Sony warns of $2.14B annual loss, blames mobile unit

[ChrisDorner]

sony is killing the game with its games division. look at the usual suspects tryna turn this into some console shyt what is the ps4/xbone sales ratio? 3 to 1? Worry about your own sinking ship

On topic tho, their phone division really has been for a minute

who the fukk do you know with a sony phone

 

[DStyles]

That larrystation 3.5 is hurting them chinaman

They should have put the $500 price tag to begin with.

I don't see $auny making a larrystation past 5. The larrystation 4 is just a minor upgrade to the 3. There is nothing innovative about the larrystation 4.

 

[winb83]

Not looking good for the cell phone division. I remember when they were the a/v king, then they branched out to camera's, phones, and computers. They got they hand in everything. Mobile division taking a beating from Samsung, HTC, and Apple.

http://yahoonewsdigest-us.tumblr.co...warns-of-2-14b-annual-loss-blames-mobile-unit

Sony expects its annual loss to swell to $2.14 billion and has canceled dividends for the first time in more than half a century after writing down the value of its troubled smartphone business. The company had initially forecast a $466 million net loss by the end of its current fiscal year that ends March 31, 2015. Sony also said it would cut the smartphone unit’s global staff by 15 percent—about 1,000 jobs. But, to stockholders, the biggest news might be the dividend cancellation, a fact not lost on the Japanese company’s leaders.

For more than 50 years we always paid a dividend. The entire management takes this very seriously.

Kazuo Hirai, Sony chief

Sony has been trying to reshape its business after years of red ink and has repeatedly promised turnarounds without delivering. It said the bigger loss for the current fiscal year stems from a lower valuation of its cellphone business due to weaker-than-expected sales.

Why is Sony making cell phones again?

 

[beenz]

man sony is retarded. they need to stick to playstations, and making movies. it seems those are the ONLY two divisions in the company actually doing something worthwile.

and when was the last time anyone saw someone with a sony/ericsson phone????

 

[ChrisDorner]

That larrystation 3.5 is hurting them chinaman

They should have put the $500 price tag to begin with.

I don't see $auny making a larrystation past 5. The larrystation 4 is just a minor upgrade to the 3. There is nothing innovative about the larrystation 4.

bro you dont even try lol

 

[PS5 Pro]

Not looking good for the cell phone division. I remember when they were the a/v king, then they branched out to camera's, phones, and computers. They got they hand in everything. Mobile division taking a beating from Samsung, HTC, and Apple.

http://yahoonewsdigest-us.tumblr.co...warns-of-2-14b-annual-loss-blames-mobile-unit

Sony expects its annual loss to swell to $2.14 billion and has canceled dividends for the first time in more than half a century after writing down the value of its troubled smartphone business. The company had initially forecast a $466 million net loss by the end of its current fiscal year that ends March 31, 2015. Sony also said it would cut the smartphone unit’s global staff by 15 percent—about 1,000 jobs. But, to stockholders, the biggest news might be the dividend cancellation, a fact not lost on the Japanese company’s leaders.

For more than 50 years we always paid a dividend. The entire management takes this very seriously.

Kazuo Hirai, Sony chief

Sony has been trying to reshape its business after years of red ink and has repeatedly promised turnarounds without delivering. It said the bigger loss for the current fiscal year stems from a lower valuation of its cellphone business due to weaker-than-expected sales.

Sony and Cellphones just dont' even sound right, so no way they NOW losing 2.5billion
The PS4 is losing mad money, they had to lie just to kick it

Its all good, DriveClub drops next month to cure all ills

 

[Heretic]

man sony is retarded. they need to stick to playstations, and making movies. it seems those are the ONLY two divisions in the company actually doing something worthwile.

and when was the last time anyone saw someone with a sony/ericsson phone????

SonyFinancial breh. I be on my day trading shyt and that's the most stable item in their portfolio. I wanna say that corporation has like 7 profitable divisions but it's not really known about in the states.

 

[beenz]

SonyFinancial breh. I be on my day trading shyt and that's the most stable item in their portfolio. I wanna say that corporation has like 7 profitable divisions but it's not really known about in the states.

whats the most stable division? their movie studio?

 

[Heretic]

whats the most stable division? their movie studio?

The financial division. Specifically Sony life

 

[BasedPrime]

Damn they trie their hardest but just cant win. Too bad cuz the Xperia phones are really slick

 

[PS5 Pro]

Damn they trie their hardest but just cant win. Too bad cuz the Xperia phones are really slick

Them shyts HD-DVD status now

 

[newarkhiphop]

Rumor is Google will buy Sony out.

 

[BasedPrime]

Rumor is Google will buy Sony out.

Googlestation 4

 

[iceberg_is_on_fire]

man sony is retarded. they need to stick to playstations, and making movies. it seems those are the ONLY two divisions in the company actually doing something worthwile.

and when was the last time anyone saw someone with a sony/ericsson phone????

Sony is an insurance company that just so happens to sell electronics nowadays.

 

[shutterguy]

The good old days...........