I'm sure Sony will still be around, but it may be a much leaner company that what we have right now. Which, in my opinion would be a really good thing. I would like to see Sony trim the fat a bit, they did it with the PS3 after all!

NJ5 said: alanshearer said: These threads get more ridiculous by the day. A thread of an insecure xbox fanboy?.   A good question would be why are Sony expanding so much in certain areas and spending so much money on new product lines. 1- Which areas are they expanding a lot in? 2- Spending money on new product lines is a given... if they didn't do so they might as well file for bankruptcy immediately. No one survives in the electronics world without creating new product lines.

They are INCREASING there product lineups. That question was more aimed at what are Sony upto because there seems to be a lot of synergy and stuff going on behind the scenes at Sony. Anyway i made a mistake mentioning it here in fanboy wars land so the end. 

 

The losses Sony have taken are tiny in the bigger picture when considering the size of Sony. You think a couple of billion in losses is going to bankrupt a huge global conglomerate with assets worth $232billion?. More than the combined assets of Microsoft, Apple and Nintendo. As i said this thread seems to have been started by an insecure xbox fanboy.

 

 

 

alanshearer said: NJ5 said: alanshearer said: These threads get more ridiculous by the day. A thread of an insecure xbox fanboy?.   A good question would be why are Sony expanding so much in certain areas and spending so much money on new product lines. 1- Which areas are they expanding a lot in? 2- Spending money on new product lines is a given... if they didn't do so they might as well file for bankruptcy immediately. No one survives in the electronics world without creating new product lines.   They are INCREASING there product lineups. That question was more aimed at what are Sony upto because there seems to be a lot of synergy and stuff going on behind the scenes at Sony. Anyway i made a mistake mentioning it here in fanboy wars land so the end.    The losses Sony have taken are tiny in the bigger picture when considering the size of Sony. You think a couple of billion in losses is going to bankrupt a huge global conglomerate with assets worth $232billion?. More than the combined assets of Microsoft, Apple and Nintendo. As i said this thread seems to have been started by an insecure xbox fanboy.

Assets have exactly zilch to do with profits, and don't really effect stock prices either (only secondarily when referring to the companies current ratio, which is assets/liabilities and should be over 1.50, this tells banks whether or not a company can pay their bills and whether they should loan to the company or not). I'm not saying you are wrong, I'm just saying that listing the companies assets doesn't really mean diddly when it comes to the comapnies financial health. Especially for a manufacturing company whose assets are typically tied up in what are called "plant assets', things like buildings, equipments and automobiles. If you knew what percentage of those assets were actually somewhat liquid (cash, short-term investments) then you could use it to say that Sony is "doing good" based on their assets.

CommonMan said: alanshearer said: NJ5 said: alanshearer said: These threads get more ridiculous by the day. A thread of an insecure xbox fanboy?.   A good question would be why are Sony expanding so much in certain areas and spending so much money on new product lines. 1- Which areas are they expanding a lot in? 2- Spending money on new product lines is a given... if they didn't do so they might as well file for bankruptcy immediately. No one survives in the electronics world without creating new product lines.   They are INCREASING there product lineups. That question was more aimed at what are Sony upto because there seems to be a lot of synergy and stuff going on behind the scenes at Sony. Anyway i made a mistake mentioning it here in fanboy wars land so the end.    The losses Sony have taken are tiny in the bigger picture when considering the size of Sony. You think a couple of billion in losses is going to bankrupt a huge global conglomerate with assets worth $232billion?. More than the combined assets of Microsoft, Apple and Nintendo. As i said this thread seems to have been started by an insecure xbox fanboy.       Assets have exactly zilch to do with profits, and don't really effect stock prices either (only secondarily when referring to the companies current ratio, which is assets/liabilities and should be over 1.50, this tells banks whether or not a company can pay their bills and whether they should loan to the company or not). I'm not saying you are wrong, I'm just saying that listing the companies assets doesn't really mean diddly when it comes to the comapnies financial health. Especially for a manufacturing company whose assets are typically tied up in what are called "plant assets', things like buildings, equipments and automobiles. If you knew what percentage of those assets were actually somewhat liquid (cash, short-term investments) then you could use it to say that Sony is "doing good" based on their assets.

Just pointing out the absurdity of these fanboys.

Yes, a 63 year old company is going to collapse because of one bad fiscal year.

CommonMan said: Assets have exactly zilch to do with profits, and don't really effect stock prices either (only secondarily when referring to the companies current ratio, which is assets/liabilities and should be over 1.50, this tells banks whether or not a company can pay their bills and whether they should loan to the company or not). I'm not saying you are wrong, I'm just saying that listing the companies assets doesn't really mean diddly when it comes to the comapnies financial health. Especially for a manufacturing company whose assets are typically tied up in what are called "plant assets', things like buildings, equipments and automobiles. If you knew what percentage of those assets were actually somewhat liquid (cash, short-term investments) then you could use it to say that Sony is "doing good" based on their assets.

Assets can cost money since things like factories have employees, rent, insurance, taxes, upkeep, maintence, debt and other ongoing expenses.

recessions over haven't you heard?

more important. Will the US make it out of this recession?

Bankruptcy has little to do with how many assets you have. It's all about cash flow. If you can't pay your debt and no one is willing to lend you money, you're done.

Of course Sony can sell SOME assets to avoid or delay bankruptcy... but there are plenty of companies with lots of assets which have filed bankruptcy without doing so (for several reasons including the fact that many of the assets are impossible or hard to sell, and that they're too critical for the company).

Sony is not going bankrupt anytime soon. Maybe they will one day, I'm just pointing out some misconceptions.

 

I'm not saying Sony is in trouble, but they have far less margin for error than MS, Nintendo or Apple. Sony does not have a big cash position and they rely on debt to sustain them through difficulty. MS, Nintendo and Apple are cash rich and could withstand much worse market conditions should things get worse.