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Is Sony out of debit now?

#11ShineboxerPosted 3/25/2013 3:57:08 PM
From: MlREFOX | #008
Every public corporation has debt, even the successful ones. Certain ratios like debt to earnings are the more important number than simply looking at debt. Even profit isn't a perfect indicator of corporate success.


Sony is nearly 60% debt and only 40% actual equity, this ratio is growing and Sony can't stop it.
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#12ElBorak77Posted 3/25/2013 3:59:49 PM
sony has unlimited debit card transactions allowed until there are no funds left in their account. then they will be fined a surcharge for any and all amounts taken from said account.
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PSN El_Borak_77
#13chrcolPosted 3/25/2013 4:48:49 PM
http://www.bbc.co.uk/news/business-21364489

they still losing money but those figures are much better than 2011.

If I was sony I would drop out of the traditional electronic hardware market, such as tv's and dvd players. But keep doing the playstattions, music and movies. If you compare the tv market to say the 1980s its very different world today, much faster technology advances which is good for selling new stuff but also bad for r&d costs, stronger competition, and certian sectors are dieing such as dedicated music devices aka hifi's. I also think there is more price pressure on things like TVs now as well.
#14DoctorRPGPosted 3/25/2013 4:52:39 PM
it's been awhile since i've had a good laugh on the ps3 forums.

thanks tc.
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#15KolanifvPosted 3/25/2013 5:40:25 PM
BahamutBBob posted...
The way I hear it, the PS3 is the only thing keeping Sony alive right now. (obviously not good enough if they have to sell a couple skyscrapers...) Their other divisions are having more trouble than their gaming division.


Actually, Sony's financial services division is the top corporate earner, and it looks like the smartphone division has their act together finally.
#16ShineboxerPosted 3/25/2013 8:02:05 PM
From: Kolanifv | #015
BahamutBBob posted...
The way I hear it, the PS3 is the only thing keeping Sony alive right now. (obviously not good enough if they have to sell a couple skyscrapers...) Their other divisions are having more trouble than their gaming division.


Actually, Sony's financial services division is the top corporate earner, and it looks like the smartphone division has their act together finally.


lol wishful thinking, their next biggest competitor actually just dropped out.

They're still getting trashed.
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#17kcypher2000Posted 3/25/2013 9:42:50 PM
They sold two huge assets and they were still in the Red. That should tell you something about how they are doing.
#18Godstriker8Posted 3/25/2013 10:05:39 PM
they could use some debit right now lol
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#19THE_PS1_PATRIOTPosted 3/25/2013 10:12:13 PM
Maybe they'll finally go broke after PS6 or something.When I'm old...I don't know I just wanna know when I should be concerned is all. When starts to effect consoles or games or something that I would be effected by.

Sony should go blue.....Like Azure blue or something since they got all this money lying around.
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PLAYSTATION PATRIOT
#20ShineboxerPosted 3/25/2013 10:21:05 PM
From: kcypher2000 | #017
They sold two huge assets and they were still in the Red. That should tell you something about how they are doing.


They owe $130 billion.
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