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Forums - Sony - Sony PS4 Gives Hirai Shot at Profit as Risk Falls: Japan Credit (Bloomberg - VGC gets a mention)

"Goldman Sachs Group Inc. cited growth of the $50-a-year PlayStation Plus service, which allows gamers to play online, as one of the reasons for increasing its outlook for Sony’s operating profit this fiscal year to 230 billion yen, from 34.8 billion yen, according to a March 31 report. That compares with a 240 billion yen analyst consensus and the 80 billion yen that Sony forecasts for the year just ended."

i thought they forcasted a 1.1 billion dollar loss for the year?



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kowenicki said:

They then also need to be able to forecast a healthy profitable year going forward to March 15 as he basically has no more cards left to play. Any future revisions downwards again wont be received well.

Looking better.

Is that even possible, I thought the reconstruction plan was a 2 year thing and will end around 2016?



VGC on Bloomberg?!?

Started from the bottom now we here!



Hirai needs to focus on investing instead of selling. Plus they need to cut divisions that are not making money. Good for ps4 though.



TL:DR

What's the percentage chance of bankruptcy now?

AAA or Junk?



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EB1994 said:
VGC on Bloomberg?!?

Started from the bottom now we here!


Vgchartz will grow more and it needs to start tracking digital numbers.



kowenicki said:
bananaking21 said:
"Goldman Sachs Group Inc. cited growth of the $50-a-year PlayStation Plus service, which allows gamers to play online, as one of the reasons for increasing its outlook for Sony’s operating profit this fiscal year to 230 billion yen, from 34.8 billion yen, according to a March 31 report. That compares with a 240 billion yen analyst consensus and the 80 billion yen that Sony forecasts for the year just ended."

i thought they forcasted a 1.1 billion dollar loss for the year?


Its April the 11th.  We are in a new fiscal year.  The last fiscal year finished 31st march.


i know, i just assumed they were talking about the previous fiscal year since results arent out yet. thanks for clearing that up though. 



Yay for VGC numbers!



Sony slightly undoomed?



If you demand respect or gratitude for your volunteer work, you're doing volunteering wrong.

MohammadBadir said:
Yay for VGC numbers!





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