Stupid thread. No one is saying that or acting like that
Stupid thread. No one is saying that or acting like that
bouzane said:
Alright, so some of Sony's other divisions are losing money but the company as a whole is still profitable. Sony's movie division is losing money? You're the one making stuff up: http://www.sony.net/SonyInfo/IR/financial/fr/12q4_sony.pdf I can not comment on the current fiscal year but Bloomberg is projecting a massive increase in revenue: http://investing.businessweek.com/research/stocks/earnings/earnings.asp?ticker=6758:JP The question is not what am I on but what are you on? Actually no, the question is how does this relate to the OP? The OP is also wrong and they have failed to back up their claims. |
So why are you using Old data to prove a point on current status? And Wiki of all things? You do know that Wiki isn't considered a valid source for reliable data right? But anyway... As I was saying... Currently, Sony is not making profits and therefore... Currently, Sony is not profitable... They can be profitable all they want a year ago but we aren't talking about a year ago now are we? And what were you saying about boomberg?
Anyway... you are getting boring to argue with... Just google Sony's profits and you will see what I mean... /end of conversation (you can reply if you want to but I wont)
PC Specs: CPU: 7800X3D || GPU: Strix 4090 || RAM: 32GB DDR5 6000 || Main SSD: WD 2TB SN850
The reason? Many people like to stick their heads in the sand. A corporate conglomerate like Sony has junk status, had to sell off entire buildings to hide financial losses, and got their ass whooped in every endeavor they took on since like what? 2006? It is what it is. The name of the game in business is making $. If you're not making money you are losing. Losing less money than you did before is still losing lol.
At the end of the day OP, this is a gaming forum, so few people show interest in the financials. Even though the financials are EXTREMELY relevant to gaming.
You also then have a games media that is pathetic. Turning everything into 'console wars' And folks eat it up.
Bottomline, enjoy the games, while they last, because there are definitely changes coming to gaming as we know it. And it will be as a direct result of business decisions which effect bottomlines. Nintendo's crash and burn with Wii U has hurt them, they will have to bend towards whats profitable or break.
Bet between Slimbeast and Arius Dion about Wii sales 2009:
If the Wii sells less than 20 million in 2009 (as defined by VGC sales between week ending 3d Jan 2009 to week ending 4th Jan 2010) Slimebeast wins and get to control Arius Dion's sig for 1 month.
If the Wii sells more than 20 million in 2009 (as defined above) Arius Dion wins and gets to control Slimebeast's sig for 1 month.
Jizz_Beard_thePirate said:
So why are you using Old data to prove a point on current status? And Wiki of all things? You do know that Wiki isn't considered a valid source for reliable data right? But anyway... As I was saying... Currently, Sony is not making profits and therefore... Currently, Sony is not profitable... They can be profitable all they want a year ago but we aren't talking about a year ago now are we? And what were you saying about boomberg? |
Don't be asinine, this isn't a research paper. The source is there for you to read (you should understand how to use a wiki).
Let me get this straight, you tried to prove your point that Sony is currently not profitable by linking me to an article that states:
"Sony’s net income will probably total 30 billion yen ($305 million) in the year ending in March 2014"
Reading comprehension isn't our strong suit is it?
Shhh quiet you! Sony is perfect in all ways and can do no wrong. PS3 will continue to sell millions every year from now till eternity and end up selling 100 billion units and PS4 will take out Nintendo and MS and take over the world!
Probably because the PS3's losses are relatively small compared to the other losses the company has suffered. Yes, PS3 wasn't good financially, but them being crushed by Samsung in the TV market has hurt them more. (Heard them promoting Sony 4K today.)
Plus, causing the format war severely hurt disk sales going forward. DVD's still sell, a bit. But Blu-rays are going the way of the CD quickly. And few people buy CD's anymore (They actually used to have lots of 'music stores' everywhere!) I would like to see the percent of people that use their Blu-rays for streaming vs actually playing the disk. They were really counting on cornering the future by controlling the format.
Yahoo and Netflix are already supporting 4K. With the new h.265 standard and the spreading of Fiber, 4K will become more common as a streaming medium. I don't see disk making a comeback. The net is getting faster and the size of the files are going down by half. (Imagine making larger freeways and doubling the speed limit - well, it's better than that!) It would be as if a delivery battery system would replace power lines in houses.
Let's not forget Sony Pictures with gem's like 'After Earth.' Which isn't the biggest failure of the year, because that really bad person's (author's) movie did even worse. But financially it was a colossal failure.
Well, that's just my opinion.
TL/DR: Because it's overshadowed by larger losses.
bouzane said:
Let me get this straight, you tried to prove your point that Sony is currently not profitable by linking me to an article that states: "Sony’s net income will probably total 30 billion yen ($305 million) in the year ending in March 2014" Reading comprehension isn't our strong suit is it? |
Considering It was 458 million in the end of 2012 according to your link from wiki... As I remember... thats not exactly an upward slope they are going into... And their competitors make a ton more money than they do... Such as Samsung... Also thats projected income... It can change just as it has this year once already
PC Specs: CPU: 7800X3D || GPU: Strix 4090 || RAM: 32GB DDR5 6000 || Main SSD: WD 2TB SN850
For sony Computer Entertainment to turn a profit they need to drop a bunch of money losing products from the lineup none of which are the playstation brand, even though the ps3 lost them some money the ps1 ps2 and ps4(going on projections) should give them profits, but stuff like Walkman(seriously sony stop making mp3 players) and thier cellphones need to go. Also thier tvs dont sell well mainly cause they are overpriced and not much better then the competition, but keep in mind thier electronics devision also includes batteries, headunits for cars, sound systems, tvs, Digital Cameras, Camcorders, PCs, and tablets, alot of that stuff has Low to 0 margin like hte PCs dont make much money on them, nor do TV's. they should IMHO leave the PC market and maybe scale back in tv and audio maybe make some profitable mid range tvs instead of mid-high end only.
The ps3 was losing them money but they recently turned that around with 80mill consoles sold and AAA games and such.
Nintentacle said:
I agree with you. But even if the PS3 has support, It's still not good for Sony to loose so much money off an awesome console. |
And no one is ignoring it. End of story.