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Forums - Sony - Sony market cap rises to over 51billion

barneystinson69 on 15 July 2017

Nice to see them doing well. Still a ways to go before it reaches Microsoft's 566 billion dollar market cap, but at least the company is profitable once again.



Made a bet with LipeJJ and HylianYoshi that the XB1 will reach 30 million before Wii U reaches 15 million. Loser has to get avatar picked by winner for 6 months (or if I lose, either 6 months avatar control for both Lipe and Hylian, or my patrick avatar comes back forever).

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KBG29 on 15 July 2017
fatslob-:O said:
I think they need to exit their Mobile Communications segment ...

Their obviously not cut out to compete against the likes of Apple, Samsung, or chinese manufacturers. Very few players can afford to make profit as it is and that contributes to the high overhead costs of running a mobile business ...

Last year they got lucky because exchange rates were favourable to them but more often than not they lose massive amounts of capital running their mobile business ...

It's time for Sony to call it quits and salvage that segment for as much as it's possible worth because it has way too much volatility to be consistently profitable and the fact that it's an overcrowded market place ...

I agree. Android is a go nowhere business for them. They should merge Sony Mobile with SIE, and release phones based on their PlayStation hardware and OS. It won't light the world up sales wise, but running on established hardware and software will mean very little cost. With the limited userbase getting their apps, games, movies, mousic, ect. through PlayStation Store, they should have no problem making it a profitable business.

This is a huge opportunity to grow their largest business, while closing shop on their least profitable one. It also gives people, mostly gamers, a choice in the mobile industry. Having a phone on the market that offers full fledged Madden, Call of Duty, Gran Turismo, God of War, and so much more would be a major breath of fresh air.



Stop hate, let others live the life they were given. Everyone has their problems, and no one should have to feel ashamed for the way they were born. Be proud of who you are, encourage others to be proud of themselves. Learn, research, absorb everything around you. Nothing is meaningless, a purpose is placed on everything no matter how you perceive it. Discover how to love, and share that love with everything that you encounter. Help make existence a beautiful thing.

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Aeolus451 on 15 July 2017
Oneeee-Chan!!! said:

RIP iNathan.

You were brave sony fanboy.

 

I thought we couldn't call eachother fanboys. Did that change or something?



Azuren on 15 July 2017
Aeolus451 said:
Oneeee-Chan!!! said:

RIP iNathan.

You were brave sony fanboy.

 

I thought we couldn't call eachother fanboys. Did that change or something?

I suppose it doesn't matter if the person in question received a permaban.



Watch me stream games and hunt trophies on my Twitch channel!

Check out my Twitch Channel!:

www.twitch.tv/AzurenGames

Aeolus451 on 15 July 2017
Azuren said:
Aeolus451 said:

I thought we couldn't call eachother fanboys. Did that change or something?

I suppose it doesn't matter if the person in question received a permaban.

Last time, I checked, we're also not supposed to take shots at banned or permabanned ppl. 



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Jranation on 15 July 2017
barneystinson69 said:

Nice to see them doing well. Still a ways to go before it reaches Microsoft's 566 billion dollar market cap, but at least the company is profitable once again.

Oh wow! MS and Sony have a huge gap. 



Pocky Lover Boy! 

Lawlight on 15 July 2017
fatslob-:O said:
I think they need to exit their Mobile Communications segment ...

Their obviously not cut out to compete against the likes of Apple, Samsung, or chinese manufacturers. Very few players can afford to make profit as it is and that contributes to the high overhead costs of running a mobile business ...

Last year they got lucky because exchange rates were favourable to them but more often than not they lose massive amounts of capital running their mobile business ...

It's time for Sony to call it quits and salvage that segment for as much as it's possible worth because it has way too much volatility to be consistently profitable and the fact that it's an overcrowded market place ...

They still made $90M in profit from the mobile division last fiscal year.



fatslob-:O on 16 July 2017
KBG29 said:

I agree. Android is a go nowhere business for them. They should merge Sony Mobile with SIE, and release phones based on their PlayStation hardware and OS. It won't light the world up sales wise, but running on established hardware and software will mean very little cost. With the limited userbase getting their apps, games, movies, mousic, ect. through PlayStation Store, they should have no problem making it a profitable business.

This is a huge opportunity to grow their largest business, while closing shop on their least profitable one. It also gives people, mostly gamers, a choice in the mobile industry. Having a phone on the market that offers full fledged Madden, Call of Duty, Gran Turismo, God of War, and so much more would be a major breath of fresh air.

Actually they shouldn't merge their mobile segment with game and network servies. What you suggested won't work ... 

Even if you establish the same software infrastructure how are you going getting the same hardware running in mobile form factors like tablets ? (Do ANY semiconductor foundry has that capability to be able to manufacture the PS4 APU at the same spec for a vastly lower power consumption suitable for tablet form factor ?) 

And aside from games which is already iffy as it is for the reason to buy portable Sony platforms what would make their functionality such as apps, movies, music anymore worthwhile than their competitors ? 

You've already got two showstoppers with your idea ... 

Lawlight said:

They still made $90M in profit from the mobile division last fiscal year.

And subsequently the year before that they lost $545M and if we consider the rest of the 6 last years ... (all figures in billions of yen)

FY 2011 - (31.4) FY 2012 - (-97.2) FY 2013 - (-75) FY 2014 - (-217.6) 

It's pretty clear that their mobile segment shouldn't even exist at all when there's no future to be had in producing Android phones 

Mind you this isn't me concern trolling either since we should all be worried about Sony's health for the gaming industry to be able to keep the rest of the players in check so pretending that their mobile segment isn't an issue is not helpful. Sony could be spending that money that their losing right now in their mobile segment for the gaming division by buying up new IPs, big AAA publishers or even port/remaster all of their most valuable PS3 exclusives on PS4 to counter Microsofts offering of backwards compatibility on their X1 ... 



Azhraell on 16 July 2017
Aeolus451 said:
Azuren said:

I suppose it doesn't matter if the person in question received a permaban.

Last time, I checked, we're also not supposed to take shots at banned or permabanned ppl. 

That was indeed the case 2 or 3 years ago, when I got banned (or warned) for doing so. I guess nobody reported him or people are interpreting he was trying to be funny



VAMatt on 16 July 2017

Well, half of that gain can be attributed to increasing equities prices in general. Most of the other half can be attributed to Sony exiting many of their bad businesses. Certainly, PS has helped Sony's turnaround. But, Sony as a whole is much smaller than it was when they got into the gaming business.