Is Sony crumbling or is this part of the reconstruction?

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Originally Posted by KitsuneNight

the playstation 4 was profitable
its profits just got devoured by the massive bleeding
the biggest bleeders were the pc and tv divisions though sony is bleeding money everywhere

now lets see if they can turn it around ( would you believe that apple was on the brink of death in 1997 with about 330 million left ? )

and so far it has been a sort of open secret that sony would be in the sinkhole for at least 1 billion

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someone who clarified the pdf said that "playstation" alsp reported losses. Not sure if its ps4+marketing or the whole playstaion division as a whole. ps3 now sells at profit, vita is dead and ps4 is reported by some to already selling at a profit.

The vita has just been reported to have sold less than 3400 for the whole month of april so it could be coming from there. But since sony seems to invest so very little in the vita i'm not sure.

I think everyone should expect a lot of change at Sony. The enititled sony we know right now that throws money at stuff like its nothing is forced to change. Sony seems to had grown a mentality of a lot of spending. So much that they expect another half billion dollar loss in the upcoming year. I wouldnt be surprised if sony, just like with the vita, stopped funding alot of expensive 1st party games on ps4. They have to bank more on 3rd party support to share the funding with exclusive content.

For all the shit xbox gets, microsoft is a long way from stopping legitimate support. Interesting times

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Originally Posted by old man

http://i.vimeocdn.com/video/402720295_640.jpg

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It was "like watching the Hindenburg in slow motion." - Scot Bayless on twenty years ago.

im just bothered by ignorance of many peeps.

For those who had been following this thread a bit, they may remember that sony has been going through huge financial trouble lately. But things look a lot better if you look at ps4 succes. Does this mean sony actually is gonna achieve making their forecast of 0.5 billion dollars? Or maybe even less now?

Sadly no. It actually quadroplled to 2.1 billion dollar loss. 4 times of what was forecasted a while ago. Honestly this is pretty sickening and unexpected. It seems mobile is the part that caused t, yet sony still isnt constrained with how they spend and use their money. A japanese conpany with a very US corporate mentaltity.

It kind of makes me sick to see how companies and not just sony, get so much leeway untill it is too late. Sony is not gonna ge out of this slump when even loss forecasts end up worse to such a huge degree.

http://bloomberg.com/news/2014-09-17...mpetition.html

http://www.bidnessetc.com/25770-sony...ffect-profits/

http://benzinga.com/article/4858311

http://chron.com/business/technology...le-5760751.php

In my opinion sony needs to start acting more responsible, acting like a company in need which should be more conservative. It looks more like arrogance and pride more than anything right now.

Sony still has money. Not that they shouldn't be worried. But it can take a few years for a major turnaround to happen in companies that large. It's like steering the Titanic. You can start the movements, but it may be awhile before you see any change.

Of course they could run right into an iceberg as well, so there's always that. lol

Why is Sony still trying to succeed in the mobile market? It wasn't too long ago, that Sony-Ericson was on the ropes with no hope of staying competitive and yet Sony is still investing in it. They need to do more like what IBM has done, drop profit losing hardware and focus more on providing services with less overhead. They can maintain their videogame, television/display, media player and movie/music services, since they are still competitive. They recently dropped their PC division and should do the same for the mobile market.

The reason why Sony has failed with the mobile phone business is because Sony is not competing directly with the Apple iPhone and Samsung Galaxy phones. Sony needs aggressive advertising and innovative phones to even compete on a competent level. What are those over paid executives thinking....people are just going to seek out their phones because of the Sony brand? They deserve to loose every cent because of that. Purge the execs, and hire some seasoned talent on both the technical and marketing side. Shoot for 1st place. Simple business logic.

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Originally Posted by Lan Di

The reason why Sony has failed with the mobile phone business is because Sony is not competing directly with the Apple iPhone and Samsung Galaxy phones. Sony needs aggressive advertising and innovative phones to even compete on a competent level. What are those over paid executives thinking....people are just going to seek out their phones because of the Sony brand? They deserve to loose every cent because of that. Purge the execs, and hire some seasoned talent on both the technical and marketing side. Shoot for 1st place. Simple business logic.

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It's a flooded market though. Samsung has the technology edge over its competition, while Apple has the superior number of user apps and ITunes connection. You have companies like LG and HTC providing better hardware than Sony and better partnerships with Cell Phone companies, and even they are having a hard time making a dent in the market share. Motorola pushed a big-time advertising campaign for their Droid phones several years ago and it hardly made a dent in the market share. It's pretty much a lost cause for Sony to continue to pursue that market, when the big 2 are pretty much owning it.

http://www.digitalstrategyconsulting...onths_2013.php

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Originally Posted by gamevet

It's a flooded market though. Samsung has the technology edge over its competition, while Apple has the superior number of user apps and ITunes connection. You have companies like LG and HTC providing better hardware than Sony and better partnerships with Cell Phone companies, and even they are having a hard time making a dent in the market share. Motorola pushed a big-time advertising campaign for their Droid phones several years ago and it hardly made a dent in the market share. It's pretty much a lost cause for Sony to continue to pursue that market, when the big 2 are pretty much owning it.

http://www.digitalstrategyconsulting...onths_2013.php

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http://www.digitalstrategyconsulting...3_Small_V1.jpg


:eek:

Man I remember when Samsung was know for cheap TVs and stereo systems. Now here they are kicking Sony's ass. Proof the mobile marked has turned the world upside down.

I think sony going all in, in these risky projects is what is biting them in the ass.

Where does sony get their high profits from now anyway. Gaming is doing great but it seems not good enough to keep overall loss numbers low.

Usually the gaming division was subsidized by other divisions to make up for losses but now profits dont seem to come from anywhere. Seems things have turned around now but i wonder how much gaming is making for it to compensate. Sony is really loose with their hands when t comes to investing.

I kind of wonder if these risky methods are still sustainable nowadays. And how much gaming actually makes within the methods sony and microsoft use

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Originally Posted by Dja

Where does sony get their high profits from now anyway.

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Real estate, Insurance, and semiconductors.

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Originally Posted by Dja

I think sony going all in, in these risky projects is what is biting them in the ass.

Where does sony get their high profits from now anyway. Gaming is doing great but it seems not good enough to keep overall loss numbers low.

Usually the gaming division was subsidized by other divisions to make up for losses but now profits dont seem to come from anywhere. Seems things have turned around now but i wonder how much gaming is making for it to compensate. Sony is really loose with their hands when t comes to investing.

I kind of wonder if these risky methods are still sustainable nowadays. And how much gaming actually makes within the methods sony and microsoft use

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When Sony was owning the market with the PS2, the games division earned about $800 million per-year in profits.

Cnet.com......"Dear Sony, don't get out of smartphones yet.....Sony needs to stick it out in mobile, regardless of cost or losses. Smartphones represent the one essential piece of technology for the consumer, acting as the starting point for wearables, gaming, the digital home and everything else that's connected. If Sony truly wants to continue being a global player in the consumer-electronics world, standing alongside Apple and Samsung, it needs to have a mobile business".

This is exactyly my stance. Link--->http://www.cnet.com/news/dear-sony-d...artphones-yet/

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Originally Posted by Occutell

Real estate, Insurance, and semiconductors.

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aka the Hong Kong My Little Pony black market, geisha "escort" services for midgets, and hiring out their customer service reps as crash test dummy stand ins for General Motors.