No, I didn't. You forget that those losses are irrelevant when the rest of Sony is profitable. I don't know how to explain it so that you'll understand it. Let's say I steal $5 from you. But then let's say you get tipped $10 at work. If you as a person could literally incur negative dollars, you would now have $5. Since you can't incur negative dollars, you end up with $10, but it's just an example.MrSega wrote: You forgot the $10 billion in losses of revenue on PS3 over a four year period
Or, how about this; I spend $5000 on a car. I get paid $20,000, and I pay the car off completely. I have $15,000. That $5000 spent on the car doesn't make me have $0 after I get $20,000.
Let's say your estimates are right, and we'll throw in your $10 billion in losses for the sake of argument. $10 billion in alleged PS3 losses, $2 billion from the NGP flopping, $2 billion in... bleeding high manufacturing costs, whatever the hell those are, and $24 billion from the estimate of PSN losses. That makes $38 billion. $137 - $38 billion still doesn't equal zero. It makes $99 billion.another $2 billion in losses if NGP flops,over another $2 billion in losses on the bleeding of high manufacturing costs which still presist, and $24 billion in losses over the PSN debacle.
Chapter 9 bankruptcy is for municipalities. I told you this before.Total losses could exceed over $50 billion which would cause Chapter 9 Bankruptcy protection,50% stock plumment, massive layoffs and the official shutdown of Sony Computer Entertaiment
Also, a stock plummet would not affect Sony itself. The only time that stocks affect the company's money is when it's time to pay dividends and when the stock is initially sold. Once Sony initially sells the stock, that's it. It's out of their hands. It's like if I sell a used game back to a store. I get the money that one time. After that, it's on the market and it's traded between different people for a bit of control in the company. Dividends are paid on the initial stock value, and extra can be paid depending on how much money the company makes.
Cool story? The gaming division is still a part of Sony. This is another thing you can't seem to grasp. If you go to McDonalds and buy a salad, you wouldn't say it comes from a different company. Just because it's not a Big Mac doesn't mean it's not McDonalds. It's just a different part of one company. You're still buying from Sony if you buy PlayStation products.(I repeat this again and again since you and stu seem to think that Sony has always run its gaming division Sony is like NEC. NEC had a game division.)
Uh... I can't find any record of this. FCI is an American division, though. They would've filed for Chapter 11, either way (in the case of FCI).Oh and you are incorrect that a Japanese company can't file for Chapter 9 bankruptcy. FCI/Pony Canyon officially filed Chapter 9 in 1993.
I'm not saying that there is no equivalent to chapter 11 in Japanese business, but I am saying to stop using chapter 9. It's for municipalities.
I didn't know Tecmo was a city. Either way, doesn't this prove my point that a bankruptcy wouldn't kill Sony? It offers a chance to restructure.TECMO filed for Chapter 9 Bankruptcy in 1994 and was already on the verge of cutting thier amusment market in half before development on D.O.A. begin.
Right, NEC was given the chance to restructure. They did some analysis, and they determined that their gaming division wasn't profitable. What's your point? Just because NEC's was determined to do the most damage, doesn't mean PlayStation is doing the most damage to Sony. In some instances it can be more damaging to a company to close an unprofitable division just because of the way it's integrated into the company. No one can say if that's true of PlayStation except for Sony, because only they have the records which could show them that information.Oh, what's that? NEC Corp also filed for chapter 9 bankruptcy in 1996 and totally shuddered its entire video game R&D division!Within two years, they left the game market behind and returned to being an OEM.
I'm not a Sony fan. Get it through your skull. The only Sony product I own is a PlayStation 1 with one game. You know what insisting I'm a Sony fan is? Trolling.Sony will share the exact same fate as NEC. Mark my words, spin as much as you want defeating the purpose of your own Sony propoganda topic, but its inevitible.
Think it as much as you want, I've chosen a career in business, and I understand the implications of different aspects of businesses and their bearing on the future of the business. The simple truth is that this isn't a death knell for Sony.
This paints a clear picture of your understanding of business. Sony isn't and never has been an OEM. An OEM is a company that manufactures a part and sells it to another company. The company it is sold to then sells the part as its own. It's sort of like (but not exactly like) when you buy a Wal-Mart brand product. Say you buy some coffee from Wal-Mart. It has the Wal-Mart brand on it, but if you read the label, it'll say "Manufactured by Folgers for Wal-Mart" or whatever brand it might happen to be.Sony will file for Chapter 9 within a year,leave the hardware business in a few and revert back to being an OEM.
