NewGuy said:
They needed to sell all of that stuff. Have you been to a Sony store? It's empty as all hell. Compare that to the Apple or even MS store...Laptops, needed to get rid of it. Squeenix, well, unless they could buy a majority share and control where Squeenix games would go, they needed to unload it as it wasn't doing them any good. SOE has always been more of a PC dev, so cutting the fat. With that said, you are right, it's a long road ahead and Sony needs to prove they are financially viable without selling assets. |
1. I don't think you are getting my point. Massive sales of departments can do a lot to turn a short term profit. It just isn't a viable long term strategy. Yeah, they made a quick buck this year, but what about next year? They can't sell the laptop section off again. Even with these sales their net income was still over a loss of 100B yen.
2. One of Sony's core businesses is as a security trader... It's basically their job to buy and hold stock.







