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Forums - Sony Discussion - Sony making a turnaround - aiming at $4.20bn profit by end of FY 2017

Burek on 18 February 2015
kowenicki said:
Burek said:

The divisions Sony will spin off are its audio and video businesses. I'm not sure what that is exactly...hardware components like bluray players and such?

http://m.bbc.com/news/business-31523511

Home entertainment and sound is the division I presume.

Thats audio and video hardware.  So av receivers, blu ray players etc.  They basically may as well not bother selling those items anyway... the margin is currently 1%.  which is a waste of capital and time.

Yeah. Just another piece of nostalgia.



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LivingMetal on 18 February 2015
kowenicki said:
LivingMetal said:
TheGoldenBoy said:

Sounds good. I just hope it all works out.

Now where's kowenicki with his analysis since the dude actually knows what the fuck he is talking about in terms of business and I want to read what he says.


I see what you did there.

do explain...


I felt that you were being baited to respond.  Thankfully, it seemed all went well.



TheGoldenBoy on 18 February 2015
LivingMetal said:
kowenicki said:
LivingMetal said:

I see what you did there.

do explain...

I felt that you were being baited to respond.  Thankfully, it seemed all went well.

I was dead serious. I'd rather listen to one guy that is well informed on the topic than multiple blowing smoke out of their asses.



Lawlight on 18 February 2015
rolltide101x said:
Lawlight said:

Think about 5 years ago. I don't think the infrastructure changed all that much.

The next Playstation will not be a cloudbox, anyone who thinks so is insane. The PS5 will not have an optical drive though it will be download only

Nopes. Won't happen. Less than 2 years people revolted against the idea of a console that requires you to check-in online once a day. In addition to that, do you think retailers will agree to carry a console is software only?



LivingMetal on 18 February 2015
TheGoldenBoy said:
LivingMetal said:

I felt that you were being baited to respond.  Thankfully, it seemed all went well.

I was dead serious. I'd rather listen to one guy that is well informed on the topic than multiple blowing smoke out of their asses.


And, yes.  This thread moved in a forward direction.  Thank you.



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LivingMetal on 18 February 2015
kowenicki said:
TheGoldenBoy said:

I was dead serious. I'd rather listen to one guy that is well informed on the topic than multiple blowing smoke out of their asses.


No sweat. I knew that.  The reason he has given here is not the real reason he posted what he did... he knows it, I know it and others know it.


Wrong.  I knew you were knowledgeable in such subjects and knew you could contribute which you did.  I had mistaken GoldenBoy's intentions which I stand corrected, but users have been banned for such actions of calling users out before they had a chance to respond to the topic.  So no harm intended.  In fact, this implies that I'm on your side which I am.



NobleTeam360 on 18 February 2015

Seems like we've been hearing about Sony turning around forever, let's hope it actually happens so we can stop hearing about them being doomed.



Hynad on 18 February 2015
kowenicki said:

This shouldnt be a shock to people, operating profit is already there in most of their sectors.

Looks like at last the final vanity project of mobile will likely be sidelined and probably ultimately sold off. Thats the final piece as far as I am concerend and was inevitable months ago after sales numbers didnt move up, hence my personal decision to buy in.

As I say, they are aready posting an op profit in most sectors so this isnt a stretch. For too long they have been a dinosaur operating on tiny tiny margins. This is how it should have been heading for the last 20 years. Took a financial crisis to wake them up and the realisation that their domestic market is dying rapidly.

The Sony of now is exactly the Sony I have been banging on about for years and getting grief here for. "Sony isnt going anywhere"... well it has. Sony now isnt the Sony it was. It is smaller, leaner. It isnt trying to return to what it was, its shifting itself to a smaller more focussed business and profits simply follow.

Now if the Yen holds its weak stance this could all potentially happen fairly swiftly. If it doesnt, then its a different story.


It's a shame that their mobile division couldn't take off. Cause they make some damn great phones. Up there among the best in the market.

As for the rest, do you now reckon that Hirai is doing good? I recall you saying Hirai wasn't any good and was just doing the only possible thing Sony could do in the situation they're in... Basically dismissing the fact that it's Hirai that's stepped in and allowed those things to be moved forward.



solidpumar on 18 February 2015

hope sony doesn't sell its mobile business.

I think that would be a mistake.



Sticky on 18 February 2015
Ssliasil said:
I expect Sony stock to plummet hard over the next few days due to this news.

People, now expecting massive profit - will sell their stocks to lower the stock value and re purchase them at a lower price point to maximize profits.


Their stock is up 5.3% on the news :P