A laughable attempt at making a tablet, which will probably hurt their chances at ever making a dent in the market. What a stupid decision.
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Sony doubles forecast of annual loss to $6.4bn
- Thread starter DarkChild
- Start date
A laughable attempt at making a tablet, which will probably hurt their chances at ever making a dent in the market. What a stupid decision.
zomgbbqftw
Banned
It's because they made a shitty me-too product that was a year too late. They need to make a Vita pad with the Vita SoC and full PS-Suite/store compatibility and compatibility with all Vita games. Vita needs to turn from device into platform with a phone, tablet and dedicated handheld all available. That would give Sony something that other Android OEMs don't have.
Launching Vita without PS-Suite ready to go was stupid as well, their execution is absolutely fucking awful though.
djplaeskool
Member
This is why they're gutting their TV division.
I wouldn't be surprised if the company was mainly Sony Computer Entertainment, Sony Digital Imaging, and Sony Pictures alone in 2 or 3 years.
As long as they stay in the vidya business, I'm cool.
I wouldn't be surprised if the company was mainly Sony Computer Entertainment, Sony Digital Imaging, and Sony Pictures alone in 2 or 3 years.
As long as they stay in the vidya business, I'm cool.
Really???Why is it depressing???
Well, time to trim the fat away
fluffydelusions
Member
So Nintendoomed is worth more than Sony ?
I remember when Nintendo's market value was $80 billion during their crazy rise to heaven years (2007 or so).
Gone are the days of the might CRT Trinitron screens!!!!
Escape Goat
Member
Too big to fail. We gotta buy more Vitas!
Who needs a second job now Sony?
ouch
djplaeskool
Member
I think Panasonic is faring even worse financially :/
IIRC the only reason Sony Pictures showed a (modest) profit last quarter was because they sold their share of the merchandising rights for the Spiderman films for $250m or thereabouts.
It was something of an eye raising development that was only released in their financial statement but no one seemed to run with it.
phosphor112
Banned
I just got rid of mine... sucker was like 150 lbs...
zomgbbqftw
Banned
Almost all Panasonic TVs are sold at below cost. I would be surprised if they remained in the market as well. Like I said, Japanese CE companies must consolidate now, spin off all of the TV divisions and merge them into one company to compete with Samsung effectively. Either that or exit and concentrate on OLED.
Combichristoffersen
Combovers don't work when there is no hair
Aren't most of their products me-too products these days though? The days of Sony being an innovative force to be reckoned with are mostly gone.
Splash Wave
Member
It's stuff like this that makes me have absolutely no faith in Sony next gen. I want to believe, but a PS4 no longer sounds like a safe investment (regardless of how much the system may or may not actually appeal to me).
They have been since 2007.
And no, Sony does not need to just cut thousands of employees. Nintendo only has 4000, but they only make video games.
Sony makes virtually everything. I'm surprised there is no Sony toaster and microwave.
You need a lot of employees if you make a lot of products. Simply gutting everything from the company is not the answer.
I don't give a shit about investment when I'm buying a product to pleasure myself. You know as well that next gen also will be multi-platform heaven.
Pervert.
Well that's stupid. They're shooting themselves in the foot just to have some goodwill with the US. The US might charge tax on JPN goods/ or whatever if they fix the Yen to the Dollar though so I don't know what the best thing for them to do.
zomgbbqftw
Banned
Indeed. CLED is the most innovative product they have come up with. I truly hope they marketize it, even if it is expensive I would buy a 46" CLED TV. Sony need to look at selling 1m $10k TVs a year at a profit if they are going to remain in the market, not 22m $1k TVs mostly sold at below cost. With CLED the jump in quality and the ability to make 4k at medium to larger sizes at the same cost as full HD is attractive.
Bruce invest in more Vitas. We know you can afford to.
Thunder Monkey
Banned
It really isn't the answer.
The answer would be to trim away at the costs of manufacturing. Start making cheaper TV's Sony. People don't seem to want cutting edge. The masses at least. The people that need the cutting edge, or care about contrast ratio and pixel density is a pretty small market to sell to.
They are in a bad way though.
Combichristoffersen
Combovers don't work when there is no hair
Those translucent mirrors they introduced for the Alpha DSLRs was also fairly innovative, I'd say (I got an Alpha DSLR myself, and I think it's great, besides sucking an immense amount of juice from the battery). As for their TV business, I think they should just gut it or sell it off. They can't sustain funding a division that keeps bleeding money just to have a presence in the TV market.
Too me it seems like they have a choice to either:
a) become a low end has-been who sells cheap products on brand name alone
or
b) become a very focused and risk-taking innovator again
Either way, there's a chance it'll all blow up, but at least with the second option there's also a chance they'll turn around this slow decline.
But I'm not a businessman so I don't stand too strongly behind these statements, hehe.
a) become a low end has-been who sells cheap products on brand name alone
or
b) become a very focused and risk-taking innovator again
Either way, there's a chance it'll all blow up, but at least with the second option there's also a chance they'll turn around this slow decline.
But I'm not a businessman so I don't stand too strongly behind these statements, hehe.
Not only do they make just about everything, their everything most of the time is only compatible with their proprietary BS. You know why I didn't buy Sony reader? Who the hell want to bet on Sony Ebook shop over Amazon or B&N's library... and their readers are still more expensive to boot.
zomgbbqftw
Banned
Their imaging division is in decent shape. The NEX-7 is absolutely amazing, I was looking at one along with the 24mm CZ. I got a look at the FS700 as well, not to buy, but it is quite a big product in film and TV production as it does 4k with interchangable lenses for much, much less than the competition.
I would say the Translucent mirrors and CLED are good innovations, the OLED viewfinder for the cameras and the HMZ-T1 is good as well and I would like to see them make the HMZ into a proper product, not just an experimental one. They did the same with OLED and the XEL-1 which was great but it was never followed up with a $20k 32" OLED. People would have paid whatever Sony asked in 2009 for OLED, now they are looking at CLED which is the same as OLED but they won't be able to charge $20k for a 32" version because LG are said to be pricing their 55" OLED at $10k.
Again, Sony have no vision. Stringer was the CEO that Sony needed, but he didn't have the vision. I just hope Kaz has got it.
snoopeasystreet
Member
After the instagram buying I began thinking about how much money a billion dollars is and realised that I could buy every material possession I ever wanted a few of times over. 6.4 billion is waaaaay more than that. Sometimes I just don't understand how much money is in the world.
Backfoggen
Banned
That's what you get when you put crap like the Tablet P on the market.
No thanks.
Cygnus X-1
Member
Even making too much is not good. I think sooner or later they'll have to follow Philips's strategy and cut everything who does not generate profits.
CadetMahoney
Member
Reallink
Member
Don't worry guys, their TV business is on the right track. Their recently redeployed S.U.R.E price controlling program raised the prices of some of their TV's by $1000 over night. If the same TV wasn't selling at $2500, it's S.U.R.E to sell at $3500. Sony: saving Best Buy from Amazon one over priced TV at a time.
It could run ICS virtuzalized as another app. This way you get access to all the android apps.
frankie_baby
Member
great way to encourage developers to make vita games, have them compete with thousands of pieces of free shite
Damn you guys are brutal. LOL
OldJadedGamer
Banned
Outside of my PS3 I can't remember the last time I bought a Sony product.
deadhorse32
Bad Art
I just bought a Xperia S, I liked the design
Infamous Chris
Banned
What if Samsung is the manufacturer for the Steambox like they are with Android phones?
MEGATON
MEGATON
http://www.latimes.com/business/money/la-fi-mo-best-buy-brian-dunn-20120410,0,2919280.story
Best Buy is also in deep shit for selling overpriced garbage. The secret is out, BB! People are figuring out you're selling HDMI cables 15x above cost!
But seriously lol @ Sony for them forcing 3D only to completely backfire. Eastern and Western hubris is beginning to be one in the same (see Capcom).
Best Buy is also in deep shit for selling overpriced garbage. The secret is out, BB! People are figuring out you're selling HDMI cables 15x above cost!
But seriously lol @ Sony for them forcing 3D only to completely backfire. Eastern and Western hubris is beginning to be one in the same (see Capcom).
Stumpokapow
listen to the mad man
Well, except when they then need to gut Sony Digital Imaging because the professional market isn't big enough, the hobbyist market belongs to Canon and Nikon, and the general public ditches point-and-shoots in favour of their phones.
So then they'll be a content company.
My feelings, exactly.
I purchased a Bravia XBRHX929 back in February, due to the rave reviews it was receiving as the best television money can buy.
While it is indeed a very good set (as it should be, for $3500), I was disappointed to find out that both my Samsung and ancient Panny Plasma both provide a noticeably better picture, and at half the cost.
Historically, Sony has earned the reputation as providing impeccable television quality, but seems to have stumbled over the last several years. With the outrageous price tags and "second best" products, they are approaching Bose level of pseudo-excellence.
Sony's days are numbered I believe, their brand value is gone, their old quality products (like Trinitron)are gone, their loyal fans are gone too, everything,Sony as a company is not needed anymore, they are not lead or anything and not that good in most of things they are in ( movies, music, DD, electronics..ect).
But I think the beloved PlayStation brand do need saving ( and it's the only thing that worth something in this company)and in the hands of another (and good) company like LG ,Apple or Samsung, the Playstation brand might return to it's glory days again.
I think selling PlayStation ( name and SCE group ) to Samsung will be a good solution for all of this mess,and Samsung is very strong and it remind me of the old Sony, they can be a strong player against Microsoft and Nintendo and buying PlayStation and Sony first party can help them big time, and it can be a win-win for almost everyone involved.
But I think the beloved PlayStation brand do need saving ( and it's the only thing that worth something in this company)and in the hands of another (and good) company like LG ,Apple or Samsung, the Playstation brand might return to it's glory days again.
I think selling PlayStation ( name and SCE group ) to Samsung will be a good solution for all of this mess,and Samsung is very strong and it remind me of the old Sony, they can be a strong player against Microsoft and Nintendo and buying PlayStation and Sony first party can help them big time, and it can be a win-win for almost everyone involved.