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Forums - Sony - Sony (SNE) Will Have To Sell Its Studio Business, Could Get $6 Billion

My Sonic Ericson phone sucks ass.



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Sell it, with out Spiderman they suck.

Right now they still got the spidey hype.



Sony needs to get smaller. Their biggest problem is that they never seem to get it or try even understand their market as a whole. every product they release is either too expensive or completely weird.
They need new management, visionaries who understand what people want and actually focuses on these needs. Sony is out of touch, it's been a while now. I really get angry thinking of what the PSP could have been if the right focus was given to it, and its such a great product. Very sad indeed.

Think about it, when apple are releasing full fledge iphone for 199 to 299 with touch screen , sony is giving u a 250 psp.



 Next Gen 

11/20/09 04:25 makingmusic476 Warning Other (Your avatar is borderline NSFW. Please keep it for as long as possible.)
SlorgNet said:
vaio said:

Sony (SNE) Will Have To Sell Its Studio Business, Could Get $6 Billion

Sony (SNE) is in trouble, and it is very deep trouble. For the fiscal year ending March 31, the conglomerate lost more than $1 billion on $79 billion in revenue. Sales were down by over 12%

Sony could do several things with the cash. It might give shareholders who are tired of the company’s constant struggles a larger dividend or share buyback. Sony’s market cap is only $28 billion, so it could purchase a significant portion of its shares. Sony could also use the money for its capital expenditures or to reduce its modest debt. The cash could certainly be used for strategic acquisitions to buttress its flagging electronics and game divisions.

Douglas A. McIntrye

http://247wallst.com/2009/06/07/sony-sne-will-have-to-sell-its-studio-business/

This is pure rentier idiocy. Total losses are under 1% of annual sales, far less than many other companies, despite the depth of the recession. Sony doesn't have much debt and has plenty of cash flow, so it doesn't need the extra cash. This notion of giving the money to "shareholders" is a sick joke -- a polite way of saying, forking billions over to a bunch of greedy, self-interested oligarchic scum who don't know a frame-rate from an interest rate, and whose speculative folly screwed up the world-economy so bad, it needed a $4 trillion (and counting) government bailout financed by ordinary taxpayers like you and me.

Here's a better idea: instead of financing the yachts and private jets of Wall Street overlords, Sony does what it always does -- spend money on world-class studios, top-tier technology and great games.

 



 

 

''Halo reach''.. sell 7.m first week ,Believe¡¡¡¡¡¡

 

 

 

 

 

 



psrock said:

Sony needs to get smaller. Their biggest problem is that they never seem to get it or try even understand their market as a whole. every product they release is either too expensive or completely weird.
They need new management, visionaries who understand what people want and actually focuses on these needs. Sony is out of touch, it's been a while now. I really get angry thinking of what the PSP could have been if the right focus was given to it, and its such a great product. Very sad indeed.

Think about it, when apple are releasing full fledge iphone for 199 to 299 with touch screen , sony is giving u a 250 psp.

Great post.

I agree with you, but one thing to consider with your hardware comparison...

Iphone's are subsidized by service providers, Apple has a competitive advantage because of the appeal and socio-economic status tied to its products.

Sony does not have the same luxury as far as its products being subsidized by outside entities (not with regard to the PSP anyway).



I'm not a fanboy, I just try to tip the balance in favor of logic and common sense.