Financial Site Macroaxis: " Sony Has 79% Chance of Going Bankrupt in the Next 2 Years "
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Macroaxis: Sony Has 79% Chance of Going Bankrupt in the Next 2 Years
Posted by Jahmai Williams | Tuesday, 31 December 2013 | Gaming News
According to Macroaxis, a financial engineering tool website that analyzes companies and determines their well-being, Sony Entertainment has a discouraging 79% chance of going bankrupt in the next 2 years.
“Based on latest financial disclosure Sony Corporation has Probability Of Bankruptcy of 78%. This is 182.34% higher than that of Consumer Goods sector, and 163.57% higher than that of Electronic Equipment industry, The Probability Of Bankruptcy for all stocks is 122.48% lower than the firm.”
While it wouldn’t be factual to say that SNE will fail in the next 2 years (it’s all a guess), the 78.49% figure is based off of real, actual numbers. Many will consider this number overly inflated, but it all doesn’t sound too far-fetched when you take into consideration some of the things that have been happening over in Sony Land. Last year, Sony’s market value was slashed down to “junk” status, and they’ve sold multiple HQ buildings as well.
Not to mention, Sony still hasn’t recovered from all of the money they’ve lost on the PS3, and the Vita is still not profitable and isn’t selling.
For comparative purposes, Macroaxis is stating that Nintendo has only a 22% chance of failing in the next 2 years, which is very ironic considering the fact that the majority of gamers and journalists online are always claiming that Nintendo is in imminent danger, when in reality Nintendo is very healthy and Sony is actually the one closest to failing out of the 3 console manufacturers.
I’ve been fully aware of Sony’s financial woes for the last 7 years (unlike most gamers) but at the same time, I feel that they are a smart enough corporation to turn things around. Let us know what you guys think down below.
http://www.macroaxis.com/invest/ratio/SNE--Probability-Of-Bankruptcy
http://gaminrealm.com/2013/12/30/sony-79-chance-bankrupt-2-years/
Comments
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"Xbox On"
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They have a better chance of not going bankrupt than you have getting a girlfriend in the next 2 years
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? catching feelings quick
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Nintendo got enough money to spend in the next life.
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Uncharted 4 - Exclusively on XBOX One
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Yet Sony will still be king.
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"Xbox take my virginity"
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"XBox Eat A ? "
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"Xbox be my friend"
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You're all doing it wrong.
You have to say it at least three times before it listens. -
You're all doing it wrong.
You have to say it at least three times before it listens.
so it's a woman? -
You're all doing it wrong.
You have to say it at least three times before it listens.
lmao -
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They have a better chance of not going bankrupt than you have getting a girlfriend in the next 2 years
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darkone360 wrote: »Nintendo got enough money to spend in the next life.
Yea, while Sony was laying folks off and selling their headquarters in order to make ends meet, Nintendo was in the process of building an entirely new headquarters to house their unified console and handheld engineer departments. The new building has a capacity of 1,500 people and cost 16.5 billion yen, which equals out to about $204 million USD. The building started construction in 2012 and officially completed today.
Wrong pic...
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Wow! $204m and it only holds 1500 people?
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Too bad Nintendo won't be around much longer as a contender.
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Nintendo will be fine.
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remember this was said when the PS3 came out. about eight years later and PS4 4.2 million sold passing the struggling WiiU on its way to that number one spot.
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Nintendo valued as bigger company than Sony
Wednesday 8 Jan 2014 12:36 pm
According to the business markets Nintendo now has a market value higher than all of Sony combined, as Nintendo’s stock has more than doubled over the last few months.
After a disappointing earnings report from Sony in early November broke their comeback story, Sony's stock has dipped substantially and tonight in the Tokyo stock exchange Sony's market capitalization has fallen to 1.86 trillion yen ($17.769 billion).
Nintendo on the other hand has been surprisingly popular with investors over the last few months, with stock prices on the rise and a market capitalization that now stands at $18.4 billion.
The reasons Nintendo is back in favor is partially due to the massive success of the 3DS, but also investor rumors that the company will shortly announce significant changes to its business model. Many investors are convinced Nintendo will begin to support smart devices, despite Nintendo repeatedly telling them that they would never dream of it.
The company’s share price has also had a recent boost from the announcement that China will lift its ban on home consoles.Nintendo has been trying to make inroads into the Chinese market for years and its share price rose by 11 per cent as soon as the lifting of the ban was announced.
Leagues ahead of everyone though is Microsoft, with a market value of $304.0 billion, although as with Sony that includes all of their businesses and not just their games division.
http://metro.co.uk/2014/01/08/nintendo-valued-as-bigger-company-than-sony-4254425/
http://www.gamespot.com/forums/system-wars-314159282/nintendo-is-a-bigger-company-than-sony-31019963/
