OMG NO NOSECONES
Dude, 234 million in third quarter losses?
But, they have their fingers in all sorts of techie pies. TV's, computers, consoles, games, all sorts of stuff.
...or is that the point? We'd have to drill down to see what unit or units are dragging them down. Sell those divisions off or something...
Happiness is zero-gee with a sinus cold.
Film and music sections will be up, expensive consumer electronics will be down- the latter has bigger production costs and bigger margins, IIRC, so when they dip, the number is a lot bigger than other sectors. The consoles are loss leaders so the Playstation Network must be a sizeable part of the gaming division's profit making and they may have lost effectively a month's worth of business when that went down.
Throw in an earthquake too.
OMG NO NOSECONES
Article mentions that this is a trend, though, something like four years, although recent events certainly had a factor.
Happiness is zero-gee with a sinus cold.
Well the description of each sector's performance is a guess based on "this is what happens during a bad economy". Each year also has its own special circumstances though.
For example, the other article from 09 mentioned in the link goes back to when they were releasing the PS 3. Well, console releases are a period of loss for Sony, especially when it's pretty much a subsidised Blu Ray give away. Things perked up when they actually started making money from it in 2010 and the loss per console was reduced.
Also, to note, I don't believe that four quarterlies amount to a yearly when it comes to company profits and big corporations like Sony do not have financing time scales like the rest of us.
Jonah Falcon
The armored raven
Well, that's what happens when there's too much people like Jinguji Kei in Sony's ranks: materialistic, capitalistic and stoic
What profit is it to a man, when he gains his money, but loses his internet? Anonymous 16:26 I believe...
Prima Donna Director
Well, this is disquieting. My dad and several of my friends' parents work at the Sony disc manufacturing plant in my city.
"Urge to thump... rising." -Fighteer
Sony need to bite the bullet and kill their television arm. They are hemorrhaging money from that division, especially those god-forsaken three-dee pieces of crap that every telly manufacturer and their mammies descended upon like lemmings.
NOT THE BEES
Yeah, I can't help but wonder how much of this is from putting massive amounts of development and infrastructure into supporting stereoscopy when it adds almost nothing to the entertainment value of whatever you're watching.
Huh. It's such a big company, I had no idea. Are they really profit driven?
I vowed, and so did you: Beyond this wall- we would make it through.
V
Remember they're a Japanese business, so I guess they're not quite as profit-driven as US firms.
Keep Rolling On
The armored raven
That's not a valid reason to generalize a whole Japanese business field
Look at it this way : Sony's undergone competence decay since way back when they stopped producing Kirara Basso / Trinitron coloring, and started copycatting other televisions. If that doesn't spell 'profit driven' I don't know what does. They bought out Ericson : bad move. They flunked tapping into the cell phone market : worse move. They screwed up the spirit of their gaming development : worst move. And now all those mistakes are biting them hard in the asses. All because they are going for a 'profit driven' series of policies
What profit is it to a man, when he gains his money, but loses his internet? Anonymous 16:26 I believe...
http://www.gamespot.com/news/6344345.html
Wasn't really sure where to put this; cause while it is gaming news, Sony doesn't make just games.
Also, not sure what to think of this; what do y'all think?
"We're all paper, we're all scissors, we're all fightin' with our mirrors, scared we'll never find somebody to love."