Originally Posted by Marc Wielage
Their speakers are an afterthought at best to a failing corporation whose core business -- TV sets, video games, and entertainment -- are not doing well. Sony has never made good speakers in their entire history, in my opinion, and I don't think $250 speakers that claim to handle high res 96kHz or 192kHz audio are anything but hype.
failing corporation whose core business -- TV sets, video games, and entertainment -- are not doing well. ,
Sony inc. core business assets are Sony Financial services, Sony inc.insurance services ,Sony inc. re insurance ,Sony inc. banking, credit finance and advertising agency's (cash flush Sony inc. sugar daddy's ) followed by Sony Entertainment, Sony Films, Sony music and Sony game div.
( Game contributed 1/1000 of Sony inc. most recent fiscal yr.earnings call) Sony inc. has substantial cash reserves and profitable core assets going forward. TV,Game and CE altogether represent ~20% of Sony inc. revenue
As with most Japan conglomerates there is lots to see when you raise the hood and look around .
same with R.O.K. Samsung and LG .
Sony TV is now an owned subsidiary no longer Sony inc div. ,Sony consumer Electronics ,game and TV may be sold .
none of these are core Sony inc business assets further TV and CE have not been core Sony inc .business for decades .
the Japanese giant has been unable to mitigate the losses.
Sony TV (Sony inc. owned subsidiary and direct report ) posted a profit at most recent earnings call ..
TV sub. could ultimately be successful in the short term maybe longer due to expected lower operating costs and fetch a good price because of that in the long term if it were sold or remain profitable if not . Sony inc. looses were attributable to (*some non re occurring* ) restructuring charges and accounting charges not declining sales and gross profits
which ofc would be more concerning .
Q1 fiscal 2015 SNE earnings report Sony reported a revenue increase of 5.8% to ¥1,809.9 billion ($17,920 million) and a net profit increase of nearly 800% to ¥26.8 billion ($265 million).
Sony TV, CE and Game may be sold to raise cash for capital expenditures for Sony inc. forward and current business strategy's which include hospital and patient data management stationary and portable medical equipment and medical devices and small to medium (non TV) OLED panels J.V. with Panasonic.
(This information is speculative and should not be considered as advise and should not be used for trading)
Profit margins and broad market revenue potential are much larger than TV,CE,and game combined in above business
strategies going forward one thing among many( including SNE other businesses ) overlooked by the obviously uninformed blog writer at IGN you linked .
IGN is a game site not a trading, business or investing site
Try at the least Market Watch ,Bloomberg,Fortune or WSJ next time before you try to form any business opinions .
All nothing to do with your opinions of the speakers ,but rather the business reality instead .☺☺☺☺