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Forums - Sony Discussion - Playstation Doing Great, but it's a different story for Sony - Losses 18% greater than forecast at $1.3 billion for year

tiffac on 02 May 2014
kowenicki said:

Software (music movies) financial services and Playstation.

Should have already done it tbh.

If they had ditched TV's 4 or 5 years ago they would be in much healthier position now.  billions better off.


^ This

Its a mystery to me why Sony kept the TV division that bled all their money away. I guess we should be thankful they spinned it off now and then sold their PC division.

Now they just need to lessen their media disc production and focus on online services and get it right the first time.



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Kratos on 02 May 2014
tiffac said:
kowenicki said:

Software (music movies) financial services and Playstation.

Should have already done it tbh.

If they had ditched TV's 4 or 5 years ago they would be in much healthier position now.  billions better off.


^ This

Its a mystery to me why Sony kept the TV division that bled all their money away. I guess we should be thankful they spinned it off now and then sold their PC division.

Now they just need to lessen their media disc production and focus on online services and get it right the first time.


But I like Sony TV's dont get rid of them But seriously though get rid of that TV division Sony. But keep the TV show studios. Keep making shows like Breaking Bad



PSN ID: clemens-nl                                                                                                                

Jon_Talbain on 02 May 2014

Does Sony currently take a loss on every PS4 sold?



A wolf wandering through the dark....

 

Barenziah on 02 May 2014

winning teh console warz is the main thing and gen 8 is going well so far

i'll always support japanese electronic companies over american ones,it is how i was brought up



  

I smell like the dark forest of Dwemereth in the morning mist                                                   fanboy til i'm bankrupt

Machiavellian on 02 May 2014
jlmurph2 said:
naruball said:
jlmurph2 said:
fleischr said:


Except if you really do your research, MS doesn't make one red cent on Xbox.  Nearly all of the "profits" of the Xbox division are actually Skype and Android royalties. Sure MS's holiday was great - but that was owed to a turnaround of Surface and Windows 8. X1 pushes up revenues, but doesn't contribute profits to Microsoft when all is said and done.

When it comes to the future for PS4 and X1, both are standing are far more shaky ground than most would expect. In X1's case, MS has more profitable things it could do (though the new MS CEO seems pro-Xbox for now). In the case of Sony, the iceberg is melting and everyone's about to get wet...

So Xbox Live isn't profitable? lol oooook

Xbox live is only a part of the xbox division. Are you going to  ignore the fact that there has been serious discussion about selling the xbox division? (I don't remember if it was from an investor or a CEO). There's only so much money xboxlive can make on its own. If you factor all they money they spent for first party games, advertising, tv stuff, exclusives/timed exclusives, etc, it is likely that it is actually not doing well. Especially considering how many price cuts xb1 has had so far.

Also, do you think that responses such as "lol oooook" have a place in a serious discussion? I find them very disrespectful. If you seriously disagree with someone, explain why and if you think they're not worth yout time, simply ignore them.

Just my two cents. 


You said that the "profits" of the Xbox division are Skype and Android Royalties. Xbox Live Gold subscriptions are also a part of that. There was no serious discussion of selling Xbox, there was the guy who people thought was going to be MS new CEO saying that he would heavily consider selling off the devices and bing division. He is not the CEO. 

If you payed attention to the Quarterly Earnings Kowen posted you would see that MS does "make one red cent on Xbox"

You know what I love the most about fleischr post on the Xbox not making MS any money but Skype and Android royalties do.  It was a dumb and rumor to begin with and its been disproven already but just like a lot of rumors then seem to stay alive and continue to grow for people who get their info piecemeal and never go back to fact check.



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Duderino on 04 May 2014
kowenicki said:
Sleepyprince said:
kowenicki said:
maximrace said:
How long can this continue without serious problems for them?


They have serious problems.

Junk rated and their stock is all but dead.  They are simply servicing debt (at every higher costs) and limping along.  They are also burning through assets including cash at an alarming rate.

These kinds of losses have implications.  But people here have never understood that... or dont want to understand that.

Just so you know : Sony is approx 140 000 employees, it's not Nintendo (5000 employees). Japan governement will never, ever let Sony sink. That is why no one there seem to worry about losses that much at Sony headquarter. Japan is in the top five richest country in the world. It had already happen with a lot of Japanese companies. Sony is worth 30 billion dollars, again it's not Nintendo. 

Plus, Sony is not a random japanese company. It's one of Japan's tech pride. Same goes for Nintendo, Nissan, Panasonic. Governement will never let them collapse. Don't be a fool mate, it's not just a matter of number here. We all know who would buy Playstation if Sony goes bankrupt => Samsung. It would be a shame for Japanese people to let it one of their strongest brand (Playstation) be bought by a Korean company. Hence why that will never happen, even if japanese governement has to nationalize Playstation and Xperia brand.  

If you don't see Sony panic that much, that's because there is obvious reasons. Same goes for Toyota, Nintendo 

It is a publicly listed company.

I dont have the time or inclination to go into why what you have just written is a load of old nonsense.

 


GM was publicly traded as well.  So was Citibank, etc...



generic-user-1 on 05 May 2014
daredevil.shark said:
While Sony thinks TV division is just a small blister but in reality it has turned into gangrene. They need to get rid off loss making divisions. A healthy small company is always better than a large corporation that might go bankrupt.

they cant sell the TV division, nobody will pay money for it, and sony needs a lot of money if they wanna size down. they have to much debt.



joeorc on 05 May 2014
padib said:
Sleepyprince said:

Like I said : "And really, the only thing I care about Sony is Playstation. And I do think Playstation is way too big for Sony to handle, I even made a thread about it here. I dream about Samsung buying the Playstation Brand but that will never happen. "

I'm pretty sure about what I said since I already worked as a trainee in Japanese embassy. But if you think you can prove me I'm wrong I would be glad to hear what you has to say since I dream about Playstation being bought by a more healthy company than Sony. 

He can't.

I personally prefer trust the opinion of someone who worked at a japanese embassy than a person who thinks to understand politics with arguments like "it's a publicly listed company" and I don't know what to argue anymore so I'll just say I have no time, then answer tons of other peoples' posts.

Exactly 100% 

Fact's are the board over at sony told a hedge fund billions holding company that owns 7% stake in all of Sony with the entire board voting No!

On taking the entertainment arm of sony in a public ipo bid offering , after over 9 billion, LOSS JUST IN TV ONLY BY ITSELF, people IT IS in now OVER 9, years  LOSS Straight Loss and people still seem to think mergers and acquisitions for Japan are like it is in the west?

 

Many a billion $ Hedgefund has found this out the freaking the hard way..40 straight years no company the size of sony has ever had a hostile take over by the west in 40 d@mn years. Many Japanese view it as vulturing they do not like it and trying to cowboy your way in and trying to push your way through to get your way, does not work there like the west!

Many it seem talk about a buy out, there is over 140,000 employed with a majority being japanese that many people being employed by a single company is more important to keep healthy than allow a Hostile take over by west investments holdings that to be frank and blunt many times are not japanese.

 

They feel they do not have a bearing on japanese life to be able to dictate how to run a japanese company thats best for the japanese people employed there.

 

Again the playstation part along with the entertainment arms are not for public ipo you cannot buy stock, thus with the entire board  , Again voted with 100 % of the board voting a big fat No!

Than the entire board of directors would have to be deposed which most likely is not going to happen. The dream of some on this board about playststion being bought out is pretty much never going to happen.

 

It pretty much a pipe dream by a small few that want to see it happen for quote the funny "meltdowns or the to take a certain gamer group down a peg or two" but those looking for this are in my opinion are just wishful thinking.



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.