And Sony stocks being up 7% illustrates my point perfectly.

@kowen

profit will come don't worry

sony is on the right path.

their PS3 shipment is awesome 27.1 million ltd with only one month of price cut/slim

Ps3 will beat 32 million shipped by the year\s end which is really impressive.

right now they might be spending money on making games,buying exclusives and lot's of other non game related stuff.

so it might not have anything to do with Ps3 hardware.

Sony had a major product launch. And Vaios etc. All adds up to many millions of products sitting in warehouses. As i said Sony stocks are up 7%.

sony corp almost rose 2 dollars yesterday on the stock market which is huge. This was obviously good news to investors so as a whole I think it worked out for sony.

Stockpiling doesn't (or shouldn't) create losses. Sony spends cash to manufacture PS3s (which subtracts from profits), but the PS3s then get added to Sony's inventory (which adds to profits).

The reason I say "shouldn't" is that it can create losses if the PS3s are being sold at a loss... but this would be offset by manufacturing of software and other profitable hardware (if they have any right now).

They did fire a ton of people, but none in the gaming division as far as I know.

This is good news for investors. If you check the stocks you'll see. I don't remember the last time sony made that quite big of a jump in just a day. its been at least two years.

Ouch, hope they're not still losing on every console. Q3 will be hell for them if so.

I don't know what alansheearer is talking about but sony corp on the nyse is doing fairly well considering the economy. compared to other companies with a similar handle. I can't tell you all the reasons why they are doing so well but strictly dollars per share they are doing just fine.

umm no actually they have been slightly rising for about 3 months now without a lose on the nyse. same with microsoft. I follow a lot of companies on the exchange and with that similar stock number you don't see that type of jump everyday. True they fell hard in stocks but so did mostly everyone else the difference is that they have been steadily rising back to their form that they had 18 months ago. As for other companies I can't say they same. Before anyone ask for a link I'm sure it wouldn't be that hard to find. I just follow certain companies and get the day by day earnings sent directly to my phone.