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Forums - Sales Discussion - Sony May Post Biggest Loss in 4 Years on PlayStation 3 Consoles

DKII on 15 May 2007
FishyJoe said:

Ohhhh, the last year...

 


That looks to me like in the last 6 months, since launch basically, Sony has gone up as much as Nintendo has.



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footbag on 15 May 2007

"do you even believe this bloomberg???" Being that lying to them is a Felony, yes!!! These are financial statements were talking about.



FishyJoe on 15 May 2007

The 6 month chart is a bit closer, but still Nintendo is still the clear leader. 

 



deadhorse on 15 May 2007

So, I'm curious. What role does stock play in this? Is that how they determine loss, by how much their stock goes down? I don't really know much about the economics behind this.



TheBigFatJ on 15 May 2007
DKII said:
FishyJoe said:

Ohhhh, the last year...


That looks to me like in the last 6 months, since launch basically, Sony has gone up as much as Nintendo has.


Look at the scale of the graph -- it increases exponentially.  The difference between 50% and 100% growth is represented as 1/2 of the height as the difference between 0% and 50%.



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FishyJoe on 15 May 2007

I think long term stock charts are often shown on a logarithmic scale.



outlawauron on 15 May 2007
weezy said:
damn if you thought microsoft's 1 billion a year loss since x-box has debut was bad...

Sony is losing 1 billion YEN. MS lost 1 billion USD! HUGE difference.



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FishyJoe on 15 May 2007

Where did you read that Sony's loss was only going to be 1 billion yen?



deadhorse on 15 May 2007
outlawauron said:
weezy said:
damn if you thought microsoft's 1 billion a year loss since x-box has debut was bad...

Sony is losing 1 billion YEN. MS lost 1 billion USD! HUGE difference.

PlayStation 3 is being outsold by Wii by about two to one, causing Sony's game division, its second-largest by revenue, to post a fourth-quarter loss of 121 billion yen and a record 245 billion yen deficit for the fiscal year

I think they lost 245 billion yen, not 1 billion.

 



dpmnymkrprez on 15 May 2007
deadhorse said:
outlawauron said:
weezy said:
damn if you thought microsoft's 1 billion a year loss since x-box has debut was bad...

Sony is losing 1 billion YEN. MS lost 1 billion USD! HUGE difference.

PlayStation 3 is being outsold by Wii by about two to one, causing Sony's game division, its second-largest by revenue, to post a fourth-quarter loss of 121 billion yen and a record 245 billion yen deficit for the fiscal year

I think they lost 245 billion yen, not 1 billion.

 


Looks like you are right, ya know that is a lot of money no matter how you slice it.................