ramey70's forum posts
Yes, they are profitable. Look at any of their SEC filings for the last several quarters. You should also learn a thing or two about corporate finances before you mouth off in a thread. Most major corporations carry some type of debt load. Sony is currently carrying $6.5 Billion in long term debt. That's offset by $5.9 Billion in liquid cash, $4.5 Billion in short term investments, and a whopping $29 Billion in long term investments. Their total assets number some $90 Billion compared to $63 Billion in liabilities. Sometimes the interest rates on borrowing money is actually low enough to cost you money by tying up liquid cash that would perform better invested and drawing interest itself. Econ 101. By the way, Exxon-Mobil (a company that would make Microsoft look like a street beggar), carries billions in long term debt as well. They profit more dollars in one quarter than most companies do in 10 years. They'll be glad to know you think they are an unhealthy company because of their debt load. Perhaps you should get your info from more reliable places than Wikipedia.Sony's electronic division is profitable? is that why they're in debt in loans? They had to borrow money to cover "battery bomb." Is that why their value in the market dropped 40% because it's so profitable? Is that why they're in billions in debt? WOW, i didn't realize profitable = debt
http://en.wikipedia.org/wiki/Sony
jiggawho2006
You're wrong. Sony's Electronics Division has been profitable this year. In fact, it was their gaming division that lost money. You also need to remember that in order for a company to file bankrupcty they have to post enough consecutive losses that their liabilities outweight their assets. It would take quite a few losses for a company like Sony to even approach bankruptcy.So, due to anti trust law, Sony can not use earning from their gaming division to support their electronic division? ...let's think...only profit that Sony made for past year has been from the gaming division, so how come their electronic division did not go into bankcrupty? How come?
jiggawho2006
2) The Xbox library is nothing but PC ports.
What about this one... 1) The PS3 has flawed architecture even though I'm totally unqualified in the area of consumer electronics to make that claim. I did however design characters for a game company though.Here's some irritating bandwagon nonsenses:
1) The PS3 will miraculously get better
2) Wait and see
3) PS3 is lacking now but that will change
4) Developers are magicians who can work around the PS3's flaws
5) PS2 fans will buy a PS3
CarlosPontinas
[QUOTE="CarlosPontinas"]Don't buy a PS3. It's that simple. If everyone boycotts the PS3, SE, Konami and everyone else will be forced to put your favorite games on a machine better suited to the task.If you support the PS3 you'll get your wishes, but you soon realize just how much better those games would have been on the 360.
Worse than this, 360 owners will be stuck with a system far superior to yours but will never receive the support from big Japanese developers they deserve. Everything will VERY slowly revert to the way things were last time with PS fans contented by substandard games (believing they are state of the art) and Xbox folk wondering why their technically superior favorites are being ignored.the-very-best
If everyone boycotted the PS2 we would have missed out on so many fantastic games last gen, and that's obviously not what gamers want.
Why is it you are so certain that PS3 is the weaker console when so many devs have said otherwise? Even now the multiplats are even but later in the year they won't be, they'll be better on the PS3 according to so many devs who are actually making these games.
He's done character work for games and that means he's got a PhD in Electrical Engineering from MIT.
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