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Forums - Sony - Sony expects first loss in 14 years amid downturn :(

@MazeMe: Last I checked, Japan's electronics exports were down by more than 30%. If Sony's figure is anywhere near that, that's a disaster in itself. Then you have the strong yen on top of that.



My Mario Kart Wii friend code: 2707-1866-0957

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NJ5 said:
@MazeMe: Last I checked, Japan's electronics exports were down by more than 30%. If Sony's figure is anywhere near that, that's a disaster in itself. Then you have the strong yen on top of that.

 

 Poor Sony... but at least there's the good news that SCE is one of Sony's better sections at the moment, so the Playstation should at least survive all this...



The worse is that the Playstation is their biggest hope, but it's not doing great either =/



But war... war never changes

@Squilliam: The only things I see improving this year are the yen situation and Sony's layoffs cutting expenses. I don't think that's nearly enough to cover the negative factors.



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Thursday will be a busy day, with both Sony´s report and NPD being released.



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Japanese government is very patriotic, they will never let Sony go without cheap capital. They will ask the banks to provide cheap money to loss making companies like Toshiba, Toyota and ofcourse Sony.



@ Type59: if so, that would be against certain competitive laws, I think?



papflesje said:
@ Type59: if so, that would be against certain competitive laws, I think?

I don't know, but look at the American car companies... Of course Sony better hope they're never in a position where they have to ask for such help, at that point Sony may lose control of the company if it goes anything like what we're seeing now.

 



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Shit... I hope they can post a good profit next year.



4 ≈ One

Solid_Snake4RD said:

Sony will have double the profit of this loss next year

sigh... here we go... another serious_fisting and ps3beats360 alias.