Locked: Sony should admit bankruptcy...

eyeofcore

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eyeofcore on 31 October 2014

Ka-pi96 said:

eyeofcore said:

uran10 said:
Sony is pretty darn close to bankruptcy... Especially if they continue to bleed money like this. Quite frankly I want it to happen so I can have a ball... the entire industry would suffer but Japanese third party would have no choice but to work with nintendo so its a win/win for me :)

It would actually be a win for Japanese third party...

How so? The Japanese 3rd parties that sell games on PlayStation do so because they just don't sell anywhere near as much software on other consoles. They've tried, it didn't work. No Sony would be a big blow for Japanese console gaming.

Don't be narrow, without Sony it would shift to Nintendo...

One console and handheld is easy to support than two of each...

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bubblegamer on 31 October 2014

Well we can see why you're not running a corporation.

Conina

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Conina on 31 October 2014

eyeofcore said:

Conina said:

eyeofcore said:

Conina said:
Didn't Nintendo have a higher market cap than Sony earlier this year? Where do they stand now?

It seems that investors still see a higher potential in Sony in spite of their current financial situation.

Nintendo and Sony market cap is similar...

http://ycharts.com/companies/NTDOY/market_cap

http://ycharts.com/companies/SNE/market_cap

13 and 20.7 are similar?

It changed thought...

http://www.forbes.com/companies/nintendo/

Ninty 16.62B$...

Yes, it changed. From $16.62 B to $12.95 B

eyeofcore

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eyeofcore on 31 October 2014

Ka-pi96 said:

eyeofcore said:

Ka-pi96 said:

How so? The Japanese 3rd parties that sell games on PlayStation do so because they just don't sell anywhere near as much software on other consoles. They've tried, it didn't work. No Sony would be a big blow for Japanese console gaming.

Don't be narrow, without Sony it would shift to Nintendo...

One console and handheld is easy to support than two of each...

I don't think it would. Without Sony I'd expect Japanese 3rd parties to shift mostly to mobile and tablet games, with a few going for PC.

What you wish for, not what would happen...

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DD_Bwest on 31 October 2014

Ka-pi96 said:

eyeofcore said:

What you wish for, not what would happen...

Should be the title of your thread...

/thread lol

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Sentient_Nebula on 31 October 2014

I'm not sure what will happen to Sony in the near future. I don't know what the business terminology for it is, but I would expect Sony to split up divisions of their company and sell each to the highest bidder. But Sony would hold on to their profitable ones, such as their insurance and the PlayStation brand.

If Sony does declare bankruptcy, it's worth noting that bankruptcy doesn't necessarily mean the company goes away.

But hey, I don't run a business. So what do I know?

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