How long can Sony lose money?

#1 Posted by SmilingPig (1337 posts) -

Sony as bin losing money as a company at lease since 2008:

2008 = 1 billion lost

2009 = 439 million lost

2010 = 3.17 billion lost

2011 = 5.57 billion lost

Even if its gaming division makes a profit, the overall company is not profitable. How long before it files for bankruptcy?

I hope that everything works out for the best in the end, but the financial world is very unforgiving.

#2 Posted by BombcastGoldthwait (250 posts) -

They just hired Adam Boyes, he can bring in 30.6 billion alone.

#3 Posted by kurtbro900 (117 posts) -

A long time.

#4 Posted by alternate (2682 posts) -

As a rule japanese big name companies don't go bankrupt - another zaibatsu just takes them over. That said isn't Sony unofficially part of Mitsui Group anyway - and that group is still huge itself so can eat a few under performing companies.

#5 Posted by Hosstile17 (763 posts) -

They probably can't continue functioning in their current form and continue to lose money as they have. The gaming division will likely continue unchanged, for the most part, because it makes money. The Sony Ericson brand, home computer division, and television arms might not be as safe.

#6 Posted by Vegetable_Side_Dish (1724 posts) -

A long time. 
The TV divison and strong yen is what's killing them, if worst comes to worst they can severely downsize that shit, they'll be fine. 

#7 Posted by Commisar123 (1790 posts) -

A lot actually, they have a lot of credit and capital to fall back on.

#8 Posted by DjCmeP (1148 posts) -

Forever..

They overprice their electronics so much that they have nothing to worry about.

#9 Posted by believer258 (11629 posts) -

Sony isn't going to go out of business or whatever for a while.

#10 Posted by Seedofpower (3925 posts) -

I don't see them pulling a THQ anytime soon but they do have a lot of fat to cut. Maybe at some point they will find the right CEO, who will know what to do.

Online
#11 Posted by DrDarkStryfe (1086 posts) -

This is why they are grooming Kaz to take over. As eccentric as he seems, he has headed the most successful part of Sony Corp for awhile now.

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