Yahoo: Nintendo swimming in red ink

  • 136 results
  • 1
  • 2
  • 3

This topic is locked from further discussion.

Avatar image for lordlors
lordlors

6128

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#51 lordlors
Member since 2004 • 6128 Posts

Where the hell are they spending all of this money? The Wii and 3DS are doing fine. I just don't get it.

Wasdie
R&D and other costs for Wii U? It seems they're doing the best they can for Wii U.
Avatar image for phonemug
phonemug

2224

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#52 phonemug
Member since 2012 • 2224 Posts

It's almost completely to do with the Japanese economy.

The yen is being absolutely punished right now. Wait until you see Sony's next financial report in a few days.

Nintendo though, is very strong and profits will come as the 3DS is prospering. They have a huge warchest of profits built up over the years.

Avatar image for phonemug
phonemug

2224

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#53 phonemug
Member since 2012 • 2224 Posts

damn, if only Sony were releasing there next gen system at the same time as the Wii-U... they could have taken the final blow to end nintendo.

LP4EVA2005

Nintendo is much, much better financial shape than Sony.

Avatar image for KungfuKitten
KungfuKitten

27389

Forum Posts

0

Wiki Points

0

Followers

Reviews: 42

User Lists: 0

#54 KungfuKitten
Member since 2006 • 27389 Posts

With the Wii and DS sales, how is it possible? What am I missing?musicalmac
Haha. It is very simple, this happens every time. And every time people wonder. And every time nintendo numbers get compared to nongaming companies like apple in this case. Nintendo's recent games have been incredibly profitable, and in terms of hardware (DS, Wii, 3DS) they are also doing very well.

The reason is normally the position of the yen, and investments.
I.E. They are doing great and short term profit is a really bad indicator of success. They probably have big plans.
In this case that is probably the Wii U release.

Avatar image for minh800
minh800

1166

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#55 minh800
Member since 2011 • 1166 Posts

[QUOTE="LP4EVA2005"]

damn, if only Sony were releasing there next gen system at the same time as the Wii-U... they could have taken the final blow to end nintendo.

phonemug

Nintendo is much, much better financial shape than Sony.

How so? Sony brings in revenue and profits from multiple avenues. Their music division, financial services division, and pictures division are all profitable. The only division that's really bringing Sony down is its hardware division. Nintendo, on the other hand, pretty much relies on video games, hardware, and accessories to make them a profit. I'm not sure what Nintendo did with their profits from the Wii but they really should have looked towards viable non-gaming markets to make them a profit.

Avatar image for Nonstop-Madness
Nonstop-Madness

12873

Forum Posts

0

Wiki Points

0

Followers

Reviews: 13

User Lists: 0

#56 Nonstop-Madness
Member since 2008 • 12873 Posts
  1. Strong Yen
  2. Weaker than expected sales; Less Revenue
  3. 3DS Price Cut
  4. Increase in R&D

- 3DS hardware forecast is 14 million units, down from 16 million in October. Software forecast is 38 million, down from 50 million.

- Wii hardware forecast is 10 million units, down from 12 million. Software forecast is 100 million, unchanged from October.

- DS hardware forecast is 5.5 million units, down from 6 million. Software forecast 59 million, down from 62 million.

http://www.nintendo.co.jp/ir/pdf/2012/120126e.pdf

Avatar image for phonemug
phonemug

2224

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#57 phonemug
Member since 2012 • 2224 Posts

[QUOTE="phonemug"]

[QUOTE="LP4EVA2005"]

damn, if only Sony were releasing there next gen system at the same time as the Wii-U... they could have taken the final blow to end nintendo.

minh800

Nintendo is much, much better financial shape than Sony.

How so? Sony brings in revenue and profits from multiple avenues. Their music division, financial services division, and pictures division are all profitable. The only division that's really bringing Sony down is its hardware division. Nintendo, on the other hand, pretty much relies on video games, hardware, and accessories to make them a profit. I'm not sure what Nintendo did with their profits from the Wii but they really should have looked towards viable non-gaming markets to make them a profit.

No. Nearly all of those other avenues you speak of are other divisions that are losing billions for Sony. Sony, as a whole, has been losing billions for years. They have been placed on deathwatch for 2012 and just had their credit rating cut. They are a very unhealthy company overall.

Avatar image for Fizzman
Fizzman

9895

Forum Posts

0

Wiki Points

0

Followers

Reviews: 4

User Lists: 0

#58 Fizzman
Member since 2003 • 9895 Posts

If the Wii U isnt a hit, its gonna get ugly. Nintendo doesnt have other divisions to keep them alive like MS.........and i guess Sony even though all of their divisions are garbage money pits.

Avatar image for KungfuKitten
KungfuKitten

27389

Forum Posts

0

Wiki Points

0

Followers

Reviews: 42

User Lists: 0

#59 KungfuKitten
Member since 2006 • 27389 Posts

If the Wii U isnt a hit, its gonna get ugly. Nintendo doesnt have other divisions to keep them alive like MS.........and i guess Sony even though all of their divisions are garbage money pits.

Fizzman
Well they have super software/hardware sales without the Wii U and quite a bit of savings. I think they could last a 5 year failure if need be, but I think the Wii U will do very well. (Not necessarily at launch, but throughout the years.) Even if (if!) they don't succeed with delivering a good console with good online service and good community features and good 3rd party support, the main draw of any nintendo platform has been the quality nintendo games and they'll still be there.
Avatar image for minh800
minh800

1166

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#60 minh800
Member since 2011 • 1166 Posts

[QUOTE="minh800"]

[QUOTE="phonemug"]Nintendo is much, much better financial shape than Sony.

phonemug

How so? Sony brings in revenue and profits from multiple avenues. Their music division, financial services division, and pictures division are all profitable. The only division that's really bringing Sony down is its hardware division. Nintendo, on the other hand, pretty much relies on video games, hardware, and accessories to make them a profit. I'm not sure what Nintendo did with their profits from the Wii but they really should have looked towards viable non-gaming markets to make them a profit.

No. Nearly all of those other avenues you speak of are other divisions that are losing billions for Sony. Sony, as a whole, has been losing billions for years. They have been placed on deathwatch for 2012 and just had their credit rating cut. They are a very unhealthy company overall.

You have NO idea what you're talking about.

http://www.splatf.com/2011/11/sony-profits/

These divisions have been profitable. For years.

Avatar image for phonemug
phonemug

2224

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#61 phonemug
Member since 2012 • 2224 Posts

[QUOTE="phonemug"]

[QUOTE="LP4EVA2005"]

damn, if only Sony were releasing there next gen system at the same time as the Wii-U... they could have taken the final blow to end nintendo.

minh800

Nintendo is much, much better financial shape than Sony.

How so? Sony brings in revenue and profits from multiple avenues. Their music division, financial services division, and pictures division are all profitable. The only division that's really bringing Sony down is its hardware division. Nintendo, on the other hand, pretty much relies on video games, hardware, and accessories to make them a profit. I'm not sure what Nintendo did with their profits from the Wii but they really should have looked towards viable non-gaming markets to make them a profit.

No. Sony, the entire company, has been losing billions for years. They just had their credit rating cut and have been placed on Deathwatch for 2012.

Sony's credit rating cut: http://www.bloomberg.com/news/2012-01-20/sony-s-credit-rating-cut-to-baa1-by-moody-s-panasonic-also-downgraded.html

Sony to post 3.2 billion dollar anual loss: http://www.reuters.com/article/2011/05/23/us-sony-idUSTRE74C70420110523

Avatar image for minh800
minh800

1166

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#62 minh800
Member since 2011 • 1166 Posts

If the Wii U isnt a hit, its gonna get ugly. Nintendo doesnt have other divisions to keep them alive like MS.........and i guess Sony even though all of their divisions are garbage money pits.

Fizzman

Sony's Music division is the second largest in the world. Their movies division is pretty big too - do you know of Columbia Studios? That's Sony right there. And their financial services is profitable as well.

Avatar image for lightleggy
lightleggy

16090

Forum Posts

0

Wiki Points

0

Followers

Reviews: 65

User Lists: 0

#63 lightleggy
Member since 2008 • 16090 Posts
maybe they will learn to stop making rehashes and milking every game,
Avatar image for phonemug
phonemug

2224

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#64 phonemug
Member since 2012 • 2224 Posts

[QUOTE="Fizzman"]

If the Wii U isnt a hit, its gonna get ugly. Nintendo doesnt have other divisions to keep them alive like MS.........and i guess Sony even though all of their divisions are garbage money pits.

minh800

Sony's Music division is the second largest in the world. Their movies division is pretty big too - do you know of Columbia Studios? That's Sony right there. And their financial services is profitable as well.

You have to be the most outright delusional fanboy I've encountered. Sony is doing so terribly right now that many question whether they will survive the year and it's widely known. You have no idea what you're talking about.

Avatar image for Fizzman
Fizzman

9895

Forum Posts

0

Wiki Points

0

Followers

Reviews: 4

User Lists: 0

#65 Fizzman
Member since 2003 • 9895 Posts

[QUOTE="Fizzman"]

If the Wii U isnt a hit, its gonna get ugly. Nintendo doesnt have other divisions to keep them alive like MS.........and i guess Sony even though all of their divisions are garbage money pits.

minh800

Sony's Music division is the second largest in the world. Their movies division is pretty big too - do you know of Columbia Studios? That's Sony right there. And their financial services is profitable as well.

They are bleeding money dude. I cant even remember the last time Sony posted a profit.

Avatar image for Animal-Mother
Animal-Mother

27362

Forum Posts

0

Wiki Points

0

Followers

Reviews: 11

User Lists: 0

#66 Animal-Mother
Member since 2003 • 27362 Posts

[QUOTE="minh800"]

[QUOTE="Fizzman"]

If the Wii U isnt a hit, its gonna get ugly. Nintendo doesnt have other divisions to keep them alive like MS.........and i guess Sony even though all of their divisions are garbage money pits.

phonemug

Sony's Music division is the second largest in the world. Their movies division is pretty big too - do you know of Columbia Studios? That's Sony right there. And their financial services is profitable as well.

You have to be the most outright delusional fanboy I've encountered. Sony is doing so terribly right now that many question whether they will survive the year and it's widely known. You have no idea what you're talking about.

But you do right? The guy who made countless anti-sony thread after anti-sony thread?
Avatar image for minh800
minh800

1166

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#67 minh800
Member since 2011 • 1166 Posts

[QUOTE="minh800"]

[QUOTE="phonemug"]Nintendo is much, much better financial shape than Sony.

phonemug

How so? Sony brings in revenue and profits from multiple avenues. Their music division, financial services division, and pictures division are all profitable. The only division that's really bringing Sony down is its hardware division. Nintendo, on the other hand, pretty much relies on video games, hardware, and accessories to make them a profit. I'm not sure what Nintendo did with their profits from the Wii but they really should have looked towards viable non-gaming markets to make them a profit.

No. Sony, the entire company, has been losing billions for years. They just had their credit rating cut and have been placed on Deathwatch for 2012.

Sony's credit rating cut: http://www.bloomberg.com/news/2012-01-20/sony-s-credit-rating-cut-to-baa1-by-moody-s-panasonic-also-downgraded.html

Sony to post 3.2 billion dollar anual loss: http://www.reuters.com/article/2011/05/23/us-sony-idUSTRE74C70420110523

>_>

Jesus Christ. I already said their electronics division is keeping them in the red. But they do have divisions that are profitable.

Avatar image for minh800
minh800

1166

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#68 minh800
Member since 2011 • 1166 Posts

[QUOTE="minh800"]

[QUOTE="Fizzman"]

If the Wii U isnt a hit, its gonna get ugly. Nintendo doesnt have other divisions to keep them alive like MS.........and i guess Sony even though all of their divisions are garbage money pits.

Fizzman

Sony's Music division is the second largest in the world. Their movies division is pretty big too - do you know of Columbia Studios? That's Sony right there. And their financial services is profitable as well.

They are bleeding money dude. I cant even remember the last time Sony posted a profit.

Their ELECTRONICS division is bleeding money. The rest of the company is doing fine.

Avatar image for Fizzman
Fizzman

9895

Forum Posts

0

Wiki Points

0

Followers

Reviews: 4

User Lists: 0

#69 Fizzman
Member since 2003 • 9895 Posts

[QUOTE="Fizzman"]

[QUOTE="minh800"]

Sony's Music division is the second largest in the world. Their movies division is pretty big too - do you know of Columbia Studios? That's Sony right there. And their financial services is profitable as well.

minh800

They are bleeding money dude. I cant even remember the last time Sony posted a profit.

Their ELECTRONICS division is bleeding money. The rest of the company is doing fine.

Too bad the rest of those divisions dont offset the massive losses.

Avatar image for phonemug
phonemug

2224

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#70 phonemug
Member since 2012 • 2224 Posts

[QUOTE="Fizzman"]

[QUOTE="minh800"]ENTIRE

Sony's Music division is the second largest in the world. Their movies division is pretty big too - do you know of Columbia Studios? That's Sony right there. And their financial services is profitable as well.

minh800

They are bleeding money dude. I cant even remember the last time Sony posted a profit.

Their ELECTRONICS division is bleeding money. The rest of the company is doing fine.

The ENTIRE Sony company is posting a 3.2 billion dollar loss for the year.

Your math is off.

Avatar image for minh800
minh800

1166

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#71 minh800
Member since 2011 • 1166 Posts

[QUOTE="minh800"]

[QUOTE="Fizzman"]

If the Wii U isnt a hit, its gonna get ugly. Nintendo doesnt have other divisions to keep them alive like MS.........and i guess Sony even though all of their divisions are garbage money pits.

phonemug

Sony's Music division is the second largest in the world. Their movies division is pretty big too - do you know of Columbia Studios? That's Sony right there. And their financial services is profitable as well.

You have to be the most outright delusional fanboy I've encountered. Sony is doing so terribly right now that many question whether they will survive the year and it's widely known. You have no idea what you're talking about.

lol. I already provided proof that Sony has many profitable divisions while you couldn't counter a damn thing. It's your choice to plug your ears and not listen to reason. Do some research. Educate yourself.

Avatar image for Big_Pecks
Big_Pecks

5973

Forum Posts

0

Wiki Points

0

Followers

Reviews: 9

User Lists: 0

#72 Big_Pecks
Member since 2010 • 5973 Posts

maybe they will learn to stop making rehashes and milking every game,lightleggy


Wouldn't that be an easier way to get money?

Avatar image for phonemug
phonemug

2224

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#73 phonemug
Member since 2012 • 2224 Posts

[QUOTE="phonemug"]

[QUOTE="minh800"]

Sony's Music division is the second largest in the world. Their movies division is pretty big too - do you know of Columbia Studios? That's Sony right there. And their financial services is profitable as well.

minh800

You have to be the most outright delusional fanboy I've encountered. Sony is doing so terribly right now that many question whether they will survive the year and it's widely known. You have no idea what you're talking about.

lol. I already provided proof that Sony has many profitable divisions while you couldn't counter a damn thing. It's your choice to plug your ears and not listen to reason. Do some research. Educate yourself.

I've heard of trolls before but are you going to outright deny that Sony's entire company is posting a 3.2 billion dollar loss this year and just had their credit rating cut?

Sony's credit rating cut: http://www.bloomberg.com/news/2012-01-20/sony-s-credit-rating-cut-to-baa1-by-moody-s-panasonic-also-downgraded.html

Sony to post 3.2 billion dollar anual loss: http://www.reuters.com/article/2011/05/23/us-sony-idUSTRE74C70420110523

Avatar image for Nonstop-Madness
Nonstop-Madness

12873

Forum Posts

0

Wiki Points

0

Followers

Reviews: 13

User Lists: 0

#74 Nonstop-Madness
Member since 2008 • 12873 Posts

[QUOTE="minh800"]

[QUOTE="phonemug"]Nintendo is much, much better financial shape than Sony.

phonemug

How so? Sony brings in revenue and profits from multiple avenues. Their music division, financial services division, and pictures division are all profitable. The only division that's really bringing Sony down is its hardware division. Nintendo, on the other hand, pretty much relies on video games, hardware, and accessories to make them a profit. I'm not sure what Nintendo did with their profits from the Wii but they really should have looked towards viable non-gaming markets to make them a profit.

No. Sony, the entire company, has been losing billions for years. They just had their credit rating cut and have been placed on Deathwatch for 2012.

Sony's credit rating cut: http://www.bloomberg.com/news/2012-01-20/sony-s-credit-rating-cut-to-baa1-by-moody-s-panasonic-also-downgraded.html

Sony to post 3.2 billion dollar anual loss: http://www.reuters.com/article/2011/05/23/us-sony-idUSTRE74C70420110523

Thats utter BS. Your telling me company that makes over $80B a year in revenue is going to die because they get themselve in a $4.5B hole over 3 years? A company of that size could pay that debt off with interest in 6-7 years of steady historical profits. Cutting a companies credit rating only makes it harder for them get loans, it doesn't mean they are in the deep ****.

Avatar image for minh800
minh800

1166

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#75 minh800
Member since 2011 • 1166 Posts

[QUOTE="minh800"]

[QUOTE="phonemug"]You have to be the most outright delusional fanboy I've encountered. Sony is doing so terribly right now that many question whether they will survive the year and it's widely known. You have no idea what you're talking about.

phonemug

lol. I already provided proof that Sony has many profitable divisions while you couldn't counter a damn thing. It's your choice to plug your ears and not listen to reason. Do some research. Educate yourself.

I've heard of trolls before but are you going to outright deny that Sony's entire company is posting a 3.2 billion dollar loss this year and just had their credit rating cut?

Sony's credit rating cut: http://www.bloomberg.com/news/2012-01-20/sony-s-credit-rating-cut-to-baa1-by-moody-s-panasonic-also-downgraded.html

Sony to post 3.2 billion dollar anual loss: http://www.reuters.com/article/2011/05/23/us-sony-idUSTRE74C70420110523

Dude, educate yourself. When a conglomerate like Sony states that the company is losing money, it doesn't mean that every division is losing money.

Avatar image for phonemug
phonemug

2224

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#76 phonemug
Member since 2012 • 2224 Posts

[QUOTE="phonemug"]

[QUOTE="minh800"]

How so? Sony brings in revenue and profits from multiple avenues. Their music division, financial services division, and pictures division are all profitable. The only division that's really bringing Sony down is its hardware division. Nintendo, on the other hand, pretty much relies on video games, hardware, and accessories to make them a profit. I'm not sure what Nintendo did with their profits from the Wii but they really should have looked towards viable non-gaming markets to make them a profit.

Nonstop-Madness

No. Sony, the entire company, has been losing billions for years. They just had their credit rating cut and have been placed on Deathwatch for 2012.

Sony's credit rating cut: http://www.bloomberg.com/news/2012-01-20/sony-s-credit-rating-cut-to-baa1-by-moody-s-panasonic-also-downgraded.html

Sony to post 3.2 billion dollar anual loss: http://www.reuters.com/article/2011/05/23/us-sony-idUSTRE74C70420110523

Thats utter BS. Your telling me company that makes over $80B a year in revenue is going to die because they get themselve in a $4.5B hole over 3 years? A company of that size could pay that debt off with interest in 6-7 years of steady historical profits. Cutting a companies credit rating only makes it harder for them get loans, it doesn't mean they are in the deep ****.

Revenue doesn't mean anything. Profits do, and Sony emcompassing all of their divisions hasn't seen any of those in years. They are losing a lot more money than they're making. That's called debt. That's not healthy debt.

Avatar image for phonemug
phonemug

2224

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#77 phonemug
Member since 2012 • 2224 Posts

[QUOTE="phonemug"]

[QUOTE="minh800"]

lol. I already provided proof that Sony has many profitable divisions while you couldn't counter a damn thing. It's your choice to plug your ears and not listen to reason. Do some research. Educate yourself.

minh800

I've heard of trolls before but are you going to outright deny that Sony's entire company is posting a 3.2 billion dollar loss this year and just had their credit rating cut?

Sony's credit rating cut: http://www.bloomberg.com/news/2012-01-20/sony-s-credit-rating-cut-to-baa1-by-moody-s-panasonic-also-downgraded.html

Sony to post 3.2 billion dollar anual loss: http://www.reuters.com/article/2011/05/23/us-sony-idUSTRE74C70420110523

Dude, educate yourself. When a conglomerate like Sony states that the company is losing money, it doesn't mean that every division is losing money.

That is encompassing all of their divisions troll.

Avatar image for babycakin
babycakin

1597

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#78 babycakin
Member since 2012 • 1597 Posts

[QUOTE="lightleggy"]maybe they will learn to stop making rehashes and milking every game,Big_Pecks



Wouldn't that be an easier way to get money?

hell ya it is, lightleggy has no idea what the hell he talking about :lol:

Anyways, I'm not worried about Nintendo at the slightest. ABC basically reported that Nintendo expects a big hit in revenue for the forecast in April but already has plans to rebound (which includes having a strong launch for the Wii U). I will post the link once I find it for you guys. Again, Nintendo is not going to repeat the 3DS mistake, no way no how. A big lesson was learned and they are pretty aware of that.

I think Wii U will be pretty damn successful this end of year with its launch and the holiday season that follows (unless they bomb at E3). The only two gaming companies that I truly believe are safe are Nintendo and Microsoft. This is speculation, my opinions, take it for what you will. Done

Avatar image for minh800
minh800

1166

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#79 minh800
Member since 2011 • 1166 Posts

[QUOTE="minh800"]

[QUOTE="phonemug"]I've heard of trolls before but are you going to outright deny that Sony's entire company is posting a 3.2 billion dollar loss this year and just had their credit rating cut?

Sony's credit rating cut: http://www.bloomberg.com/news/2012-01-20/sony-s-credit-rating-cut-to-baa1-by-moody-s-panasonic-also-downgraded.html

Sony to post 3.2 billion dollar anual loss: http://www.reuters.com/article/2011/05/23/us-sony-idUSTRE74C70420110523

phonemug

Dude, educate yourself. When a conglomerate like Sony states that the company is losing money, it doesn't mean that every division is losing money.

That is encompassing all of their divisions troll.

I facepalmed in real life.

Avatar image for phonemug
phonemug

2224

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#80 phonemug
Member since 2012 • 2224 Posts

[QUOTE="phonemug"]

[QUOTE="minh800"]

Dude, educate yourself. When a conglomerate like Sony states that the company is losing money, it doesn't mean that every division is losing money.

minh800

That is encompassing all of their divisions troll.

I facepalmed in real life.

I see you've stopped trying to debate this point with anything relevan other than lame one liners. I take that as you bowing out of this argument.

Here I'll post it again. Read more carefully.

Sony's credit rating cut: http://www.bloomberg.com/news/2012-01-20/sony-s-credit-rating-cut-to-baa1-by-moody-s-panasonic-also-downgraded.html

Sony to post 3.2 billion dollar anual loss: http://www.reuters.com/article/2011/05/23/us-sony-idUSTRE74C70420110523

Avatar image for phonemug
phonemug

2224

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#81 phonemug
Member since 2012 • 2224 Posts

[QUOTE="phonemug"]

[QUOTE="minh800"]

Dude, educate yourself. When a conglomerate like Sony states that the company is losing money, it doesn't mean that every division is losing money.

minh800

That is encompassing all of their divisions troll.

I facepalmed in real life.

I see you've stopped trying to debate this point with anything relevant other than lame one liners. I take that as you bowing out of this argument.

Here I'll post it again. Read more carefully.

Sony's credit rating cut: http://www.bloomberg.com/news/2012-01-20/sony-s-credit-rating-cut-to-baa1-by-moody-s-panasonic-also-downgraded.html

Sony to post 3.2 billion dollar anual loss: http://www.reuters.com/article/2011/05/23/us-sony-idUSTRE74C70420110523

Avatar image for minh800
minh800

1166

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#82 minh800
Member since 2011 • 1166 Posts

[QUOTE="minh800"]

[QUOTE="phonemug"]That is encompassing all of their divisions troll.

phonemug

I facepalmed in real life.

I see you've stopped trying to debate this point with anything relevan other than lame one liners. I take that as you bowing out of this argument.

Here I'll post it again. Read more carefully.

Sony's credit rating cut: http://www.bloomberg.com/news/2012-01-20/sony-s-credit-rating-cut-to-baa1-by-moody-s-panasonic-also-downgraded.html

Sony to post 3.2 billion dollar anual loss: http://www.reuters.com/article/2011/05/23/us-sony-idUSTRE74C70420110523

Sigh. Maybe you can show me evidence that suggests Sony's Music Division, Movies Division, and Financial Services Division have been losing money, mkay? I don't need you to post something that I stated LONG before you did. Yes, their Electronics division is losing money. I said as much a loooong time ago.

Avatar image for phonemug
phonemug

2224

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#83 phonemug
Member since 2012 • 2224 Posts

[QUOTE="phonemug"]

[QUOTE="minh800"]

I facepalmed in real life.

minh800

I see you've stopped trying to debate this point with anything relevan other than lame one liners. I take that as you bowing out of this argument.

Here I'll post it again. Read more carefully.

Sony's credit rating cut: http://www.bloomberg.com/news/2012-01-20/sony-s-credit-rating-cut-to-baa1-by-moody-s-panasonic-also-downgraded.html

Sony to post 3.2 billion dollar anual loss: http://www.reuters.com/article/2011/05/23/us-sony-idUSTRE74C70420110523

Sigh. Maybe you can show me evidence that suggests Sony's Music Division, Movies Division, and Financial Services Division have been losing money, mkay? I don't need you to post something that I stated LONG before you did. Yes, their Electronics division is losing money. I said as much a loooong time ago.

Troll.

I just posted evidence that their entire business lost 3.2 billion in 2011.

Avatar image for Nonstop-Madness
Nonstop-Madness

12873

Forum Posts

0

Wiki Points

0

Followers

Reviews: 13

User Lists: 0

#84 Nonstop-Madness
Member since 2008 • 12873 Posts

[QUOTE="Nonstop-Madness"]

[QUOTE="phonemug"]No. Sony, the entire company, has been losing billions for years. They just had their credit rating cut and have been placed on Deathwatch for 2012.

Sony's credit rating cut: http://www.bloomberg.com/news/2012-01-20/sony-s-credit-rating-cut-to-baa1-by-moody-s-panasonic-also-downgraded.html

Sony to post 3.2 billion dollar anual loss: http://www.reuters.com/article/2011/05/23/us-sony-idUSTRE74C70420110523

phonemug

Thats utter BS. Your telling me company that makes over $80B a year in revenue is going to die because they get themselve in a $4.5B hole over 3 years? A company of that size could pay that debt off with interest in 6-7 years of steady historical profits. Cutting a companies credit rating only makes it harder for them get loans, it doesn't mean they are in the deep ****.

Revenue doesn't mean anything. Profits do, and Sony emcompassing all of their divisions hasn't seen any of those in years. They are losing a lot more money than they're making. That's called debt. That's not healthy debt.

They haven't seen profits in 3 years, which totals to about $4.5B. My point is that Sony is not on a death watch, Sony's far from dying because they are worth so much. A company that can generate $80B a year (more than Microsoft) will be able to survive for a long time even when they are losing as much as they are. A company that generates that much revenue could potentially make billions in profits over 5-10 years which would eliminate those debts, they could even trim down and sell off part to other companies to pay off those debts.

Avatar image for minh800
minh800

1166

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#85 minh800
Member since 2011 • 1166 Posts

[QUOTE="minh800"]

[QUOTE="phonemug"]

I see you've stopped trying to debate this point with anything relevan other than lame one liners. I take that as you bowing out of this argument.

Here I'll post it again. Read more carefully.

Sony's credit rating cut: http://www.bloomberg.com/news/2012-01-20/sony-s-credit-rating-cut-to-baa1-by-moody-s-panasonic-also-downgraded.html

Sony to post 3.2 billion dollar anual loss: http://www.reuters.com/article/2011/05/23/us-sony-idUSTRE74C70420110523

phonemug

Sigh. Maybe you can show me evidence that suggests Sony's Music Division, Movies Division, and Financial Services Division have been losing money, mkay? I don't need you to post something that I stated LONG before you did. Yes, their Electronics division is losing money. I said as much a loooong time ago.

Troll.

I just posted evidence that their entire business lost 3.2 billion in 2011.

Seriously, you have no case. Like, honestly, how hard is it to make the distinction between having profitable divisions and a profitable company?

Avatar image for phonemug
phonemug

2224

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#86 phonemug
Member since 2012 • 2224 Posts

[QUOTE="phonemug"]

[QUOTE="Nonstop-Madness"]

Thats utter BS. Your telling me company that makes over $80B a year in revenue is going to die because they get themselve in a $4.5B hole over 3 years? A company of that size could pay that debt off with interest in 6-7 years of steady historical profits. Cutting a companies credit rating only makes it harder for them get loans, it doesn't mean they are in the deep ****.

Nonstop-Madness

Revenue doesn't mean anything. Profits do, and Sony emcompassing all of their divisions hasn't seen any of those in years. They are losing a lot more money than they're making. That's called debt. That's not healthy debt.

They haven't seen profits in 3 years, which totals to about $4.5B. My point is that Sony is not on a death watch, Sony's far from dying because they are worth so much. A company that can generate $80B a year (more than Microsoft) will be able to survive for a long time even when they are losing as much as they are. A company that generates that much revenue could potentially make billions in profits over 5-10 years which would eliminate those debts, they could even trim down and sell off part to other companies to pay off those debts.

They are already selling off their assets to keep afloat like the merchandising rights to Spiderman 3.

I don't personally think Sony will go under in 2012, but I don't think they have money or resources to be competetive in the next console race.

Avatar image for phonemug
phonemug

2224

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#87 phonemug
Member since 2012 • 2224 Posts

[QUOTE="phonemug"]

[QUOTE="minh800"]

Sigh. Maybe you can show me evidence that suggests Sony's Music Division, Movies Division, and Financial Services Division have been losing money, mkay? I don't need you to post something that I stated LONG before you did. Yes, their Electronics division is losing money. I said as much a loooong time ago.

minh800

Troll.

I just posted evidence that their entire business lost 3.2 billion in 2011.

Seriously, you have no case. Like, honestly, how hard is it to make the distinction between having profitable divisions and a profitable company?

So you've just ignored the reuters article stating Sony Corp. lost 3.2 billion in 2011? :lol:

Avatar image for minh800
minh800

1166

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#88 minh800
Member since 2011 • 1166 Posts

[QUOTE="minh800"]

[QUOTE="phonemug"]Troll.

I just posted evidence that their entire business lost 3.2 billion in 2011.

phonemug

Seriously, you have no case. Like, honestly, how hard is it to make the distinction between having profitable divisions and a profitable company?

So you've just ignored the reuters article stating Sony Corp. lost 3.2 billion in 2011? :lol:

When did I ignore that? You mean when I stated that those losses are primarily from one division? Not every division is losing money. My point which I proved with factual evidence a while back.

Avatar image for phonemug
phonemug

2224

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#89 phonemug
Member since 2012 • 2224 Posts

[QUOTE="phonemug"]

[QUOTE="minh800"]

Seriously, you have no case. Like, honestly, how hard is it to make the distinction between having profitable divisions and a profitable company?

minh800

So you've just ignored the reuters article stating Sony Corp. lost 3.2 billion in 2011? :lol:

When did I ignore that? You mean when I stated that those losses are primarily from one division? Not every division is losing money. My point which I proved with factual evidence a while back.

lmao now you're backpedaling. Priceless. Quit wasting my time troll.

Avatar image for PillyChickle
PillyChickle

745

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#90 PillyChickle
Member since 2011 • 745 Posts

[QUOTE="phonemug"]

[QUOTE="minh800"]

How so? Sony brings in revenue and profits from multiple avenues. Their music division, financial services division, and pictures division are all profitable. The only division that's really bringing Sony down is its hardware division. Nintendo, on the other hand, pretty much relies on video games, hardware, and accessories to make them a profit. I'm not sure what Nintendo did with their profits from the Wii but they really should have looked towards viable non-gaming markets to make them a profit.

minh800

No. Nearly all of those other avenues you speak of are other divisions that are losing billions for Sony. Sony, as a whole, has been losing billions for years. They have been placed on deathwatch for 2012 and just had their credit rating cut. They are a very unhealthy company overall.

You have NO idea what you're talking about.

http://www.splatf.com/2011/11/sony-profits/

These divisions have been profitable. For years.

Sounds like someone's been living under a rock.

Avatar image for OneLazyAsian
OneLazyAsian

1715

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#91 OneLazyAsian
Member since 2009 • 1715 Posts

[QUOTE="minh800"]

[QUOTE="phonemug"]Troll.

I just posted evidence that their entire business lost 3.2 billion in 2011.

phonemug

Seriously, you have no case. Like, honestly, how hard is it to make the distinction between having profitable divisions and a profitable company?

So you've just ignored the reuters article stating Sony Corp. lost 3.2 billion in 2011? :lol:

A brief example to show you where you're misunderstanding him:

Sony Music: 1.3B Profit (+)

Sony Pictures: 0.5B Profit (+)

Sony Electronics: 5.0B Loss (-)

Sony Overall: 3.2B Loss

See the difference? There are some divisions that are profitable but the electronics division is taking heavy losses. That's the picture the other guy is trying to say. There is a difference between having profitable divisions and profitable overall.

Avatar image for minh800
minh800

1166

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#92 minh800
Member since 2011 • 1166 Posts

[QUOTE="minh800"]

[QUOTE="phonemug"]So you've just ignored the reuters article stating Sony Corp. lost 3.2 billion in 2011? :lol:

phonemug

When did I ignore that? You mean when I stated that those losses are primarily from one division? Not every division is losing money. My point which I proved with factual evidence a while back.

lmao now you're backpedaling. Priceless. Quit wasting my time troll.

Haha, you have no idea what you're talking about. I already proved you wrong with factual evidence. I'm done.

Avatar image for phonemug
phonemug

2224

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#93 phonemug
Member since 2012 • 2224 Posts

[QUOTE="phonemug"]

[QUOTE="minh800"]

When did I ignore that? You mean when I stated that those losses are primarily from one division? Not every division is losing money. My point which I proved with factual evidence a while back.

minh800

lmao now you're backpedaling. Priceless. Quit wasting my time troll.

Haha, you have no idea what you're talking about. I already proved you wrong with factual evidence. I'm done.

Sony Corp (entire company) lost 3.2 billion in 2011 and you tried to paint them as a success story. You're right, you are done :lol:

Avatar image for Mystic-G
Mystic-G

6462

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#94 Mystic-G
Member since 2006 • 6462 Posts

Sounds like Nintendo is spending far too much somewhere because the hardware absolutely cannot be costing them THAT much to keep them in the red.

Avatar image for blue_hazy_basic
blue_hazy_basic

30854

Forum Posts

0

Wiki Points

0

Followers

Reviews: 1

User Lists: 0

#95 blue_hazy_basic  Moderator
Member since 2002 • 30854 Posts
[QUOTE="OneLazyAsian"]

[QUOTE="phonemug"]

[QUOTE="minh800"]

Seriously, you have no case. Like, honestly, how hard is it to make the distinction between having profitable divisions and a profitable company?

So you've just ignored the reuters article stating Sony Corp. lost 3.2 billion in 2011? :lol:

A brief example to show you where you're misunderstanding him:

Sony Music: 1.3B Profit (+)

Sony Pictures: 0.5B Profit (+)

Sony Electronics: 5.0B Loss (-)

Sony Overall: 3.2B Loss

See the difference? There are some divisions that are profitable but the electronics division is taking heavy losses. That's the picture the other guy is trying to say. There is a difference between having profitable divisions and profitable overall.

We will know soon when Sony Q3 financial comes out at start of Feb
Avatar image for GunSmith1_basic
GunSmith1_basic

10548

Forum Posts

0

Wiki Points

0

Followers

Reviews: 21

User Lists: 0

#96 GunSmith1_basic
Member since 2002 • 10548 Posts

Isn't a lot of this explainable by all the R&D costs? They are developing a whole new console, revamping and expanding their game developers to make HD games, even producing units, and they haven't made a single sale yet.

of course 3DS being sold at a loss is a big deal but it's hardly the only reason.

Avatar image for DeX2010
DeX2010

3989

Forum Posts

0

Wiki Points

0

Followers

Reviews: 1

User Lists: 0

#97 DeX2010
Member since 2010 • 3989 Posts
[QUOTE"The Article"]Nintendo predicts first annual loss

Well it says first annual loss. Nintendo aren't doing bad, its just because of the slow pick up of the 3DS, that lead to them selling at a small loss for a while. Of course in a grand scale this loss is much more exaggerated. Don't worry sheep, Nintendo aren't doomed. Sony on the other hand? Yeah, they're f*cked :P
Avatar image for babycakin
babycakin

1597

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#98 babycakin
Member since 2012 • 1597 Posts

[QUOTE="minh800"]

[QUOTE="phonemug"]lmao now you're backpedaling. Priceless. Quit wasting my time troll.

phonemug

Haha, you have no idea what you're talking about. I already proved you wrong with factual evidence. I'm done.

Sony Corp (entire company) lost 3.2 billion in 2011 and you tried to paint them as a success story. You're right, you are done :lol:

that was funny :lol:

Avatar image for reach3
reach3

1600

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#99 reach3
Member since 2012 • 1600 Posts
haha
Avatar image for Jakandsig_
Jakandsig_

287

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#100 Jakandsig_
Member since 2012 • 287 Posts
With the Wii and DS sales, how is it possible? What am I missing?musicalmac
Come on guy, how many games on the DS sold massive numbers and moved systems? 8?