Sony doubles full-year profit forecasts to 40 billion yen

[QUOTE="Karpetburnz"]"bu bu but Sony is doomed" :lol:Its good to see Sony making some good profits.mariokart64fan

With out selling off asserts Sony would have lost $2-3 billion.

[QUOTE="Zaibach"]

[QUOTE="AD216"] I agree 100% with the line of phonesGamingGod999

[QUOTE="DarkLink77"][QUOTE="Wasdie"]

They need to let go of phones too. They need to focus on their TV line and their entertainment lines. 

jg4xchamp

the best thing for sony as a company would be to let the playstation brand go. from what i understand, the ps brand is losing money.

AD216

you're stupid right? Playstation brand is one of the most profitable sections of SONY, without it's gaming department Sony might had even collapsed. Well an Empire can't collapse that easily but still it would be in a far worst situation! Sony understands that, that's why they've been investing into gaming even more. They totally reorganized their Playstation policy and strategy and are stronger than ever.

That's what happens when you the bloat, slim down, reorganize, and head in a strong direction. Sony was simply not focusing on its strengths and trying to be too diverse for its own good. The leaders recognized that and have been cutting the fat. 

Wasdie

[QUOTE="Wasdie"]

[QUOTE="jsmoke03"] agreed but i think they still have a long way to go. they need to let go of the camera's in the u.s. region imo and they cut out a lot of their failing businessDarkLink77

They need to let go of phones too. They need to focus on their TV line and their entertainment lines. 

There is a lot of money and stablity in TVs if they can get their line to sell well. I think it's worth the investement. 

They got lucky.

[QUOTE="Wasdie"]

That's what happens when you the bloat, slim down, reorganize, and head in a strong direction. Sony was simply not focusing on its strengths and trying to be too diverse for its own good. The leaders recognized that and have been cutting the fat. 

jsmoke03

[QUOTE="Zaibach"]

[QUOTE="GamingGod999"] The Xperia Z has been doing incredibly well, with a report indicating it's achieved 4.6 million sales in just 40 days.

GamingGod999

But my iPhone is satisfying enough (for now). :P

[QUOTE="GamingGod999"]

[QUOTE="Zaibach"]and has a lot of stellar reviews, if I do get a smartphone soon it will be an xperia Z

Zaibach

But my iPhone is satisfying enough (for now). :P

Sure, great news, but they had to sell half there property to make it happen. Kind of funny if you ask me!

[QUOTE="FireEmblem74"][QUOTE="call_of_duty_10"]

Sounds like Kaz is a much better ceo than ol' ken.

tyloss

and thier liabilities are 135+ billion. Compare that to Microsoft who has 121+ billion in assets and only 54 billion in liabilities.  Microsoft has more money to play with by substantial amount. 

[QUOTE="GamingGod999"]

[QUOTE="Zaibach"]and has a lot of stellar reviews, if I do get a smartphone soon it will be an xperia Z

Zaibach

But my iPhone is satisfying enough (for now). :P

Now convert that to dollars. $402 million.. and that's because they sold two headquarters.. yep, of course cows think it's great when you don't actually think about what's happening. Or read. WeepsForFools

It was way less to do with the PS4 and more to do with their mobile products and other electronics.  

[QUOTE="mariokart64fan"]

[QUOTE="Karpetburnz"]"bu bu but Sony is doomed" :lol:Its good to see Sony making some good profits.Newhopes

With out selling off asserts Sony would have lost $2-3 billion.

So is this for the entire company?

So is this for the entire company?

lostrib

[QUOTE="lostrib"]

So is this for the entire company?

Nonstop-Madness

I'm happy that Sony got a profit out of selling their company buildings. Praise Sony...percech

[QUOTE="Newhopes"]

[QUOTE="mariokart64fan"]no ones doomed lol the irony

Nonstop-Madness

With out selling off asserts Sony would have lost $2-3 billion.

From what we know Sony sold 2 buildings for around $2.3 billion they also sold Share's in other companies worth about $1 billion, they posted roughly $400 million profit that makes roughly $2.7 billion loss for the year without selling those asserts.

[QUOTE="jsmoke03"][QUOTE="Wasdie"]

That's what happens when you the bloat, slim down, reorganize, and head in a strong direction. Sony was simply not focusing on its strengths and trying to be too diverse for its own good. The leaders recognized that and have been cutting the fat. 

Wasdie

They need to let go of phones too. They need to focus on their TV line and their entertainment lines. 

Actually Xperia Z and ZL are doing very good in Japan, europe and middle east its a good start for SONY they were finally able to make a decent phone if they continue with this trend I can see them standing behind Samsung and Apple very soon when it comes to smartphones marketshare. 

[QUOTE="Nonstop-Madness"][QUOTE="Newhopes"]

With out selling off asserts Sony would have lost $2-3 billion.

Newhopes

From what we know Sony sold 2 buildings for around $2.3 billion they also sold Share's in other companies worth about $1 billion, they posted roughly $400 million profit that makes roughly $2.7 billion loss for the year without selling those asserts.

I don't understand that their tv's don't sell...Suppaman100

Because Koreans are doing it with cheaper prices thats why. Japan's labour, economy is higher overall so when they produce a product it costs companies there more than in Korea.

That's why when you see the same HDTVs from Samsung and Sony with a big difference in prices and that's killing their business in TV.

That's why Korean products are the cheapest between brands, you get the same quality and features ( not always ) with cheaper prices. The end consumer doesn't know why Sony products are freaking expensive so why go for the Sony TV when I got a cheaper LG/Samsung TV with the same quality?

That's why Koreans are killing it with electronics against the Japanese and that's why they are also slowly coming on top dominating the cars industry against the Japanese too.

It's also Japan's part of being stagnant overall in creativity and innovation over the last several years.

Wow postive news, that's awesome.