If one algorithm is to be believed, things are looking grim for Sony. The maker of the PlayStation 4, according to Macroaxis, has a 78 percent chance of going bankrupt in the next two years.
Here’s a quote from their bankruptcy probability tool for Sony Corporation.
Based on latest financial disclosure Sony Corporation has Probability Of Bankruptcy of 78%. This is 181.53% higher than that of Consumer Goods sector, and 168.71% higher than that of Electronic Equipment industry, The Probability Of Bankruptcy for all stocks is 121.29% lower than the firm.
NeoGAF user Contra11 pulled up Microsoft and Nintendo’s probability of bankruptcy for comparison. Microsoft has a 1 percent chance of going bankrupt in two years, while Nintendo sits at a 22 percent chance. Nintendo’s odds are particularly interesting given the community mentality that the company has had one foot in the grave for nearly 20 years now.
Gaming, though, is such a small slice of what Sony does as a business. They sell TVs, sound systems, portable music devices, computers, cameras and a whole lot more. Based on the performance of the PlayStation 2, PlayStation 3 and, at least initially, the PlayStation 4, Sony’s been doing well in gaming.
Everywhere else? Perhaps not as well as the company would like.
As one of the gaming writers for this site, my knowledge of Sony as a business is sort of limited to what they do in my field. As a consumer, my perception of Sony as a maker of products changed with the minidisc and the fall of the Walkman. Sony used to dominate portable music in a crazy big way. Walkman was synonymous with portable cassette players in the same way the iPod is with MP3 players. Everything, regardless of brand, was a Walkman.
Since the fall of the Walkman brand, in my book, Sony hasn’t been the same maker of electronics. Games? They are fantastic. Otherwise? There are so many other alternatives.
Macroaxis is little more than an algorithm-based prediction tool. They use stock numbers to predict the long term health of companies, something one would need future-telling powers to predict accurately.
Despite that, this does present an interesting look at the company. Is Sony in trouble or are these numbers off?
That would suck insanely bad. PlayStation seems to do well. Everything else Sony doesn't seem to be doing well. And so, my T-Mobile contract just ended, and I'm looking to buy my next phone right about now, like in April. Right around Microsoft's Build Conference. Somewhere around that time, or during this next CES '14 January 7th, or Mobile World Congress '14 in February, Sony is supposed to be announcing doing a Windows Phone 8.1. I really am considering having that be my next phone, cuz I like products and things.
I don't even know how companies spin off other companies, and spinning out PlayStation might have it do alright by itself. But Sony receivers, TVs, and computers better be the best bumping bass busters ever, coming this CES and next. Cuz if not.. Yeesh, I dunno.
Who else than Google, Apple, and Microsoft even have the cash at hand to buy all those patents, though? Apple still wants to do them TV's, and Lenovo would maybe even buy some phone patents cuz might as well. HTC, and HP dying off wouldn't be healthy for this industry either, assuming they could survive two more years at this point.
Plus they got: Columbia Music & Movies, RCA, now they're doing Spanish Breaking Bad TV, and their Japanese life insurance company-thing. The Strokes gotta get paid..