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Forums - Sony - Sony in talks to sell PC business 'for greater smartphone push'

DamnTastic on 04 February 2014
NiKKoM said:
ow wow.. its like worth nothing... ~400 million dollar?I thought Viao was worth more than that.. for example with the MS stuff going on Bloomberg estimates that the Xbox division is worth 23 billion dollar.. surely Viao should be worth more then ~400 million

Well I think it's not the full price, like in the article they say sony will still hold some shares in vaio



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Figgycal on 04 February 2014
NiKKoM said:
ow wow.. its like worth nothing... ~400 million dollar?I thought Viao was worth more than that.. for example with the MS stuff going on Bloomberg estimates that the Xbox division is worth 23 billion dollar.. surely Viao should be worth more then ~400 million

Vaio is not a well known brand and Sony wouldn't have considered selling it if it was making them a profit.



ironmanDX on 04 February 2014
Figgycal said:
sales2099 said:
Figgycal said:
sales2099 said:
 

Current events.

They're losing a lot of money. "A sign of weakness" is for healthy company like Samsung or Google; Sony has been doing shit for the past decade.

Ok my bad, So then its a "confirmation" of weakness.

We've had a lot of confirmation over the years about why Sony is a weak company. Their credit rating dropped to junk, their stock prices reached a low of about 13 dollars when a decade ago they were in the 100's. No one was under the impression that Sony was doing well. A sign of weakness would've been when Sony posted a deficit for 5 years in a row, followed by a tiny profit in 2013. I'd like to hear what Kowenicki had to say about this (unfortunately he got banned), but I would assume that Sony stock holders would be happy with this move and Lenovo stockholders not so much.


It still wasn't operating profit. They had to sell assets then to post a profit, shares still got downgraded to junk recently. Had they posted an operating profit, who knows. Still a sign of "weakness" as Sales puts it. Stocks reflect that.

Lenovo stocks dropped a fair bit though too from the media just reporting this. Take from that what you will.

http://www.reuters.com/article/2014/02/04/us-lenovo-shares-idUSBREA1304Q20140204



Figgycal on 04 February 2014
ironmanDX said:
Figgycal said:
sales2099 said:
Figgycal said:
sales2099 said:
 

Current events.

They're losing a lot of money. "A sign of weakness" is for healthy company like Samsung or Google; Sony has been doing shit for the past decade.

Ok my bad, So then its a "confirmation" of weakness.

We've had a lot of confirmation over the years about why Sony is a weak company. Their credit rating dropped to junk, their stock prices reached a low of about 13 dollars when a decade ago they were in the 100's. No one was under the impression that Sony was doing well. A sign of weakness would've been when Sony posted a deficit for 5 years in a row, followed by a tiny profit in 2013. I'd like to hear what Kowenicki had to say about this (unfortunately he got banned), but I would assume that Sony stock holders would be happy with this move and Lenovo stockholders not so much.


It still wasn't operating profit. They had to sell assets then to post a profit, shares still got downgraded to junk recently. Had they posted an operating profit, who knows. Still a sign of "weakness" as Sales puts it. Stocks reflect that.

Lenovo stocks dropped a fair bit though too from the media just reporting this. Take from that what you will.

http://www.reuters.com/article/2014/02/04/us-lenovo-shares-idUSBREA1304Q20140204

The point was that "a sign of weakness" is taking two seconds to look up Sony on Yahoo finance and seeing how shit it's stats are. I was saying that there were tons of examples of Sony being weak before this news came out.

And poor Lenovo. They haven't even done anything :(



Puppyroach on 04 February 2014

I am getting really worried for Sony, they can´t seem to come out of the ditch they´re in. The PC business is shrinking, but Sony´s problems seem alot bigger than that.



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Blood_Tears on 04 February 2014

Yes I agree some people are very defensive on this topic but also there are others who are frothing at the mouth to get their digs in. They really enjoy this news as they feel it will help compensate them for the low sales numbers of there new favorite game console compared to Sony's...awe well..



michael_stutzer on 04 February 2014

The PC market is an unprofitable, shrinking mess right now. Eventually most companies will retreat from the PC market, only the ones with the best supply chain will survive.

They still make TVs even though they lose billions, their losses on the PCs must be huge though.



osed125 on 04 February 2014

As I said a while ago, if Sony business keeps going like this, it will become a much smaller company than it was a decade ago, they won't go into bankruptcy nor anything like that, but it will definitely be a smaller company, and that's never a good thing. 



Nintendo and PC gamer

tiffac on 04 February 2014

Okay but the real question is, will they sell the cancer known as the TV division?

Because that's been the real killer right there.



tiffac on 04 February 2014
osed125 said:

As I said a while ago, if Sony business keeps going like this, it will become a much smaller company than it was a decade ago, they won't go into bankruptcy nor anything like that, but it will definitely be a smaller company, and that's never a good thing. 


That's true but bankruptcy is worse since that's game over ^^

and if Sony is letting go of the divisions that turned them into junk. Then it should be positive for them soon after since the divisions that will remain are the profitable ones. At least it should be... but things do happen unexpectedly. :/