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

Forums - Sony - Sony Forecasts $1.1 Billion Loss year ending 31 march - Will it be less after huge PS success?

 

How much loss?

1,1 Billion 122 45.69%
 
1 Billion 46 17.23%
 
0,9 Billion 27 10.11%
 
0,8 Billion 23 8.61%
 
0,7 BIllion 49 18.35%
 
Total:267
ethomaz on 26 March 2014

I think the loss will be a little less than 1.1 billion but close enought to 1 billion... so no console in the world can change that... a huge successful console profits what? 300 million?



Around the Network
Augen on 26 March 2014
DD_Bwest said:
while the PS4 itself wont change much, PS+ and online purchases could play a large roll. all 3 PSN cards have been on the top sellers on amazon consistently. More and more people are buying online(higher margin) and havent we heard PS+ has more than doubled?

Ofcourse its not going to erase a loss that large. on another note, has anyone been following the yen? I know its fluctuations before have played a big part in numbers, but i havent really been following it


The yen has been roughly at 100 Yen to 1 US Dollar this past yearly fluctuating from 95 to 105. The big swing was going from 75-80 range in 2011 and 2012 to the current set up.

It is better for Sony, but I would think at this point that change is built more into their projections. We shall see.



Train wreck on 26 March 2014
jlmurph2 said:
If Sony predicted this in February then they knew exactly how much PS4 would help or not.

Sony's fiscal year ended on December 31st and they forcasted in february since that was their earnings release date (February 6th), i doubt with a month into the fiscal first quarter they knew how much the PS4 would contribute since give they announced updates to PS4 sales in late february before the Japanese release and in early march when they crossed 6 mil.  The forcast was 5 mil.



jlmurph2 on 26 March 2014
Train wreck said:
jlmurph2 said:
If Sony predicted this in February then they knew exactly how much PS4 would help or not.

Sony's fiscal year ended on December 31st and they forcasted in february since that was their earnings release date (February 6th), i doubt with a month into the fiscal first quarter they knew how much the PS4 would contribute since give they announced updates to PS4 sales in late february before the Japanese release and in early march when they crossed 6 mil.  The forcast was 5 mil.


I assure you that in February the forecast was not 5 million. Lol they would have to start taking consoles back.



Train wreck on 26 March 2014
sales2099 said:
Train wreck said:
sales2099 said:
 

Have you realized yet that an extra 2 million or whatever sold with low profit margins will do very little to dent that 1.1 billion Net loss?

PSN is not a low margin business, especially since they charged zero for the service last generation.  Also sony sold a lot of software with those consoles, 900k PS cameras (an accessory with higher margins) which tend to be the money makers for the system.  I would suggest having your own train of thought than trying to regurgitate something you cherry picked in the thread to try to prove a point.

lol I will remember this when the numbers are released. Don't let PS4 success cloud your judgement of the parent corporation.

You can remember all you want, im pointing out that the improvement will come in their operating income, not the 1.1 billion dollar loss they forcasted.  They already took a charge of 870 million dollars (20 billion additional yen for 2014 ending in March and an additional 70 billion yen for next year) for restructuring.



Around the Network
Train wreck on 26 March 2014
jlmurph2 said:
Train wreck said:
jlmurph2 said:
If Sony predicted this in February then they knew exactly how much PS4 would help or not.

Sony's fiscal year ended on December 31st and they forcasted in february since that was their earnings release date (February 6th), i doubt with a month into the fiscal first quarter they knew how much the PS4 would contribute since give they announced updates to PS4 sales in late february before the Japanese release and in early march when they crossed 6 mil.  The forcast was 5 mil.


I assure you that in February the forecast was not 5 million. Lol they would have to start taking consoles back.

Can you please link where their revised their PS4 sales upward?  Im looking at their release for the last fiscal quarter (released February 6th) and their forcast for PS4 sales is still 5 million.



jlmurph2 on 26 March 2014
Train wreck said:
jlmurph2 said:
Train wreck said:
jlmurph2 said:
If Sony predicted this in February then they knew exactly how much PS4 would help or not.

Sony's fiscal year ended on December 31st and they forcasted in february since that was their earnings release date (February 6th), i doubt with a month into the fiscal first quarter they knew how much the PS4 would contribute since give they announced updates to PS4 sales in late february before the Japanese release and in early march when they crossed 6 mil.  The forcast was 5 mil.


I assure you that in February the forecast was not 5 million. Lol they would have to start taking consoles back.

Can you please link where their revised their PS4 sales upward?  Im looking at their release for the last fiscal quarter (released February 6th) and their forcast for PS4 sales is still 5 million.


They were just under 5 million then and then sold 5.3 million on Feb 18th. You believe that they still expected 5 million by the end of March?



POE on 26 March 2014

They will lose more.



Asdrendeluxe on 26 March 2014
sales2099 said:
I guess no building sales this year to pad the losses.


Man this mean they have problem serious problem. This was his best business. The are screwed.



People they hate in the Internet thej have all small pe.....

joeorc on 26 March 2014

oh' for pete's sake:

Expects $1.1 bln net loss this year, core operations weak

* Plans separate unit for TV business, sells PCs division

* 5,000 job cuts to help lower costs by nearly $1 bln/year

TOKYO, Feb 6 (Reuters) - Sony Corp Chief Executive Offer Kazuo Hirai is seeking to cure a TV business that has lost $7.8 billion over a decade by isolating it to speed up decisions on future strategy.

http://www.reuters.com/article/2014/02/06/sony-earnings-idUSL3N0LA2ER20140206

By doing this Sony is saving about 1 billion a year!



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.