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Forums - Sony - Sony's Market Cap Rises To Over 50B (v2.0)

VAMatt on 17 July 2017
VideoGameAccountant said:
Here is the stock price if anyone is interested.

https://www.google.com/#q=Sony+stock+price

For whatever reason, the stock tends to go up in the summer and fall in the winter. 

Equities in general rally in the summer, and decline in the winter. 



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Lawlight on 18 July 2017
VideoGameAccountant said:
Lawlight said:

Sony's TVs are beaten by LG and Samsung because the latter have cheap, bottom-of-the-line TVs that Sony does not have. That's why South Korean and Chinese TV manufacturers are doing so well - they can go cheap.

Their music business is still going strong as they are in the business of producing music, which apple doesn't do. The music business made $670M in profit last year.

Sony's money come mostly from electronics so it is still their bread and butter, unlike what you are trying to imply. They've had that life insurance business since 1979.

Their movie business, as much as they make a lot of bad movies, will be profitable. Last year was an exception but this year they have had several hits to counter the flops.

I would actually advice you to look at Sony's financials.

https://www.sony.net/SonyInfo/IR/library/fr/16q4_sonyspeech.pdf  (info is on pg 3)

You say how great Sony's music business is doing but Sony's game division is making 1 trillion more than music. Music is one of Sony's weakest sectors. Electronics only made about 66% of what their game sector made. Their finance sector is about the same as the electronic sector. Net Income before taxes was about 3 percent of total sales. If game revenue sees a decent drop, it could throw Sony back in the red. Sony is entirely dependent on their video game sector. It is by far the biggest money maker for the company. 

So the music division is not doing great because the game division is doing better? Music is Sony's 3rd biggest division. So, what are you talking about?

And based on the financials, the game division's operating income can drop to 0 and Sony would still make a profit.

And you once again fail to realise that their life insurance is their biggest money maker.