PuppetSlave
Member
Kaz will bring back the thursdayaton.
Honestly curious though what he will say.
Honestly curious though what he will say.
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Sony doubles forecast of annual loss to $6.4bn
- Thread starter DarkChild
- Start date
Their stubbornness lead them to completely loosing in phone business couple years ago. They gave you their flagship model at premium price, than put a kick ass camera in it and bad media player. On top of that for couple years they refused to pack 3.5mm jack in their phones so people can buy their SE headphones which are laughably bad. While Samsung gave you everything in their flagship model that you can think of.
AceBandage
Banned
This, right here, is a huge problem Sony has in all its areas.
Proprietary bull shit that just turns people off completely.
It's insane.
zomgbbqftw
Banned
They would have been recorded as an asset on the balance sheet, this move takes the asset off the balance sheet, or at least most of it. If Sony become profitable in the meantime they can bring the asset back onto the balance sheet and will show a ridiculous profit at which time there will be a thread along the lines of: Sony make $15bn profit, are they price gouging customers...
That's an extremely depressing trio. I'm preparing now for a PC only future.
Tablet browsing and TV browsing are not similar. People don't really surf around much on their TVs since the browsers are slow, at least the ones I talk to. It's really hard with a TV remote. Surfing on tablets are much easier.
Have you tried surfing on a TV with a TV remote? Compared it to a tablet?
What people I've talked to want to use their TV browsers for are streaming sites, like Hulu.com. Those variants in my country doesn't work on Sony TVs due to lack of Flash support.
Phonomezer
Banned
I wouldn't bat an eyelid if it were Samsung. They're an incredibly competitive company, I can see them bulldozing their way into the game space if there was an "opening".
AceBandage
Banned
I would buy a Samsung console in a heart beat.
I have never had a problem with any of their devices.
Recently got a Galaxy S2. It's damn good.
shinra-bansho
Member
BoJ needs to do some quantitative easing.
Too busy making cancer drugs and solar panels.
Yap. From that moment on I said no more Sony for me except PS. That thing right there really got on my nerves.
Mr. Pointy
Member
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.
But I would not get another TV from Sony now. Everyone else just does better everything for the same price or cheaper.
Diddy Kong
Banned
Nintendo time!
I think last year they wrote off tax credits in Japan.
AceBandage
Banned
Four years straight of posting annual losses.
They are still running because they still get people to invest in them.
Basically, "too big to fail." Though, that philosophy only last so long...
Phonomezer
Banned
Sho_Nuff82
Member
Er, you should probably rephrase that.
Criminal Upper
Banned
Nintendo is doomed!
Wait, what?
Wait, what?
That's putting a bandaid on a severed arm though. Completely pointless and it doesn't address the problems they having at all. It's not like they couldn't have address this earlier either.
I do think this, as some have suggested, might tell us how they'll be tackling the PS4 with them losing so much money.
Danny Dudekisser
I paid good money for this Dynex!
Kinda sad, actually. I remember back when LCDs were first coming into vogue, and Sony's XBR line was like... the TV to get if you wanted quality.
Twenty7KVN
Member
Yup that's one of the reasons i did buy a psp and a psv.I wonder how much money the mermory stick makes for them to continue using it.
Stumpokapow
listen to the mad man
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.
shinra-bansho
Member
I just wondered whether the Vita business is losing money or whether it isn't
Should get an indication in the next earnings call. In the last one (post-Japan launch, pre-WW launch) the CFO stated that the game business was still profitable.
Flat-panel TVs in general have become commoditized - this isn't a situation affecting only Sony, but all TV makers really.
China and Korea beat the crap out of them. Especially with the high yen.
REMEMBER CITADEL
Banned
Tell me about it, I have one of those phones. Never again.
CadetMahoney
Member
Cygnus X-1
Member
They've completely missed the transition to the LCD or Plasma like they missed the transition from CD to data for music devices. They've tried to catch up, but quality-wise there is still lot to do.
Even Philips dropped out from TV business. I think Sony is not too far away to do so, but for them it would be a sort of nightmare since their electronic section is much, much bigger than within Philips.
Philips dropped out? Damn! They had great LCDs, dunno what happened...
wasnt there news yesterday saying the system is close to this gen in power? going by the orbis name im guessing they're trying to pull a nintendo. shitty hardware packed in with a move controller and back compatible with ps3 controllers.
zomgbbqftw
Banned
Next year they have predicted a profit of $2.2bn so it will be interesting to see if they re-establish a higher valuation of their tax credits in Japan. If Kaz is serious about cutting out unprofitable lines then the company should become profitable enough to bring them back onto the balance sheet...
Cornbread78
Member
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!
"You can do it" Kaz!
MrCunningham
Member
They were outdone by their "get-more-bang-for-your-buck" South Korean counterparts like LG and Samsung... probably.
But I wonder how Sony Computer Entertainment division fares in all this? The PSVita hasn't exactly set the world on fire yet, but has it been a failure?
Monty Mole
Member
I think Samsung has taken most of the global market. They've got the low-end, mid-range and high-end well covered in their range and always seem to be one step ahead, whether it's 3D, Smart functionality, or bezel-less TVs. They're even starting to show Panasonic strong competition in the plasma market now too.
Ouch... LOL
Infamous Chris
Banned
.
The only people who come in my store who downright ask for Sony are either foreign people, where obviously advertisement (India, South America) is predominately Sony, or elderly people, who remember when Sony used to be on top of their television game. And even still, once I show them a Samsung, they're converted.
We just got some 2012 Sony models that we put up and I haven't sold a single one. Everyone keeps asking for the new Samsungs that you can talk to. Besides, most TVs contain Samsung parts when you open them up, anyway.
Won't help things.