[QUOTE="ramey70"]I could care less if video game companies are innovative before others.Lilac_Benjie

Sony just aren't very good. Sixaxis certainly isn't special, it doesn't even have full 3D space motion detection like the cheapo Wii does. All it gathers is tilt.

I don't care.  The PS3's motion sensor sucks and I never use it.  The Wii looks like garbage on my TV so I don't play it either (it's my wife's).   I don't care who creates what as long as company can provide me with something that I'm looking for.   

[QUOTE="ramey70"][QUOTE="tango90101"][QUOTE="ramey70"][QUOTE="tango90101"][QUOTE="ramey70"][QUOTE="tango90101"]

[QUOTE="AfterShafter"]MS has lost a hell of a lot more on the XBOX line of products.tango90101

so has sony from the ps3....;)

but you have to admit, taking a $152 million dollar hit is not something SCE needs right now as they hemorrage money...

If this was a settlement as the article indicates the amount was probably factored in to Sony's books by their accounts before negotiations even took place. It's a common procedure before any litigation discussions begin so that each company knows what they can and cannot settle for. It's still a hit to SNE, but one they were probably prepared for and expected.

i doubt it....

this has been ongoing for some time and has been thru the appeals process more than once...

if you remember, (don't ask for a 3 year old link) sony was given the chance to settle for much, much less... around 80 million if memory serves.

btw; "factored in to sony's books"...? uh...what "book" would that be exactly?

"Books" is the term used to describe a corporation's accounting ledgers and data that must legally be filed with the SEC each year. And I highly doubt Sony's accountants ingnored such a common procedural accounting move to not assess potential loss and liability before a settlment negotiation. Unless of course Sony's accountants are ex-Authur Anderson and Enron employees.

you're correct, to a point.. ... litigation, as i'm sure you know, tends to wobble many processes....

so are you saying sony already counted these losses? i'm wondering for which year... and why they weren't mentioned before...

who knows...

They probably took a liability charge or something to that affect to offset the probably loss. Sony's known for a long time that Immersion had their number and would cost them something. In order to accurately forecast earnings, and to appease investors, federal obeservers and the like the cost would be factored into a prior quarter. Since these negotions have been going on for some years, and accruing legal fees and interest each quarter, the forecasted loss was probably substantial.

sorry it took so long to reply, the forums went down, then i had the typical friday afternoon b.s. meetings...

anyway.. in order to forecast they need a concrete number or any number. Having read a great many reports, i can safely say i've never seen the number "substantial"..

paying interest? on what pricinipal? the judgement didn't come out til now...

you should have stopped when you were ahead.. but on the bright side you have the local teenage ps3 fans frothing with excitement with your use of your collegiate vocabulary.....

very impressive....

face it; the loss is now... unless you can find ANY loss projections due to the settlement...

got a link?

The interest payment would be paid at the time of settelment and included in the judgement.  I'm sorry if I implied that they were paying interest throughout the negotiations. 

[QUOTE="Dire_Weasel"]

It looks like Tango is back from his recent ban.

And wait... it looks like... he's reposting whatever news he found when he typed "Sony" into news.google.com How original! :lol:

Call me when Sony manages to lose more than 4 billion dollars in less than four years on a single console, HD. That's what the original Xbox managed to do.

tango90101

you do realize they just spent $50 BILLION buying Yahoo w/o blinking an eye, right?

you just can't think contextually my young gamer..;)

MS hasn't bought Yahoo yet.  And when/if they do it would probably be with stock options and majority stock aquisition rather than $50 Billion cash.  For one thing, $50 Billion exceeds their entire current assets on hand. 

"So imagine that you were MS and you knew that your systems would experience severe hardware failure rates"

You'd fix them because hardware failure rates are bad for your image. Case closed.

11Marcel

Not to mention open yourself up to a massive class action lawsuit. 

[QUOTE="ramey70"][QUOTE="tango90101"][QUOTE="ramey70"][QUOTE="tango90101"]

[QUOTE="AfterShafter"]MS has lost a hell of a lot more on the XBOX line of products.tango90101

so has sony from the ps3....;)

but you have to admit, taking a $152 million dollar hit is not something SCE needs right now as they hemorrage money...

If this was a settlement as the article indicates the amount was probably factored in to Sony's books by their accounts before negotiations even took place. It's a common procedure before any litigation discussions begin so that each company knows what they can and cannot settle for. It's still a hit to SNE, but one they were probably prepared for and expected.

i doubt it....

this has been ongoing for some time and has been thru the appeals process more than once...

if you remember, (don't ask for a 3 year old link) sony was given the chance to settle for much, much less... around 80 million if memory serves.

btw; "factored in to sony's books"...? uh...what "book" would that be exactly?

"Books" is the term used to describe a corporation's accounting ledgers and data that must legally be filed with the SEC each year. And I highly doubt Sony's accountants ingnored such a common procedural accounting move to not assess potential loss and liability before a settlment negotiation. Unless of course Sony's accountants are ex-Authur Anderson and Enron employees.

you're correct, to a point.. ... litigation, as i'm sure you know, tends to wobble many processes....

so are you saying sony already counted these losses? i'm wondering for which year... and why they weren't mentioned before...

who knows...

They probably took a liability charge or something to that affect to offset the probably loss.  Sony's known for a long time that Immersion had their number and would cost them something.  In order to accurately forecast earnings, and to appease investors, federal obeservers and the like the cost would be factored into a prior quarter.  Since these negotions have been going on for some years, and accruing legal fees and interest each quarter, the forecasted loss was probably substantial. 

[QUOTE="ramey70"][QUOTE="tango90101"]

[QUOTE="AfterShafter"]MS has lost a hell of a lot more on the XBOX line of products.tango90101

so has sony from the ps3....;)

but you have to admit, taking a $152 million dollar hit is not something SCE needs right now as they hemorrage money...

If this was a settlement as the article indicates the amount was probably factored in to Sony's books by their accounts before negotiations even took place. It's a common procedure before any litigation discussions begin so that each company knows what they can and cannot settle for. It's still a hit to SNE, but one they were probably prepared for and expected.

i doubt it....

this has been ongoing for some time and has been thru the appeals process more than once...

if you remember, (don't ask for a 3 year old link) sony was given the chance to settle for much, much less... around 80 million if memory serves.

btw; "factored in to sony's books"...? uh...what "book" would that be exactly?

"Books" is the term used to describe a corporation's accounting ledgers and data that must legally be filed with the SEC each year.   And I highly doubt Sony's accountants ingnored such a common procedural accounting move to not assess potential loss and liability before a settlment negotiation.  Unless of course Sony's accountants are ex-Authur Anderson and Enron employees.