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Switch at top prompts Sony takeover talk
- Thread starter Deg
- Start date
Mashing said:
If seanoff's numbers are correct (they sound about right), then it's not as bad as my original post led on to believe. I couldn't find asset numbers. But it's not half as bad with those numbers seanoff posted, so that makes it have much more breathing room. Even LESS doom and gloom.
Mr Nash
square pies = communism
Well, time to break out our piggy banks, folks. We've rallied together to help GAF in the passed, now let's join forces to buy up Sony and re-invent the game industry in our own dark image. <drunken scottish accent>Who's with me? WHO'S WITH ME?</drunken scottish accent>
Maybe I've dreamt this up in a dream or something, or maybe it's actually something I've read...but didn't Sony mention something about using CELL in many different electronics?
If their electronics division is going downhill...perhaps is this what they need to turn things around 180?
If their electronics division is going downhill...perhaps is this what they need to turn things around 180?
Amirox
http://www.sony.net/SonyInfo/IR/financial/fr/04q3_sony.pdf
these are the numbers to Q3 04. U can read them there. It even breaks out Sony Life for u.
http://www.sony.net/SonyInfo/IR/financial/fr/04q3_sony.pdf
these are the numbers to Q3 04. U can read them there. It even breaks out Sony Life for u.
Funky Papa
FUNK-Y-PPA-4
Where's DCharlie? He must be evily chuckling on his place.
CosmicGroinPull
Member
Total liabilities of $67.3billion covered by $93.2billion in total assets.
I fail to see what the big deal is
I fail to see what the big deal is
seanoff said:
Holy shit, thanks. This is great stuff, man. I was lookin' for a direct source for a while. Don't know how I could miss this bad boy.
ohamsie said:
Sony is not "doomed", at least not yet. They have some major problems (as noted in this very thread), but like I said in the other thread they just have to get on the road to recovery which is very possible.
CosmicGroinPull said:
Unfortunately, I should have made my original post more clear, because I didn't have assets numbers. However, there's quite a lot "bad" about the position Sony is in it, even if it's not as bad as the original assessment
It's not quite "doomed" bad, though. (silly donacle)yes, but there is a vast gulf between not performing as analysts would like and being fucked.
See Enron, MCI.
Sony live in very competitive segments, they should not be compared to MS who operate as a virtual monopoly in the 2 areas that bring in all their profits. Information has much higher margins and much more flexibility when it comes to pricing. The demand curve for info products is almost flat, they have very few costs in producing the sw therefore if they price the stuff right they get massive profits. see MSs performance.
Compare Sony to LG, Matsushita, NEC, even Walmart, JC Penney etc this will be a more real comparison.
See Enron, MCI.
Sony live in very competitive segments, they should not be compared to MS who operate as a virtual monopoly in the 2 areas that bring in all their profits. Information has much higher margins and much more flexibility when it comes to pricing. The demand curve for info products is almost flat, they have very few costs in producing the sw therefore if they price the stuff right they get massive profits. see MSs performance.
Compare Sony to LG, Matsushita, NEC, even Walmart, JC Penney etc this will be a more real comparison.
seanoff said:
Oh, I totally agree. Although I think your Enron/MCI example is an extreme example of "doomed", but I know what you're saying.
But for what it's worth, Sony still has to do a lot to fix the problems it has. It is by no means a company "in the clear." Sony being doomed is just a wish certain people have, but the reality is Sony still has to fix things. They've tried to reach that 10% goal, but they simply haven't yet. And this latest rumbling about restructuring and the shake-up is just proof in the puddin', so-to-speak.
No since Ghosn took over at Nissan there is less resistance than there once was. He has done a remarkable job and returned Nissan to a strong position, so maybe sony just went after who they thought was best, not who was Japanese.
Amirox, obviously something has worked with their restructure, gross income down 7.5% net income up 55%. There's a story there somewhere.
Amirox, obviously something has worked with their restructure, gross income down 7.5% net income up 55%. There's a story there somewhere.
Wulfer
Member
I see one problem with Sony's recovery. Their gonna have to create more debt before the profits roll in. This is not a time to cut back on marketing and the price of the PS3 will be a key to win the battle. The question is does Sony go for more debt and pray to dig out of the hole or do they play it safe and raise costs on their products(a little bit) and try to recovery that way? I understand why the PS2 has never dropped in price now because Sony needed that profit.
Reanimated
Banned
Sony won't be sold whole. The company will be sold off in chunks.
mashoutposse
Ante Up
soundwave05 said:
You need more practice reading financial statements
Sony has $5.5 billion in cash reserves.
Smiles and Cries
Member
wow I need to go to bed but this news seems amazing am I drunk or already sleeping and this is a Nintendo Fan's wetdream?
It seems that the bottom line is that Sony is not in entirely clear waters at the moment and their executive shakeup could indeed change the way things are done at Sony, for better or for worse. They may shed divisions and they may change their approach. As others have said, Sony has been out of touch in the electronics department, but their games and movies departments seem to be doing well. They're also taking a big gamble on Cell and Blue-Ray and UMD.
I don't think it means all that much for SCE, but we'll see. Perhaps the new head will force some adjustments in the PS3 strategy that could hurt market position. Also, Sony may not be able to be as aggressive in terms of features and pricing going forward with their video game machines (see PSP and maybe PS3).
I don't think it means all that much for SCE, but we'll see. Perhaps the new head will force some adjustments in the PS3 strategy that could hurt market position. Also, Sony may not be able to be as aggressive in terms of features and pricing going forward with their video game machines (see PSP and maybe PS3).
Duckhuntdog
Member
Inumaru said:
Going third-party
Smiles and Cries
Member
kaching said:
Oh hell yes they are
Seriously though false alarm right?
Sony is a cool company... I rather see MS fall but I guess thats like asking God to fall
CrimsonSkies
Member
Damn that's insane. They have more debt than a 3rd world country.
Edit Nevermind. Read the 2nd page.
Edit Nevermind. Read the 2nd page.
Crankenstein
Banned
total assests being factories, building and such, etc? not very liquid and able to pay off debt if needed.
Vs. a huge amount of debt. That is like saying I have $100,000 in credit card debt. I have $5500 in the bank. I make $10 per hour but I have a heavily used trailer that I paid $110,000 for. Sorry, but Sony has a "credit" problem and a profit margin problem. Hence, the shake up.
does that make sony doomed? If the PSP does not have better tie ratio than what Japan is showing and the PS3 does not crush the competition like this gen, then Sony may go Kmart.
MS has the money to wait this out.