Sony has a 78% to go Bankrupt within the next 2 years - Polidicks

Sony has a 78% to go Bankrupt within the next 2 years according to Macroaxis (a financial engineering tool website that analyzes companies and determines their well-being). [QUOTE]If one algorithm is to be believed, things are looking grim for Sony. The maker of the PlayStation 4, according to Macroaxis, has a 78 percent chance of going bankrupt in the next two years. Here’s a quote from their bankruptcy probability tool for Sony Corporation. Based on latest financial disclosure Sony Corporation has Probability Of Bankruptcy of 78%. This is 181.53% higher than that of Consumer Goods sector, and 168.71% higher than that of Electronic Equipment industry, The Probability Of Bankruptcy for all stocks is 121.29% lower than the firm. NeoGAF user Contra11 pulled up Microsoft and Nintendo’s probability of bankruptcy for comparison. Microsoft has a 1 percent chance of going bankrupt in two years, while Nintendo sits at a 22 percent chance. Nintendo’s odds are particularly interesting given the community mentality that the company has had one foot in the grave for nearly 20 years now. Gaming, though, is such a small slice of what Sony does as a business. They sell TVs, sound systems, portable music devices, computers, cameras and a whole lot more. Based on the performance of the PlayStation 2, PlayStation 3 and, at least initially, the PlayStation 4, Sony’s been doing well in gaming. Everywhere else? Perhaps not as well as the company would like. As one of the gaming writers for this site, my knowledge of Sony as a business is sort of limited to what they do in my field. As a consumer, my perception of Sony as a maker of products changed with the minidisc and the fall of the Walkman. Sony used to dominate portable music in a crazy big way. Walkman was synonymous with portable cassette players in the same way the iPod is with MP3 players. Everything, regardless of brand, was a Walkman. Since the fall of the Walkman brand, in my book, Sony hasn’t been the same maker of electronics. Games? They are fantastic. Otherwise? There are so many other alternatives. Macroaxis is little more than an algorithm-based prediction tool. They use stock numbers to predict the long term health of companies, something one would need future-telling powers to predict accurately. Despite that, this does present an interesting look at the company. Is Sony in trouble or are these numbers off?[/QUOTE] Source: [url=http://www.technobuffalo.com/2014/01/02/sony-has-78-chance-to-go-bankrupt-in-two-years-says-macroaxis/]TechnoBuffalo[/url] via: [url=http://www.macroaxis.com/invest/ratio/SNE--Probability-Of-Bankruptcy]Macroaxis[/url] I call BS, Sony is a profitable company who operate in more than one sector of industry, besides, the PS4 sales alone prove profitability.

[QUOTE=e.;43528284]Sony has a 78% to go Bankrupt within the next 2 years according to Macroaxis (a financial engineering tool website that analyzes companies and determines their well-being). [IMG]http://www.technobuffalo.com/wp-content/uploads/2014/01/Sony-Probability-of-Bankruptcy.jpg[/IMG] Source: [url=http://www.technobuffalo.com/2014/01/02/sony-has-78-chance-to-go-bankrupt-in-two-years-says-macroaxis/]TechnoBuffalo[/url] via: [url=http://www.macroaxis.com/invest/ratio/SNE--Probability-Of-Bankruptcy]Macroaxis[/url] I call BS, Sony is a profitable company who operate in more than one sector of industry, besides, the PS4 sales alone prove profitability alone.[/QUOTE] [i]But the computer says it's going to happen! Computers can't lie![/i]

Yeah sounds pretty stupid. I also highly doubt Nintendo has a 22% chance. They've been in business for so long and made so much money, I remember reading somewhere that they could operate without even making profit for X amount of years with no problem based on capital.

Saying Nintendo has had a foot in the grave for the last 20 years is all I need to hear to decide that I can shit myself laughing at all of them. Have they fucking paid attention to Pokemon even for 2 seconds?

[QUOTE=pentium;43528309][i]But the computer says it's going to happen! Computers can't lie![/i][/QUOTE] I feel like this was a Dexter's Lab episode

[QUOTE=e.;43528284]I call BS, Sony is a profitable company who operate in more than one sector of industry, besides, the PS4 sales alone prove profitability alone.[/QUOTE] I think you might not be realizing the difference between revenue and profit. The PS4 sales don't prove profitability at [B]ALL[/B] because they are being sold at a loss. They are generating a lot of revenue from the PS4 but none of it is profit.

Sorry about the small errors within the title and body.

It would suck for Microsoft to pretty much have a monopoly on the hardcore console market.

[QUOTE=KmartSqrl;43528348]I think you might not be realizing the difference between revenue and profit. The PS4 sales don't prove profitability at [B]ALL[/B] because they are being sold at a loss. They are generating a lot of revenue from the PS4 but none of it is profit.[/QUOTE] True, but I see more than just profitably in the hardware itself ie. if you buy the console your more likely to fall for subscription costs via PS+, purchasing/renting products from the system itself and purchasing accessories for the system such as the camera, controllers etc. Besides it's all good publicity for the company, they sell more than just one product. [editline]14th January 2014[/editline] Looking forward to the next Mintel/Keynote reports on Sony now, would be interesting to see their analysis.

[QUOTE=Mr. Zombie;43528390]It would suck for Microsoft to pretty much have a monopoly on the hardcore console market.[/QUOTE] nintendo

Examining the companies' financial records, which are put online as it is a publicly traded company, it is apparent that Sony has been in a bad place for a long time (duh, its been widely reported on). However, with the profit being pulled in by the ps4, it has no chance of going under anytime soon. If any of you are at university you should have access to various databases with this information included. Very interesting stuff, particularly if you invest like me, as a companies financial status is more important in the long run than market speculation for long term holding.

I'm currently studying a Business degree at University (my main focus being data analysis), I don't believe that Sony are capable of going bust (at least within that time frame stated).

[QUOTE=KmartSqrl;43528348]I think you might not be realizing the difference between revenue and profit. The PS4 sales don't prove profitability at [B]ALL[/B] because they are being sold at a loss. They are generating a lot of revenue from the PS4 but none of it is profit.[/QUOTE] I think the term people are usually looking for is "faster to break even" since that's what it seems like. Hopefully that is true because it would suck to see sony go.

[QUOTE=meppers;43528472]nintendo[/QUOTE] why is this rated funny? I could quite easily see a lot of people turning to nintendo if sony went, and Nintendo might see it as an oppurtunity to get a piece of the cake sony would leave behind

[QUOTE=meppers;43528472]nintendo[/QUOTE] "hardcore" I mean I like the console but you have to admit, when people think about playing CoD or some other AAA game most of the time they wouldn't think to play it on the Wii first. Nintendo would have to appeal to the "hardcore gamer" audience first.

[QUOTE=e.;43528639]I'm currently studying a Business degree at University (my main focus being data analysis), I don't believe that Sony are capable of going bust (at least within that time frame stated).[/QUOTE] Sony would obviously have to fail at some point, but within two years? No way. They are involved in way too many markets for that to happen any time soon.

[QUOTE=MrJazzy;43528650]why is this rated funny? I could quite easily see a lot of people turning to nintendo if sony went, and Nintendo might see it as an oppurtunity to get a piece of the cake sony would leave behind[/QUOTE] I would imagine that more consumers would be inclined to lean towards the PC market.

[QUOTE=e.;43528669]I would imagine that more consumers would be inclined to lean towards the PC market.[/QUOTE] Probably both, if you ask me.

[QUOTE=e.;43528669]I would imagine that more consumers would be inclined to lean towards the PC market.[/QUOTE] Probably, I'm not saying nintendo is going to replace Sony or anything I'm just saying Microsoft aren't gonna get a monopoly on the console market by any means and Nintendo would definitely step in

I would personally like to see Apple have a stab at the gaming industry, if Sony were to drop out of contention I would certainly present them an opportunity. However I would hate to see them systematically release a new console every year which is identical to the previous model apart from a few features.

[QUOTE=e.;43528732]I would personally like to see Apple have a stab at the gaming industry,[/QUOTE] [URL="http://en.wikipedia.org/wiki/Apple_Bandai_Pippin"]they did[/URL] some time ago.

[QUOTE=e.;43528732]I would personally like to see Apple have a stab at the gaming industry[/QUOTE] They did. It's called the Apple Pippin. what the hell, late by two minutes

but isn't sony like the 2nd largest company in asia behind samsung, i mean they are both known to the west for electronics but in asia they have many more divisions, such as component factories and construction firms [editline]13th January 2014[/editline] [QUOTE=Mr. Zombie;43528390]It would suck for Microsoft to pretty much have a monopoly on the hardcore console market.[/QUOTE] console market is blending with android and PC gaming markets already, microsoft's offering would be far from the only one on the market

I don't understand shit about business practices, saying that, I call BULLOCKS on this report.

so why the fuck is a random user's posting on neogaf being used as a hard source

[QUOTE=e.;43528639]I'm currently studying a Business degree at University (my main focus being data analysis), I don't believe that Sony are capable of going bust (at least within that time frame stated).[/QUOTE] I study a Bachelor of Business [i]and[/i] Commerce (woah dick waving), but that doesn't qualify me to make any statement and use a degree I haven't even earned yet as proof of legitimacy. Let's not forget that gaming is only a small portion of what Sony does, and that not only are they not making any profit on each PS4 unit sold, but their other (non-Playstation) products haven't been doing that well.

[QUOTE=Dr. Fishtastic;43529044]so why the fuck is a random user's posting on neogaf being used as a hard source[/QUOTE] The author probably couldn't be bothered to look up the financial reports of Microsoft and Nintendo on the Macroaxis tool, and instead copy & pasted a comment from neogaf.

If Sony did go bankrupt then the Steam machine might actually have a chance of success by filling the void left by the Playstation.

[QUOTE=Antdawg;43529049]I study a Bachelor of Business [i]and[/i] Commerce (woah dick waving), but that doesn't qualify me to make any statement and use a degree I haven't even earned yet as proof of legitimacy. Let's not forget that gaming is only a small portion of what Sony does, and that not only are they not making any profit on each PS4 unit sold, but their other products haven't been doing that well.[/QUOTE] There's nothing wrong with speculating and having an opinion on a forecast is there? Just thought it would be cool to add some personal perspective into the situation from my studies, especially as some of the other viewers probably major in other fields.

[QUOTE=e.;43529129]There's nothing wrong with speculating and having an opinion on a forecast is there? Just thought it would be cool to add some personal perspective into the situation from my studies, especially as some of the other viewers probably major in other fields.[/QUOTE] Nothing wrong with an opinion, I'll respect yours. But the way you worded it was as if the degree that you're working on (and not earned), especially with the mention that you focus on data analysis, adds legitimacy to your opinion (which it doesn't).