Nintendo needs to be more like sony

#71icarus231Posted 3/20/2013 12:10:33 PM
Kolanifv posted...
icarus231 posted...
http://articles.businessinsider.com/2011-11-11/tech/30386214_1_flat-screen-tvs-sony


Exactly. I'm not sure if you're starting to understand or if you posted this to be deliberately obstinate, but Sony is a company with several divisions. Nintendo only does one thing.

Your numbers are a year out of date too, and reflect FY2011 numbers, where they posted a 3.2 billion loss.


My numbers were based on a forbes artical from a few months back about the most powerful brands. Nintendo was #40 and sony was #38
#72squatch22Posted 3/20/2013 12:10:59 PM
Kolanifv posted...
squatch22 posted...
Sony have lost money for 8 consecutive quarters...


Do you have any other argument than "but, but, SONY", squatch? I'd like to see it if you do. For the record, since YOU brought it up, they posted a $534 million profit in Q3 2012 and $31.5 million in Q2, which with the $312 million loss in Q1 puts them at a net $253 million profit for FY2012 through Q3. It's facts, man, you can look them up.


http://www.bbc.co.uk/news/business-21364489
''The maker of the Playstation games console and Bravia televisions has lost money for the past four years.''

http://newyork.newsday.com/business/technology/sony-posts-surprise-loss-on-tv-demand-slump-1.4579301
''Sony Corp., Japan's biggest consumer electronics exporter, reported an eighth consecutive quarterly loss on waning demand for TVs and consumer preferences for devices from Apple Inc. and Samsung Electronics Co. ''

http://www.pressdisplay.com/pressdisplay/viewer.aspx
http://fxwala.com/2013/02/sony-posts-surprise-eighth-quarterly-loss-on-tv-demand-slump/
http://www.newsbcc.com/Australia/Technology/Sony_posts_surprise_8th_quarterly_loss_on_TV_demand_slump/417684/
http://www.linkedin.com/today/article?articleId=5705206627439738979
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#73KolanifvPosted 3/20/2013 12:16:27 PM
http://www.theverge.com/2013/2/7/3962834/sony-q3-2012-financial-results
#74pikachupwnagePosted 3/20/2013 12:20:28 PM
They both can learn from each other.
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#75rudgerlightPosted 3/20/2013 12:26:11 PM
icarus231 posted...
Kolanifv posted...
icarus231 posted...
http://articles.businessinsider.com/2011-11-11/tech/30386214_1_flat-screen-tvs-sony


Exactly. I'm not sure if you're starting to understand or if you posted this to be deliberately obstinate, but Sony is a company with several divisions. Nintendo only does one thing.

Your numbers are a year out of date too, and reflect FY2011 numbers, where they posted a 3.2 billion loss.


My numbers were based on a forbes artical from a few months back about the most powerful brands. Nintendo was #40 and sony was #38


Are you talking about the magazine or the website?

I'm not going to argue whether your numbers are valid or invalid, but for your own sake you should never ever use Forbes.com as some sort of authority. Their "contributors" are glorified bloggers and don't need proven credentials to post articles, nor is there any accountability on what's put on that site. Truly, a terrible website to gather data from. The site name has prestige cause of the magazine, but its meaningless unless the author you're quoting has valid credentials.

Not really arguing either way, just want to make sure people know this and stop relying on them.
#76icarus231Posted 3/20/2013 12:34:59 PM
Kolanifv posted...
http://www.theverge.com/2013/2/7/3962834/sony-q3-2012-financial-results


You might want to reread that. It didnt say they were profitable but they are expecting to be partly due to selling assets.
#77KolanifvPosted 3/20/2013 12:41:11 PM
icarus231 posted...
You might want to reread that. It didnt say they were profitable but they are expecting to be partly due to selling assets.


"Sony has reported a 46.4 billion yen ($534 million) operating profit in its Q3 2012 figures, compared to a 97.1 billion yen loss from a year ago."

Not sure what part of that you didn't read. Q4 reports aren't in yet, but it's likely with the numbers that they've had for the prior two quarters (which I posted somewhere) that they will.
#78icarus231Posted 3/20/2013 12:44:15 PM
rudgerlight posted...
icarus231 posted...
Kolanifv posted...
icarus231 posted...
http://articles.businessinsider.com/2011-11-11/tech/30386214_1_flat-screen-tvs-sony


Exactly. I'm not sure if you're starting to understand or if you posted this to be deliberately obstinate, but Sony is a company with several divisions. Nintendo only does one thing.

Your numbers are a year out of date too, and reflect FY2011 numbers, where they posted a 3.2 billion loss.


My numbers were based on a forbes artical from a few months back about the most powerful brands. Nintendo was #40 and sony was #38


Are you talking about the magazine or the website?

I'm not going to argue whether your numbers are valid or invalid, but for your own sake you should never ever use Forbes.com as some sort of authority. Their "contributors" are glorified bloggers and don't need proven credentials to post articles, nor is there any accountability on what's put on that site. Truly, a terrible website to gather data from. The site name has prestige cause of the magazine, but its meaningless unless the author you're quoting has valid credentials.

Not really arguing either way, just want to make sure people know this and stop relying on them.


While anything on the web is questionable here are the sources. Not sure how reliable they are but it is multiple sources and not just someone writing an article like most of the references on here.

Sources: Penn Schoen Berland, Landor Associates; Thomson Reuters Fundamentals via FactSet Research System; Forbes.
#79squatch22Posted 3/20/2013 12:47:24 PM
Kolanifv posted...
icarus231 posted...
You might want to reread that. It didnt say they were profitable but they are expecting to be partly due to selling assets.


"Sony has reported a 46.4 billion yen ($534 million) operating profit in its Q3 2012 figures, compared to a 97.1 billion yen loss from a year ago."

Not sure what part of that you didn't read. Q4 reports aren't in yet, but it's likely with the numbers that they've had for the prior two quarters (which I posted somewhere) that they will.


''That works out to a 10.8 billion yen ($128 million) net loss post-tax...''
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Nintendo: Leading the way for others to follow.
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#80icarus231Posted 3/20/2013 12:48:07 PM
Kolanifv posted...
icarus231 posted...
You might want to reread that. It didnt say they were profitable but they are expecting to be partly due to selling assets.


"Sony has reported a 46.4 billion yen ($534 million) operating profit in its Q3 2012 figures, compared to a 97.1 billion yen loss from a year ago."

Not sure what part of that you didn't read. Q4 reports aren't in yet, but it's likely with the numbers that they've had for the prior two quarters (which I posted somewhere) that they will.


"That works out to a 10.8 billion yen ($128 million) net loss post-tax, but it's clear that the company is starting to stem the flow somewhat from its disastrous results last year."