xbdestroya said:scooby_dooby said:According to gamespot this is sony's 2nd 1/4 not the 4th, and the 1st quarter they lossed nearly 3 times as much as this quarter.
That article doesn't make sense, they claim sony had a net loss yet at the same time their profits rose 85%, maybe you can clarify that.
jawed - i'm not buying into the hype. common sense just tells me that a company that is struggling to make profits wouldn't invest ~3 billion dollars in a technology that was intended only for use in their consoles, especially when they could've just gone with a simple 3 core IO CPU like MS did.
and also that the strength of CELL truly seem to be as a massive A/V decoder/encoder and not as a console CPU.
Then again they did a very similar thing with the EE, so trying to guess at Sony's motives/rationale is kinda hard.
Ah ha! Sorry, I forgot it was time for a new earnings report - TOTALLY my fault and I apologize for that.
Anyway the loss is for the quarter in that previous article, and the gain is profits for the entire year (all four quarters combined, and compared to the previous years performance.)
As far as Cell and it's investment, cosnider it 'only' ~$600 million for the R&D itself, and the rest as investments in fabbing capacity.
Yeah though, Sony is reporting a loss for the second quarter in a row here; bad news. Still, they'll be profitable for the year again, even if seemingly less so than last year. It's certainly not what you want, but it's not the vultures of bankruptcy just yet either.
I don't know man, $61 billion in debt from last year is bad, any way you look at it.
"Standard & Poor's today said it is reviewing Sony's A+ long- term debt rating, its fifth-highest, for a possible downgrade because the acquisition may damage Sony's balance sheet. MGM's losses over three years, which total about $740 million, make it ``uncertain what contribution MGM can make to Sony's profits,'' S&P said. Sony's total debt stood at 6.71 trillion yen ($61 billion) on June 30."
http://quote.bloomberg.com/apps/news?pid=10000080&sid=aiimIU_uzAs0&refer=asia