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Nov 23 2012
By: Tekn0tize Gaming Beast 2105 posts
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Is Sony is going to die?? :(

23 replies 646 views Edited Nov 23, 2012

http://www.joystiq.com/2012/11/22/sony-credit-rating-downgraded-to-junk-by-fitch/

 

It seems Sony is in great financial problems... thsi doesn't look good for the future of Sony.

 

Seriously, I would never buy an xbox or Nintendo because it's way more DRM and region/country lock oriented than Sony. Also I've really enjoyed Sony consoles Ps2, Ps3, Psp etc. For me, if Sony dies it will most likely be the end of console gaming. It's not that I don't like the competition, but I cannot use region-locked consoles because I move continents every few years.

 

Is there any way Sony can recover?

 

This makes me a sad panda in a randa Smiley Sad

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Playstation God of War Stars Battle Bore y'all !!!
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Treasure Hunter
Registered: 08/02/2010
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Re: Is Sony is going to die?? :(

Nov 23, 2012
Sony will be fine, do not worry =D


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Uncharted Territory
Registered: 08/20/2012
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Re: Is Sony is going to die?? :(

Nov 23, 2012

If Sony dies, gaming dies. Same goes for Nintendo. Microsoft, gaming dies just a bit.

 photo Vigor_murder_of_crows_zps5759709e.gif
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Fender Bender
Registered: 09/07/2012
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Re: Is Sony is going to die?? :(

Nov 23, 2012
i thought sony is having problems with it's electronics division,
they're not doing too bad in the gaming division,
hell, the ps3 has sold more than 70 million units,
http://www.gamesradar.com/console-war-update-sony-reveals-how-many-ps3s-have-been-sold-and-its-quite...
Play For Fun!
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I Only Post Everything
Registered: 01/13/2012
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Re: Is Sony is going to die?? :(

Nov 23, 2012
Sony's gaming division has been making more dough than all the other departments.

PlayStation will be just fine. Did you know back in '96, much to peoples' surprise, PlayStation ended up reeling in 90% of the total company profits that year alone!
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First Son
Registered: 11/23/2012
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Re: Is Sony is going to die?? :(

Nov 23, 2012

To be fair, it's just Fitch. If it was Moody's or Standard and Poor, that'd be disaster for Sony. 

 

Either way though, such crappy credit ratings would mean that it'd be very difficult for Sony to raise capital, which is certainly not a good thing, even for healthier divisions such as gaming.

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Uncharted Territory
Registered: 07/04/2012
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Re: Is Sony is going to die?? :(

Nov 23, 2012
They should really focus on the game department. They've been losing money off of their electronics division for years.
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Uncharted Territory
Registered: 07/24/2012
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Re: Is Sony is going to die?? :(

Nov 23, 2012

Nah, they should get out of the TV market though. The videogame side of the company should do better, but it's not in bad waters. From what I've heard, the TVs are selling bad instead.

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Wastelander
Registered: 07/06/2012
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Re: Is Sony is going to die?? :(

Nov 23, 2012

well...if that happens, sony must collide with microsoft.....

Master chief for royale 2?

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Wastelander
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Re: Is Sony is going to die?? :(

Nov 23, 2012
Microsoft can't die they have Halo.
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