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Forums - Sony Discussion - sony cuts profit forecast

This is pretty much what I've been saying for months. Their products are not going to do well in a bad economy combined with thin margins. It must be really bad if they have to pre-announce this news ahead of their earnings. If it were only moderately bad, they would have just put this out with their earnings announcement.



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what if sony goes bankrupt what will happen to PSP/PS2/PS3 support??



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xenophon13 said:
Um. Sony always makes a profit. This is not about their game company, many of you forget that sony is a huge company and the game division is just one small part. Have you guys not noticed that every company is cutting their profit forcast? That the world is in a difficult economic time? Did you hear that ICELAND might go bankrupt? This isnt just a sony thing, this is an everybody thing. Well, except apple for some reason.

 

this article is about corp as a whole, and though sony forcasts on the sunny side of 200, the broker watching them says they will be lucky to hit 50



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Jo21 said:
i am impressed if they do profit on this market.

 

well even the bear out look is profit at 50 for the whole, but then again you can never tell



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radha said:
what if sony goes bankrupt what will happen to PSP/PS2/PS3 support??

 

someone will jump at the chance to buy the company, so they will assume the risk barring the support is not caned in some sort of bankruptsy hearing 



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Errr... it's talking about the entire SONY company and not just SCE... and isn't this what alot of companies doing right now???



4 ≈ One

axumblade said:
Wow. A lot of people who seem to think Sony only make money through Playstation...The initial forecast wasn't an unrealistic forecast because of all of the other products that are being sold but the worlds economy is killing the value of their products.

 

BAM! THIS!

Lowering forcast is being done by alot of companies right now...



4 ≈ One

S.T.A.G.E. said:
Of course they have to cut it. It unrealistic for them to expect more. The Wii is the only system that can expect profits of over 3 Billion, because their system actually costs $180 to make, so they are making over $70 over on each unit.

 

70 ? What about retailers and distributions ? They work for free ?



 

Evan Wells (Uncharted 2): I think the differences that you see between any two games has much more to do with the developer than whether it’s on the Xbox or PS3.

radha said:

is this really serious  ? is the profit or overall income????? can someone expand on this topics? THIS IS BAAAD

 

 Follow this link.

 http://www.ps3forums.com/showthread.php?t=173025  

This might help you understand things better. The global economy is going down the gutter so announcements like this from big global Corp are expected.