Sony has a 78% to go Bankrupt within the next 2 years
65 replies, posted
Even if Sony went Bankrupt, I recon the PlayStation brand has enough strength to continue on it's own.
Imagine Playstation without all the other media and proprietary crap Sony shoves in.
[QUOTE=Antdawg;43529194]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).[/QUOTE]
Certainly so. I was intending to add more personal perspective and scope (such as your opinion of Sony's other holdings) - especially considering the tendencies of the media.
Nice to meet another Business student by the way.
Turns out the algorithm gained sentience and became an Xbox fanboy
So I went to the source page, numbers seem to have completely shifted.
[IMG]http://i44.tinypic.com/28i9kkl.png[/IMG]
snip
5 years ago I honestly wouldn't have had a hard time believing this, with the poor ps3 sales and utterly massive loss per unit. Did they ever really recover from that?
In any case, I hope they stick around. I've always been a big sony fan. I haven't bought a ps4 yet (still catching up on old ps3 games,) but I want to trade in my nikon for an a7 and my iphone for an xperia. I would buy my home appliances from them if they made any!
[QUOTE=e.;43528669]I would imagine that more consumers would be inclined to lean towards the PC market.[/QUOTE]
Most PC owners had a PS3 and vice versa. Sony has a firm footing inside the PC market as well.
There is no way this is true. They are giving away free games left and right and they're about to have [url=http://m.slickdeals.net/f/6625082-sony-playstation-psn-14-for-14-sale-starts-tomorrow]a huge sale[/URL]. They seem to be doing well in other departments, too. Sony TVs are the most common in my opinion.
[QUOTE=Water-Marine;43528329]I feel like this was a Dexter's Lab episode[/QUOTE]
"Shut up, Computer, and make me a sandwich!"
[img]http://i1.ytimg.com/vi/ax5vTjEM-cs/hqdefault.jpg[/img]
I can't see sony going bankrupt of the PS4's success
[QUOTE=DaDillsta;43528318]They've been in business for so long and made so much money[/QUOTE]
I'm guessing most of this forum is too young to remember this
[img]http://www.crawfordsworld.com/rob/AP%20Macro%20Year/Enron/images/EnronT2.gif[/img]
[QUOTE=catbarf;43530445]I'm guessing most of this forum is too young to remember this
[img]http://www.crawfordsworld.com/rob/AP%20Macro%20Year/Enron/images/EnronT2.gif[/img][/QUOTE]
But that was on purpose.
[QUOTE=Acti;43528906]I don't understand shit about business practices, saying that, I call BULLOCKS on this report.[/QUOTE]
I think you mean "bollocks". This is a bullock.
[img]http://i.dailymail.co.uk/i/pix/2008/08/18/article-0-0266EA11000004B0-839_468x426.jpg[/img]
[QUOTE=carcarcargo;43530174]I can't see sony going bankrupt of the PS4's success[/QUOTE]
Except that the Playstation products are only a small range of Sony's total products, and only a small portion of its profits as well.
[QUOTE=Antdawg;43530741]Except that the Playstation products are only a small range of Sony's total products, and only a small portion of its profits as well.[/QUOTE]
Sony has actually been pushing hard on things like 4K cameras that are somewhat affordable and the like. They haven't been doing well and it looks like their response is to try to make awesome shit.
Also Sony run their own bank in Japan, keep that in mind too. Banks normally only go down when they have shit investors or the currency they deal in goes under.
In short, they're still quite rich and probably will be for the foreseeable future.
[editline]14th January 2014[/editline]
actually scratch that I know nothing about banks.
Isn't Sony mostly driven by their insurance/financial divisions?..
[QUOTE=Atlascore;43531014]They fell apart because of fraud, most of their growth in those last few years was practically fake.
[editline]14th January 2014[/editline]
In other words, that has nothing to do with Sony's current situation.[/QUOTE]
[QUOTE=Swilly;43530509]But that was on purpose.[/QUOTE]
And entirely unknown to the public until the news broke.
Sony right now is actively selling consoles at a loss (they are [I]losing money[/I] on every one they sell), and going all-out on expensive promotions, freebies, and other expenses, on the assumption that it will pay itself back. All it would take would be some 'creative accounting' regarding the actual expenditure and the company could go from successful to hemorrhaging money overnight.
I'm not saying I think this is happening, but there is no company too [I]seemingly[/I] successful to suddenly collapse without warning, and predictions like this shouldn't be dismissed out of hand just because the company seems too big to fail.
Yes, but selling the console at near breakeven point gives them competitive advantage - they wouldn't sell the console at that price without some level of competitive strategy, likely as their subscription costs will more than likely pickup more steam this time around, [url=http://www.geek.com/games/sony-will-sell-every-ps4-at-a-loss-but-easily-recoup-it-in-games-ps-plus-sales-1571335/]alongside other things[/url].
[quote] 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.[/quote]
This is the point where I stopped taking this seriously.
[QUOTE=Mr. Zombie;43528390]It would suck for Microsoft to pretty much have a monopoly on the hardcore console market.[/QUOTE]
that would be the best thing to happen to gaming in decades. microsoft would go nuts with all the horrendous features they already had planned for XB1 and they'd just generally not give a fuck because they think they have the market cornered, and everyone would realize how shit of a company they'd become and soon people's attention would start shifting to "steamboxes".
Saying Sony is gonna go boom-boom is like saying PC gaming is dying.
[QUOTE=DEMONSKUL;43532545]Saying Sony is gonna go boom-boom is like saying PC gaming is dying.[/QUOTE]
Oh shit, does that mean Razer is going to have to save Sony too?
[QUOTE=DEMONSKUL;43532545]Saying Sony is gonna go boom-boom is like saying PC gaming is dying.[/QUOTE]
Or that Nintendo's dying.
They never stop being hilarious, no matter how much it's regurgitated.
Economists and there predictions, I remember my english professor calling the economics professors a joke cause they're hardly ever right.
All of you saying they're saying Nintendo is going to go bankrupt obviously didn't read the actual site or even tried to understand what the percentage meant - companies under 15% are likely to grow in the next two years, and only companies over 90% are likely to go bankrupt in the next two years.
Wouldn't be the first time a large, seemingly successful company has bitten the dust.
I'd be skeptical of this, as it's a prediction. Generally large scale corporate collapses of that nature have been sudden and unpredictable.
If theres two companies that I really want bankrupt it is EA and Activision. Seriously nothing good comes out of them every game is filled with dlc and 60$ price tags, The gaming industry needs to be lifed from this bloated dlc charade.
[QUOTE=Mr. Zombie;43528390]It would suck for Microsoft to pretty much have a monopoly on the hardcore console market.[/QUOTE]
Whenever one company fails another rises up. Realistically if Microsoft or Sony stopped making consoles, some other tech company would step it.
Sony as a whole? Hell no.
Their video games division? Fucking R.I.P., death by a billion PCs.
Sorry, you need to Log In to post a reply to this thread.