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Sony expects to post a fiscal-year loss of more than $2 billion
- Thread starter EdReedFan20
- Start date
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blame space
Banned
i mean that's not even that much money to lose really.. when you think about it.
Chiggs
Member
I, for one, blame Destiny.
LastGamer84
Member
So Sony has the exact opposite problem as MS? In that their game division makes bank but the rest of the company can't get its act together?
blame space
Banned
aren't they a life insurance company at this point? but they also kind of produce the vita?
ThoseDeafMutes
Member
How can deficits be real if our money isn't real
8 X 11 Printer Paper
Member
And own Spiderman...other then that yeah pretty much.
EdReedFan20
Member
They just posted the article (which is behind a paywall), but before that there was a quick "Breaking News" update which said they lost more money than they expected (I don't know how much more).
SeaOfMadness
Member
da fuq?
Kenshin001
Member
That's almost a whole Mojang.
hipbabboom
Huh? What did I say? Did I screw up again? :(
MS paid $2.5 billion for a $20 dollar game. Sony should just buy a game for $500 million and claim they bought it for $2.5 billion.
If nothing else, they can sell another building. The one they sold last time to improve earnings surely wasn't the only building they had. I'm sure they have at least 3 or 4 more buildings right?
If nothing else, they can sell another building. The one they sold last time to improve earnings surely wasn't the only building they had. I'm sure they have at least 3 or 4 more buildings right?
Notch should buy Sony.
Dastardly Jerks
Banned
I guess they should probably sell their rights to Spider-Man movies back to Marvel then.
I'm reading the article. It says Sony will now book a ¥180 billion impairment charge--the entire amount of goodwill in the segment--in the second quarter of this fiscal year due to lower sales of their mobile unit.
Sony's mobile strategy has been all sorts of screwy, so I'm not surprised it finally caught up with them.
Sony's mobile strategy has been all sorts of screwy, so I'm not surprised it finally caught up with them.
ReturnOfTheRAT
Member
I'm waiting for Google to buy them.
Nizz
Member
I honestly would love that to happen. Seriously.
The Auxiliary
Member
How much would that net them?
How much did the the sony gaming division lose since the PS4 came out?
BocoDragon
or, How I Learned to Stop Worrying and Realize This Assgrab is Delicious
vita = life
The Xperia Z3 is the first time they are launching in the US simultaneously with the world wide launch. Someone on GAF mentioned, that some of the older guard was so down right incompetent, that they refused to go out of their way to insure US carrier's had the phone.
Dastardly Jerks
Banned
Let's start a rumour that it'll net them approximately $2b and they'll be back in the green.
Disney can cover it.
hipbabboom
Huh? What did I say? Did I screw up again? :(
For what though? They'd just suck out the yummy patent bit from Sony's carcass for the purpose of weaponizing them and throw the rest of the violated flesh off a bridge into the cold bay.
I guess if you hate Sony it seems like an appropriate outcome to hope for but if you, like me, enjoy greatness then you should hope that Nintendo, Sony and Konami combine to form a virtual reality fitness spa for babies.
The loss seems to be coming from their mobile unit.
Looks like their crappy mobile strategy finally caught up with them.
Not releasing their phone in NA. Releasing so many derivative low and mid-range devices. Having a new flagship phone every 6 months. All sorts of bad decision making.
LyleLanley
Banned
http://www.the-numbers.com/movies/franchise/Spider-Man
I don't think that will be happening anytime soon.
Yeap. The very fact they ignored the US for so long is just another move in the myriad of stupid moves they've made.
blame space
Banned
uhhhh for the hearts and minds of millions of GAMERS?
captainraincoat
Banned
The gaming division as a while is not too bad but the Vita sales certainly let the whole thing down
While this may be a good thing it means if sony decide to start chopping up the company and selling it off the gaming division might get bought out by someone like apple...then we r all fucked
blame space
Banned
the problem is they're a huge conglomerate that's hemorrhaging a shitload of money.
Elwood Blues
Member
Sell another building.
LyleLanley
Banned
The only thing you can read on the WSJ article without an account is that their phone sales failed to meet expectations...
Slayer-33
Liverpool-2
Too many employees?
blame space
Banned
uhhh, sure. and they're making too much!
Can I have $2 billion?
More like too many different divisions under the same roof. So let's say, two are doing great, four are just above water and three are far below expectations and you quickly get loss
Dastardly Jerks
Banned
Now's not the time for logic, now's the time to be planting the idea in Sonys collective head so that we can finally get Spider-Man back on the right side.
davepoobond
you can't put a price on sparks
time to buy more stock once it goes down.
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