Analysts say “Sony in trouble”
Damn. We were looking forward to a good few hours of writing, but everything we see is “Sony is in trouble!” “Head for the hills!” “The Cylons have killed the president!” Can we step back and have a dose of reality, please?
- Sony Pictures Entertainment is the TV and film arm of Sony. Last year’s group sales were about 6.6 billion US dollars (according to their Corporate Fact Sheet).
- Sony has also acquired Columbia Records, MGM (we love that cute lion), Columbia Pictures, and Aiwa (an electronics brand limited to some regions).
- Sony’s other holdings include (in part) United Artists Corporation, Orion Pictures, Merv Griffin Entertainment, and TriStar Pictures.
- Sony Corporation (Soni Kabushiki-gaisha) had around 67 billion US dollars in sales last year.
- Sony’s join ventures include Sony Ericsson (research consulting firm Gartner places it as the fourth largest mobile phone maker in the world), Sony BMG Music, Sony/ATV, S-LCD Corporation (a joint venture with Samsung), ST Liquid Crystal Display Corporation (a joint venture with Toyota), Optiarc (a joint venture with NEC), and FeliCa (the standard method of mobile payments in Japan; Sony owns part of it).
Every day should be Gaming Appreciation Day. That might make things less gloom-and-doom. For example, Myra’s article from October 14 admitted that “there were several issues that the company faced the last couple of months: there was the PS3 delay, the supposed overheating problem during the TGS, and the usual PS3 bashers.” But Myra’s article took the time to point out the good news – yes, Sony’s stocks went up!
Analysts keep coming out of the woodwork and they have something smart (but negative) to say about every console, game, and gamer. And we say, “Can’t you analysts stop tearing the industry down?” Why do analysts act like the only way you can sell a PS3 (or make readers read your blog) is to piss on Nintendo, and the only way to sell a Wii (and make readers leave tons of comments) is to wee on Sony. If we keep that up, in the end, everybody is screwed.
Damn. We were looking forward to a good few hours of writing, but everything we see is “Sony is in trouble!” “Head for the hills!” “The Cylons have killed the president!” Can we step back and have a dose of reality, please?
- Sony Pictures Entertainment is the TV and film arm of Sony. Last year’s group sales were about 6.6 billion US dollars (according to their Corporate Fact Sheet).
- Sony has also acquired Columbia Records, MGM (we love that cute lion), Columbia Pictures, and Aiwa (an electronics brand limited to some regions).
- Sony’s other holdings include (in part) United Artists Corporation, Orion Pictures, Merv Griffin Entertainment, and TriStar Pictures.
- Sony Corporation (Soni Kabushiki-gaisha) had around 67 billion US dollars in sales last year.
- Sony’s join ventures include Sony Ericsson (research consulting firm Gartner places it as the fourth largest mobile phone maker in the world), Sony BMG Music, Sony/ATV, S-LCD Corporation (a joint venture with Samsung), ST Liquid Crystal Display Corporation (a joint venture with Toyota), Optiarc (a joint venture with NEC), and FeliCa (the standard method of mobile payments in Japan; Sony owns part of it).
Every day should be Gaming Appreciation Day. That might make things less gloom-and-doom. For example, Myra’s article from October 14 admitted that “there were several issues that the company faced the last couple of months: there was the PS3 delay, the supposed overheating problem during the TGS, and the usual PS3 bashers.” But Myra’s article took the time to point out the good news – yes, Sony’s stocks went up!
Analysts keep coming out of the woodwork and they have something smart (but negative) to say about every console, game, and gamer. And we say, “Can’t you analysts stop tearing the industry down?” Why do analysts act like the only way you can sell a PS3 (or make readers read your blog) is to piss on Nintendo, and the only way to sell a Wii (and make readers leave tons of comments) is to wee on Sony. If we keep that up, in the end, everybody is screwed.