Reanimated said:
Sony leaving Clie behind in face of losses:
http://olympics.reuters.com/audi/newsArticle.jhtml?type=technologyNews&storyID=7707797
Sony leaving plasma TV market due to inability to turn a profit:
http://www.newstarget.com/004272.html
Sony posting losses circa 2001:
http://news.bbc.co.uk/1/hi/business/1457977.stm
Sony owned film studios posting quarterly losses:
http://www.worldscreen.com/newscurrent.php?filename=mgm225.htm
Rapidly devaluing dollar killing Sony profits:
http://news.bbc.co.uk/1/hi/business/2132947.stm
Sony sales tumbling, operating profit down 13% Company forced to restructure due to tough competition and weak demand (story on CNN just 3 weeks ago):
http://money.cnn.com/2005/01/27/news/international/sony.reut/
Do you require more, Sonycowboy, or have I made my point? A company that's in the middle of a cost cutting restructuring program probably isn't going to be terribly keen on a whole lot of loss leading products.
It seems you completely missed the point. You were to show me the numerous business divisions that Sony was closing down because of the "massive" losses.
1) Do you see that they were losing money on the Clies? No. They were incredibly successful relative to all of the other handheld makers and their withdrawl shocked almost everybody. But, Sony realized that the PDA market is dead, so why be there.
2) Getting out of plasma means their getting out of the TV business? Out of the high-def side? Nope, you're incorrect there again. I suppose Microsoft dropping Microsoft Bob meant they were getting out of the sofware market.
3) Are you seriously so desperate that you'll go back to four years ago to drag up a loss statement? :lol (I'll give you a hint, you didn't have to go that far. I didn't say that all divisions were profitable)
4) Sony's closing down MGM? Even though Sony doesn't own MGM? So, Sony has no losses relative to MGM. Sony owns a piece of MGM along with a score of other financial partners, including Comcast and financial firms. They bought it for MGM's back catalog of movies, whose value is phenomenal, especially to push Blu-Ray.
5) Currency concerns are closing what of Sony's? Again, a sad attempt.
6) Company restructuring. Jeez, Microsoft restructured their company a few years ago. Did they close down?
You showed me a single instance where Sony was having trouble with profitability and thus left a single subsector that was less than 5% of that business unit. You failed. Try again. you might find another one or maybe two.
But you said they were closing business units right and left because of massive losses. I guess you were just talking out your arse again.
My point still stands and I truly wish you'd get it. What you are doing is without a doubt trolling. Probably not to the extent to get you banned, because we all make little jabs here and there. Only that's all you do and you don't seem to ever engage in any real discussions that lead anywhere. Why not drop the crap and join us in actual dialog?