Will Sony go broke?

[Darkblade]

Now I can't honestly say I think this is how it will go down, but it's an interesting read nonetheless. Could buying Sony's console hurt them more than you imagine?

For video game players, the competition among the three game console manufacturers must seem like a Dead or Alive tournament. There's always a winner and a loser, but someone else is always lined up for another bout with the winner.

Few tears were spilled when the No. 4 console maker, Sega, dropped out of the market a few years ago. But can you imagine if, in a year from now, there were only TWO console game makers?

Not only COULD it happen, but we're going to tell you why it WILL happen.

Can Video Games Bring Down a Multinational Corporation?

Sony has a book value of $27 billion. It has nearly $9 billion in cash. Sony's not going anywhere. Or is it?

Sony is looking at a potential for demise it has never faced before. With the failure of its TV and music electronics businesses and its up-and-down movie business, it has relied more and more on the video game business to keep profits up.

But now even its video game business can't save the company. In fact, it's the video game business that could put the whole company right down the toilet.

Here's a story of a company in trouble. Sure, you think you could help it by buying a new PS3 at the end of the year. But purchasing a PS3 this year could be the very thing that pushes Sony over the edge.

Read the full article here.

 

[Staines]

Nice read!

I somehow doubt it though, i think Sony will land back on their feet.

Even though i will probably not be supporting Sony this generation, i still want them to be around, i just want them to learn their lesson: that being arrogant jackass' and saying stuff like "people would still buy a PS3 with no games", will not get you anywhere.

 

[Tidus Blade]

Ive been reading those for months and I still

don't​

think so.......
I really hope theydon't get out of business.
I have a SONY laptop, TV, mp3 player, video camera, digital camera and consoles. I really like their products......
Anyways onto discussing why I think they will lose even more.....
Sony, even now (happening with almost everything electronic costing money) is getting pirated, PS2 games are getting pirated and posted on the Internet for free, and that makes SONY lose money, tons of money, but since Sony games could be double the price, more people will resort to piracy (who will pay $100 for a game???) but also since the games could be up to 50GB in size (blue ray can hold 50GB) who will download that much? Many people who cant download that much or who don't have a fast Internet connection wont download that much so that might lower piracy down a bit. Sony also sells blue ray movies which according to the article will sell for $25 each, id rather rent it! But also considering that i wont wait days to download some 50GB movie i might as well rent it, renting also affects Sony since it's like many people sharing the same copy of an originally bought game. Sony laptop batteries have a problem right now (might works perfectly so i don't have it but I've heard alot about it) which is costing them $500M and that will also effect laptop sales, since laptops sell for quite high prices ( at least a few hundred dollars to thousands of dollars) that will effect Sony laptop sales alot.
I could keep writing but i gotta go eat watermelon now.

 

[Althalus Kirvar]

Interesting read.
I don't think that they will go under, I think that they will take a huge hit in the profit margins but not go under. I hope when they take the big hit they'll re-evaluate their biusiness structure and imporve it someway

 

[Jaxiem]

In the next gen consoles...PS3 is for me, i like PS3 better than all the other...hopefully they dont go out...PS2 pwned and PS3 will pwn once people get past the like 700 dollars for it. I really dont think sony will go out anytime soon...the PS2 owns like 60-70% of the game systems in sales...PS3 i think will own most of them this year too...just after people get over the 700$ for it...it comes with friggin blueray for godsake so its definetly worth it...so yeah PS3 FTW!!!

 

[Tidus]

me too i like sony

 

[rasengan]

Go to hell SOny!

No seriously doubt Sony will go broke they sell more than just play station all of the other products will cover for the loss.{hopefully the loss will scare them so bad they will quit the gaming buisness}

Nintendo all the way!{They're a bunch of idiots for arguing with Square in the 90s though}

I don't care if they release ffs on the ps3 I'm still not going to get it I'm going to buy it in another 5 years or something.....

 

[Tidus Blade]

Go to hell SOny!

No seriously doubt Sony will go broke they sell more than just play station all of the other products will cover for the loss.{hopefully the loss will scare them so bad they will quit the gaming buisness}

Nintendo all the way!{They're a bunch of idiots for arguing with Square in the 90s though}

I don't care if they release ffs on the ps3 I'm still not going to get it I'm going to buy it in another 5 years or something.....

Your gonna love it when the price is right for you!

 

[TheWolfsMan]

...PS3 i think will own most of them this year too...just after people get over the 700$ for it...

Easier said than done.

 

[Tidus Blade]

Easier said than done.

They might get over it when they see thier favourite series on it or maybe amazing great games on it, they might then think that $700 fot it is very much worth it.