Is their TV division really *THAT* fucked?
Samsung TVs are basically the only really sought after brand.
Is their TV division really *THAT* fucked?
Sooooo... good time to buy a Ps3?
Still doesn't compete with the best name I've ever seen:i wish my name was Damian Thong.
I guess I´m part of the problem.. I just bought a LG television.. damn me..
Sounds like Sony needs to get a second job.
Since it has God Of War 3, Uncharted 1-3, Heavy Rain, some other games (Journey etc.) and a another batch of good looking ones in the pipeline (The Last Of Us, Beyond: Two Souls, God Of War 4, Versus, The Last Guardian) - you should get one!
Cause I took all their ps+Why? Parts of the company are quite strong, they still have a high level of brand recognition, and their financial division literally prints money.
Stuff like their TV line will get trimmed down radically, but their gaming division is not where the problem lies.
Just... don't hold your breath on that last one.
Poor Panasonic. They deserve much better.
Sony just needs to restructure and they'll be fine.
Cause I took all their ps+
Great time to buy stock
Just... don't hold your breath on that last one.
Cause I took all their ps+
Yup. This restructuring stuff has been going on for a long time now, and there has been little positive news from it.
Agreed the whole Japanese electronics industry has problems. But compare Sony's loss with Panny's: 15.5bn yen vs 700bn yen loss in the previous q. Degrading Sony's credit is a bit unfair since they were forecasting to return to profitability by the end of FY, the cut will make the way for recovery more difficult.
They were also looking to sell 16 million portable consoles, which dropped to 12 million, which dropped to 10 million, which drops to what next?They've cut losses 75% YoY and are looking at a profit this FY.
A bit off topic here, but i thought the VT series was the best from Panasonic, is this accurate?
Because portable consoles are the only thing Sony sells right?They were also looking to sell 16 million portable consoles, which dropped to 12 million, which dropped to 10 million, which drops to what next?
So I wouldn't give that much confidence to their own predictions. Especially if you are an investor.
The gaming division may be one of their better performing divisions but its hardly setting the world on fire, anything less than a perfect ps4 launch and it could be game over
someone please explain credit ratings for dummies..?
I get a weird feeling that Sony may not be around much longer
Sony has moved a few desks around. They haven't done any real restructuring yet.
This. I love their plasma TVs.
Launch a game console, Samsung. doitdoitdoit
Basically it makes it harder and more expensive for Sony to lend money.
This. I love their plasma TVs.
Launch a game console, Samsung. doitdoitdoit
This move will only make a difference if Sony have to go back to the capital markets soon. They don't, and if they meet their own profit forecasts (which are lowballed, for obvious reasons) they won't have to go back for a few years. The danger for Sony is if the pace of reform slows down, so in a way this move helps Kaz as it gives him the ammunition to make the reforms necessary to get Sony back on track with much less resistance from the old guard on the board and Sony's infamous middle management.
Just like the downgrade of France forced Hollande to make economic reforms, this downgrade of Sony forces the board to allow Kaz to make his reforms.
Just bought a 40 inch Samsung HD TV for 340 euros. Sony can't compete with that.
Bu...bu...but the PS9!I get a weird feeling that Sony may not be around much longer
Now I feel bad for considering a Samsung. Guess I should swap that idea for a Panasonic or Sony.Samsung TVs are basically the only really sought after brand.
Are you really trying to spin Sony's losses as not that bad? And just because they forecast a return to profitability doesn't mean they actually will do, remember these are the same forecasts that suggested they'd sell 10 million vita this year, pmsl
Now I feel bad for considering a Samsung. Guess I should swap that idea for a Panasonic or Sony.
This is not sony's prediction...They were also looking to sell 16 million portable consoles, which dropped to 12 million, which dropped to 10 million, which drops to what next?
So I wouldn't give that much confidence to their own predictions. Especially if you are an investor.
Are you really trying to spin Sony's losses as not that bad? And just because they forecast a return to profitability doesn't mean they actually will do, remember these are the same forecasts that suggested they'd sell 10 million vita this year, pmsl
Sony just needs to restructure and they'll be fine.
Because portable consoles are the only thing Sony sells right?
I get a weird feeling that Sony may not be around much longer
I get a weird feeling that Sony may not be around much longer
This. I love their plasma TVs.
Launch a game console, Samsung. doitdoitdoit
Kaz is last major responsibility was the PS3... this man is no steve jobs.
So, Naughty Dog goes to Valve. Polyphony Digital goes independent, Media Molecule goes to Nintendo, Sucker Punch goes to Microsoft. David Cage Quantic Dream starts their own movie studio. Team Ico (Fumito Ueda alone) goes iOS, Bend to Facebook games. Sony Santa Monica goes to EA giving technical support to all their internal studios and creating a new next gen Frostbite 3.0.