BILLION$
Left Bank: ~60m
Televiva: ~40m
While investing in lots of new R&D for new products as can be seen on nearly every quarerly result.

My perspective doesn't CONTRAST from your information. So don't say things like "I'm using things I read here and there, and from Sony itself", because it doesn't negate what I just said prior to your pithy remark that, 1) They won't need to sell any more buildings, 2) that they had a LOT of costs this year and 3) they had to deal with a lot of setbacks, like being downgraded, which severely hurt them. Now we can see that their revenue is actually increasing, and products are selling better. Had they not taken those hits, they would be even better off now. The point, is that a downgrade is supposed to be done for a company who is assumed cannot adequately pay back a loan, yet they had been so close to breaking even, that when downgraded, got swamped into the red again.

And yes, the definition of flamebait is writing something that provokes a hostile response, like for example referring to some as a fanboy, in so many words... And no doubt, you are doing a good job skirting around moderation. Saying things like yesterday to pezus "trawling the forums", oh, clever clever.

And get a grip? Keep it up Kowen.



Around the Network

Tagging this to see what Sony tries to predict soon, aka the future.



How much of an impact had selling the two buildings on this result (just curious, no malicious intent)?



Well Sony have said that a lot of the money the will get from the buildings will get invested in Olympos and get used for other expansions so that most likely explain these numbers.

I am not a financial expert, but investing billions of dollars and making billions of profit sound snot logical to me.

Its like when i will buy a new car, make a big holiday vacation and make a child and expect to spare money. That wont work.
So making profit with such investions isnt so a bad thing if you ask me but i say it again i amnot an expert. Thats only my point of view as i see it.

The real question should be will this expansions and investions take fruits in the future? Thats the big question.



kowenicki said:
Talal said:
kowenicki said:
theprof00 said:
Proclus said:
So, what happens next time when they don't get extra monies from selling buildings? Are they expecting to profit next Q?

They won't need to. Notice how they said they were raising forecasts because of improved sales. The stock has been undervalued a great deal, and they've been unfairly downgraded at least once. Sony is on the road to recovery, and it's been that way for a while. Reason it took so long was because they got hammered with 2 natural disasters, on top of downgrades, and FUD.


I love this kind of level headed "analysis"

They have profitted $2bn from asset sales. 

So without that they would have had a $1.5bn loss this FY

It is right there in the opening post... sony are saying it themselves.   

That doesnt bode well given the yen has been much, much weaker than they predicted... giving a huge boost to their earnings.   Go read some analysis...

What is it with the persecution compex?    Nobody is out to get Sony, this is the reality of their predicament.


You critisized some analysts for what they said about Microsoft. He may just disagree with them that's all.

I criticized one analyst.... and since that analyst made his decision to advise his clients to sell MSFT... the shares have increased by over 10% in two weeks since.  I'm sure his clients are over the moon.

Prof disagrees with every analyst on the planet if he thinks sony is undervalued and the creidt downgrades were "unfair"... whatever that means.

lol, since I started even talking about their credit ratings and stock price their stock has doubled. I'm over the moon, myself.



kowenicki said:
theprof00 said:
kowenicki said:

No its a fact.  SONY have today said that the profit is entrely due to Yen improvement and asset sales.  You have no idea what the losses are for.  No idea whatsoever, the accounts arent even out yet. 

If you want to be taken seriously in a financial discussion then you need to be more objective and not use words like "unfair" when discussing serious credit downgrades by Moodys, Fitch and S&P.

 

and flamebait...?  really?  get a grip.

The lie was "you are just going off what you want to be the reality", not your facts, hence why I bolded it, but I see now that was a waste of time.

So no, I'm not delusional or anything you're implying me to be. I'm going by my own analysis of the situation which is that they've had a lot of costs, citing restructuring and layoffs in every single report, a hard yen for 3 quarters of the year, this past quarter being still 10% under the actual value, buying numerous NUMEROUS businesses:
Gaikai ~350m
Olympus ~350m
EMI ~2.2BILLION$
Left Bank: ~60m
Televiva: ~40m
While investing in lots of new R&D for new products as can be seen on nearly every quarerly result.

My perspective doesn't CONTRAST from your information. So don't say things like "I'm using things I read here and there, and from Sony itself", because it doesn't negate what I just said prior to your pithy remark that, 1) They won't need to sell any more buildings, 2) that they had a LOT of costs this year and 3) they had to deal with a lot of setbacks, like being downgraded, which severely hurt them. Now we can see that their revenue is actually increasing, and products are selling better. Had they not taken those hits, they would be even better off now. The point, is that a downgrade is supposed to be done for a company who is assumed cannot adequately pay back a loan, yet they had been so close to breaking even, that when downgraded, got swamped into the red again.

And yes, the definition of flamebait is writing something that provokes a hostile response, like for example referring to some as a fanboy, in so many words... And no doubt, you are doing a good job skirting around moderation. Saying things like yesterday to pezus "trawling the forums", oh, clever clever.

And get a grip? Keep it up Kowen.

 

Sorry, but you are wrong.

As will be seen from the accounts when they are published.

 

Wrong about what? That they spent over 3B$ US on new acquisitions?
That there fiscal quarter reports have shown over a hundred million in one quarter for restructuring?
That their reports have shown, along with statements, that they were spending a lot in new R&D for products across the board? That such R&D has led to good products like the xperia Z?
That Sony won't have to sell any more buildings, now that
1) yen will be up 10% more
2) Don't need to buy anything
3) Sales are way up
4) No more restructuring costs
5) No more rebuilding from natural disasters
6) great new consolidated product range

etc etc

It's funny how last quarter (quarter 3) you predicted a profit for them and I predicted a loss. In fact, every quarter this FY I've been more accurate in predicting their results than you have. Shall I get the links?