Sony is worth 83 Billion, Nintendo is worth 18 Billion

#71steve9842005Posted 4/13/2012 8:34:51 AM
Natureboy99 posted...
Thanks for trying to explain instead of just lobbing bombs like so many others around here. The 156B is a net worth number I found by searching "sony net worth". Considering the vastness of that number, why do you think 6B in losses (thats 4% of Sonys net worth, approximately) has a chance of making the company go under?

They just laid off 10,000 workers. Thats bad. How many does Sony employ normally? about 160,000 according to another search.

So tell me why 150,000 people, with over 150 Billion in assets, are going to just give up all that money and their careers and their properties and their pride, and sell the company. Seriously. Because to me, that sounds pretty ridiculous.


...Sony does not have a net worth of $156 billion, or anywhere even close to that number. Sony used to be worth around 200 billion in 2000, but now it's just around 20 billion.

http://www.employmentspectator.com/2012/04/sony-will-be-cutting-10000-jobs/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+employmentspectator+(Employment+Spectator)

Nintendo also has a slightly higher market cap than Sony.
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#72Natureboy99(Topic Creator)Posted 4/13/2012 2:09:38 PM
steve9842005 posted...

...Sony does not have a net worth of $156 billion, or anywhere even close to that number. Sony used to be worth around 200 billion in 2000, but now it's just around 20 billion.

http://www.employmentspectator.com/2012/04/sony-will-be-cutting-10000-jobs/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+employmentspectator+(Employment+Spectator)

Nintendo also has a slightly higher market cap than Sony.


I would like to see their source for that number, because everything I could find said Sonys current net worth 150B+.
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#73LHS_2012Posted 4/13/2012 2:13:36 PM
Natureboy99 posted...
steve9842005 posted...

...Sony does not have a net worth of $156 billion, or anywhere even close to that number. Sony used to be worth around 200 billion in 2000, but now it's just around 20 billion.

http://www.employmentspectator.com/2012/04/sony-will-be-cutting-10000-jobs/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+employmentspectator+(Employment+Spectator)

Nintendo also has a slightly higher market cap than Sony.

I would like to see their source for that number, because everything I could find said Sonys current net worth 150B+.


I think you are mixing up net worth with assets.
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#74squatch22Posted 4/13/2012 2:15:24 PM
Natureboy99 posted...
steve9842005 posted...

I would like to see their source for that number, because everything I could find said Sonys current net worth 150B+.


http://www.bloomberg.com/news/2012-04-09/sony-to-cut-10-000-jobs-worldwide-6-of-workforce-nikkei-says.html

''Hirai is scheduled to elaborate on his management plan April 12 for the company that set the trend during the 1980s with products such as the Walkman. Sony, worth $200 billion in September 2000, is now valued at $20 billion, compared with $591 billion for Apple and $170 billion of Samsung.''

Not hard to find.
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#75EdwardHohenheimPosted 4/13/2012 3:57:28 PM
Natureboy99 posted...
steve9842005 posted...

...Sony does not have a net worth of $156 billion, or anywhere even close to that number. Sony used to be worth around 200 billion in 2000, but now it's just around 20 billion.

http://www.employmentspectator.com/2012/04/sony-will-be-cutting-10000-jobs/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+employmentspectator+(Employment+Spectator)

Nintendo also has a slightly higher market cap than Sony.

I would like to see their source for that number, because everything I could find said Sonys current net worth 150B+.


What was the point of me explaining everything, if you still don't understand anything? Vitasurance indeed.
#76ORANGE666Posted 4/13/2012 4:05:33 PM
Natureboy99 posted...
steve9842005 posted...

...Sony does not have a net worth of $156 billion, or anywhere even close to that number. Sony used to be worth around 200 billion in 2000, but now it's just around 20 billion.

http://www.employmentspectator.com/2012/04/sony-will-be-cutting-10000-jobs/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+employmentspectator+(Employment+Spectator)

Nintendo also has a slightly higher market cap than Sony.

I would like to see their source for that number, because everything I could find said Sonys current net worth 150B+.


Sony's assets are worth that much meaning, everything they own put together is worth 150 billion. In comparison, Nintendo's would be very low, around 7-10 billion because all they own are a few manufacturing plants, game companies and IP's.

Sony can sell those assets anytime to pay back their depth. Selling Columbia Pictures alone would probably be enough to pay back their debt and they'd still be left with several movie studios
#77Natureboy99(Topic Creator)Posted 4/13/2012 4:16:59 PM
EdwardHohenheim posted...
Natureboy99 posted...
steve9842005 posted...

...Sony does not have a net worth of $156 billion, or anywhere even close to that number. Sony used to be worth around 200 billion in 2000, but now it's just around 20 billion.

http://www.employmentspectator.com/2012/04/sony-will-be-cutting-10000-jobs/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+employmentspectator+(Employment+Spectator)

Nintendo also has a slightly higher market cap than Sony.

I would like to see their source for that number, because everything I could find said Sonys current net worth 150B+.

What was the point of me explaining everything, if you still don't understand anything? Vitasurance indeed.


You have repaid my respectful responses with meanness for the last time. bye
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#78EdwardHohenheimPosted 4/13/2012 4:21:34 PM
Natureboy99 posted...
EdwardHohenheim posted...
Natureboy99 posted...
steve9842005 posted...

...Sony does not have a net worth of $156 billion, or anywhere even close to that number. Sony used to be worth around 200 billion in 2000, but now it's just around 20 billion.

http://www.employmentspectator.com/2012/04/sony-will-be-cutting-10000-jobs/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+employmentspectator+(Employment+Spectator)

Nintendo also has a slightly higher market cap than Sony.

I would like to see their source for that number, because everything I could find said Sonys current net worth 150B+.

What was the point of me explaining everything, if you still don't understand anything? Vitasurance indeed.

You have repaid my respectful responses with meanness for the last time. bye


Stop getting offended. Your responses have been nothing but uninformative. You should first do research before you post a bunch of stuff in panic mode to make an irrelevant point. If you knew how businesses worked, you wouldn't have made this thread.
#79AceAndJunpeiPosted 4/13/2012 4:26:09 PM
squatch22 posted...
Natureboy99 posted...
steve9842005 posted...

I would like to see their source for that number, because everything I could find said Sonys current net worth 150B+.

http://www.bloomberg.com/news/2012-04-09/sony-to-cut-10-000-jobs-worldwide-6-of-workforce-nikkei-says.html

''Hirai is scheduled to elaborate on his management plan April 12 for the company that set the trend during the 1980s with products such as the Walkman. Sony, worth $200 billion in September 2000, is now valued at $20 billion, compared with $591 billion for Apple and $170 billion of Samsung.''

Not hard to find.


Ouch, how is TC going to try to get out of this one?
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#80CooperRCPosted 4/13/2012 4:36:55 PM
Net worth is not a total of all your assets. You have to subtract all the debt. And it would also not be that easy to quickly sell most of Sony's illiquid assets.