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Old 02-02-2012, 06:06 PM   #16
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This more than confirms the PS4 will be the last one in the market again.

Theres no way SONY can rearange their operations in less than 2 years. Also, the Vita isnt selling wich means one less chash cow for them in the long term. Also means they have no margin to drop the price of the Vita.

Things look grim for Sony. It really sucks as i was planning to go back to playstation next gen. Oh well...
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Old 02-03-2012, 12:16 AM   #17
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The Mainichi Shinbun paper reported on Friday that Panasonic will report later in the day that it will lose over 700 billion yen (about US$9.2 billion) in the fiscal year ending in March. The paper cited losses related to acquiring Sanyo Electric and an overall slowdown in electronics demand worldwide. Panasonic stated that the report was not based on any announcement it had made.

The company had previously predicted a loss of 420 billion yen (US$5.4 billion), after posting a net profit of 74 billion yen (US$971 million) during the last fiscal year. The loss would follow similar loss reports from Sony Corporation and Sharp Corporation this week.
Doesn't make Sony's problem look as bad, LOL. 9.2 Billion dollars that's absurd. Looks like electronic companies are suffering.

http://www.animenewsnetwork.co.uk/news/2012-02-02/newspaper/panasonic-to-post-us$9-billion-loss
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Old 02-03-2012, 05:13 AM   #18
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Put Ken Kutaragi back in his area (not necessarily on decision-maker position ; maybe a head supervisor of R&D like before), announce & make an awesome next PlayStation console, and they can start counting money from their SCE division. Just like winning team Shigeru Miyamoto + Satoru Iwata from Nintendo.
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Old 02-06-2012, 12:32 PM   #19
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The problem Sony needs to solve for the PS4 is that they need something to set it apart.

Wii U has the controller, Xbox is most probably gonna have kinect. Sony needs their own thing, and its not the move.
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Old 02-06-2012, 12:36 PM   #20
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Being fair to this shit based company, most companies in japan made a massive loss because of the issues they've had there. Panasonic, who are godly and awesome, made a huge loss too.
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Old 02-06-2012, 02:07 PM   #21
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Panasonic's loss makes Sony's loss small.

Panasonic, Philips, Sharp & Sony all struggling to sell enough TV's.
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Old 02-06-2012, 03:10 PM   #22
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Yeah, the taiwan floods smashed them hard. Sony were much luckier since I think they have a joint thing with samsung with their tv screens.
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Old 02-08-2012, 04:53 AM   #23
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Well, the strong yen hasn't helped any either. As the value of their currency goes up, the value of other currencies will relatively drop...so any overseas profit made is diminished while any losses incurred is exacerbated. Also, as the value of their currency increases, so does the cost of their products...making it harder to compete with Korean companies like Samsung or LG whose can easily undercut Sony (or any other Japanese producers) and still maintain a decent profit margin. So yeah...them Japanese gotta innovate and come out with cool shit for consumers...or they'll be in the red 'til they're dead. Sony's products use to sell themselves...but that ain't the case no mo'. Also they just announced the UMD transfer deal isn't coming to the US...screw that noise...I don't won't a PSV that bad.
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Old 02-08-2012, 05:07 AM   #24
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Originally Posted by Sulblazer View Post
Well, the strong yen hasn't helped any either. As the value of their currency goes up, the value of other currencies will relatively drop...so any overseas profit made is diminished while any losses incurred is exacerbated. Also, as the value of their currency increases, so does the cost of their products...making it harder to compete with Korean companies like Samsung or LG whose can easily undercut Sony (or any other Japanese producers) and still maintain a decent profit margin. So yeah...them Japanese gotta innovate and come out with cool shit for consumers...or they'll be in the red 'til they're dead. Sony's products use to sell themselves...but that ain't the case no mo'. Also they just announced the UMD transfer deal isn't coming to the US...screw that noise...I don't won't a PSV that bad.

i struggle to get this attitude .. 'i'm not buying a new console because old systems software wont run' ????

serioulsy ???

if thats the attitude then the new systems software obviously isn't good enough for you so don't buy the system in the first place.
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Old 02-08-2012, 05:17 AM   #25
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Yeah it's weird it would have been nice but if that's what your getting the system mainly for then there's something wrong.
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Old 02-08-2012, 08:04 AM   #26
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Backwards compatibility has never been a deal breaker for me.

I guess if you were the type of person that wants to play more than one game at once when you're away from home, and it just so happens one is a PSP title and the other a Vita. That's not me but I can kinda see that. Even then it wouldn't be a deal breaker, at most just an inconvenience.
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Old 02-08-2012, 10:44 AM   #27
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http://www.reuters.com/article/2012/...LA260120120208

Quote:
-- The likelihood of a strong recovery in Sony's earnings is low, due to a massive erosion of prices, falling demand, and harsh competition in Sony's mainstay businesses.

-- Standard & Poor's lowered the long-term corporate credit and debt ratings on Sony to 'BBB+' and removed the ratings from Credit Watch. We affirmed the 'A-2' short-term corporate credit rating.

-- The outlook is negative, reflecting our view that we could lower the ratings further if we see no meaningful sign of recovery in Sony's earnings within six to 12 months.

Standard & Poor's Ratings Services today lowered its long-term corporate credit and senior unsecured debt ratings on Sony Corp. to 'BBB+' from 'A-' and removed the ratings from Credit Watch, where we placed them Nov. 4, 2011. The outlook on the long-term corporate credit rating is negative. We base the downgrade on our view that severe circumstances in Sony's mainstay electronics businesses make a strong recovery in earnings unlikely. We base the negative outlook on the long-term corporate credit rating on our expectation that we could lower the ratings further if we see no meaningful sign of a recovery in Sony's earnings within six to 12 months. We affirmed the 'A-2' short-term corporate credit rating on the company.

Because of continuing net losses since fiscal 2008, Sony's profitability looks significantly weaker than that of its global industry peers. In addition, we believe its ratio of adjusted debt to EBITDA is likely to remain high for the next one to two years, even for companies in the 'BBB' category. Standard & Poor's also believes Sony's adjusted total debt to capital (excluding finance operations) will rise to around 40% as of March 31, 2012, from 35% a year earlier. However, we base our one-notch downgrade on our view that Sony's profitability and financial standing will gradually recover in fiscal 2012 because there will be no repeat of one-off expenses due to floods in Thailand and impairment losses on stockholdings. Also, we believe Sony's strong short-term liquidity (excluding finance operations) continues to support its financial stability.

The outlook on the long-term corporate credit rating on Sony is negative, reflecting our view that we could lower the ratings further if we see no meaningful sign of a recovery in earnings within six to 12 months. We expect strong price erosion and a fall in demand may delay a recovery in earnings in the company's TV segment and lead to further expenses in restructuring.

Sony's progress toward a recovery of earnings in its TV business in the coming six to 12 months will be key to our analysis of the company's credit quality. We may consider lowering the ratings on Sony if we see a likelihood of weak performance in the TV business leading to another net loss in fiscal 2012. Adjusted total debt to capital (excluding finance operations) of above 40% for an extended period would also pressure the ratings. To consider upgrading the company, we would need to see Sony stabilize earnings in its core businesses and show stronger prospects for financial improvement. Given the severity of the business environment, though, we consider the possibility of such an outcome low at present.
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Old 02-08-2012, 11:00 AM   #28
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Poor, poor Sony. They just can't catch a break.
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Old 02-08-2012, 02:23 PM   #29
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We should give them all our money. Help their bosses with their high wages and their christmas bonuses. Think of their christmas bonuses!!!
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