BibiMaghoo
Member
I would imagine that making 10,000 people redundant is a large factor in this. Even if the redundancy payment is only 10k, that's still a hundred, million dollars. Laying that many people off is extremely expensive.
I would buy this day one, just saying.
I would imagine that making 10,000 people redundant is a large factor in this. Even if the redundancy payment is only 10k, that's still a hundred, million dollars. Laying that many people off is extremely expensive.
Samsung, I believe, is making bank.
I'm sure Sony's smart TV stuff is terrible, but not because of lack of Flash. I think the application paradigm makes much more sense for a set-top box than the random web browsing paradigm. If they have or don't have app support, I don't know. My only experience with set-top boxes is the Apple TV, which works great provided you're trying to do something it does.
Flash is a dead-end at this point.
I would buy this day one, just saying.
Yep, their lineup of first party offerings would be awesome. Oh wait a sec...
Ouch, I really hope they can figure this out and turn it around. Sony has always been one of my favorite and most trusted consumer electronics companies. They make great products, they just have to price it more appropriately and market better in the US.
"You can do it" Kaz!
Will go towards next fiscal year which makes me wonder how big the actual net profit will be next year when all of the one time costs are factored into their projected operating income.
It's interesting because I think the PS4 needs to be a big hit and be pretty profitable. The question is can they achieve that with a conservative design or do they need to go high end? There are valid reasons for both answers to that question and it depends on who is answering that question for Sony. The reality is no one knows how the market will react so either way they're gambling (all three companies are really taking a gamble imo)
Philips dropped out? Damn! They had great LCDs, dunno what happened...
It's interesting because I think the PS4 needs to be a big hit and be pretty profitable. The question is can they achieve that with a conservative design or do they need to go high end? There are valid reasons for both answers to that question and it depends on who is answering that question for Sony. The reality is no one knows how the market will react so either way they're gambling (all three companies are really taking a gamble imo)
Philips dropped out? Damn! They had great LCDs, dunno what happened...
Samsung should just buy Sega from Sammy. They'd instantly have the 2nd best first party behind Nintendo.Yep, their lineup of first party offerings would be awesome. Oh wait a sec...
I think those results are in yen.
It's like only 80 million dollars, guys.
I think those results are in yen.
It's like only 80 million dollars, guys.
I think those results are in yen.
It's like only 80 million dollars, guys.
Apple has taken their mantle as the go to brand for high end consumer electronics. MP3 Players, Laptops, Cell Phones.
Microsoft has split the high end console market and edged them out in a market that makes up nearly 30% of the entire industry.
Samsung, LG, Panasonic and Vizio own the TV market from top to bottom.
Noone buys DVD or Blu-Ray players anymore.
Their systems in a box audio systems are decent, but so are 100 others.
Sony's marketing is also just plain terrible. Their shtick has been to market their products as something desirable because it's "so far over your head" that their ads make no sense at all anymore. That shit might have been impressive in the 90's but it doesn't work anymore. We live in an age of >1080p tablets, 4G and instant access internet 24/7.
They're so far behind with their product lines that I don't see how they could make any kind of comeback in the next 10 years. They'd probably be better off focusing solely on the Playstation brand, or being bought out by someone who knows what they're doing.
They have been taking losses for the past 4 years so not really a wake up call at this point.Doomed Sony is best Sony.
This is exactly what they need. A wake up call. Kazuo-san will lead the way *salutes*
It was already converted by the OP. 520 billion yen if you like that format better!
It's a balance sheet loss because of a loss of tax credits due to questionable profitability in the short to medium term.
The $3.2bn charge will not affect Sony's cash balance, they will end this financial year with around $10bn in the bank.
On Thursday at 3pm Japan time (2am New York) Kaz will outline his plan for the coming year and his long term vision for Sony as a company and where he sees them years from now. He will need to outline how he intends to make "One Sony" out of the 20 or so separate divisions they have right now
But it was 520 billion yen
Sony going third party. Oh, wait...Damn! Sony is not doing well...
Reports say the company is planning 10,000 job cuts as Sony exits businesses that are not profitable or central to the firm's strategy.
So if they've run up losses for 4 years now, just how much longer can they avoid bankruptcy?
A long time considering most of their losses in the past four years have been paper losses. They actually have more cash now than they did in 2006.
Sony isn't going anywhere. I doubt Sony Gaming is going anywhere either. However Sony is at a cross roads. They will either have to be a content provider or a hardware manufacturer. Sony can't be both except on a platform it owns such as the playstation. Sony really should get out of manufacturing
A long time considering most of their losses in the past four years have been paper losses. They actually have more cash now than they did in 2006.
Doomed Sony is best Sony.
They may have a large cash pile but they do also have large debts too
Do you happen to have numbers?
A long time considering most of their losses in the past four years have been paper losses. They actually have more cash now than they did in 2006.
I still have my 32" 1080p Bravia from 2009. The picture is still great. I use it as my monitor.
But I would not get another TV from Sony now. Everyone else just does better everything for the same price or cheaper.
It's probably more profitable to sell the license to Activision for multiplatform use.I never understood why they don't have the exclusives on games based on movies they've produced. Shit like Ghostbusters and The Amazing Spiderman. I think it would be pretty smart to have the those exclusively on their platforms.
This doesn't make sense one bit. Why risk it on one platform, while you can reap profit from 9 other sources?I never understood why they don't have the exclusives on games based on movies they've produced. Shit like Ghostbusters and The Amazing Spiderman. I think it would be pretty smart to have the those exclusively on their platforms.
I never understood why they don't have the exclusives on games based on movies they've produced. Shit like Ghostbusters and The Amazing Spiderman. I think it would be pretty smart to have the those exclusively on their platforms.