Sony Doomed, Panasonic MORE Doomed

Discussion in 'User Submitted News' started by xist, Feb 8, 2012.

  1. xist
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    xist ΚΑΤΑ ΤΟΝ ΔΑΙΜΟΝΑ ΕΑΥΤΟΥ

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    http://www.reuters.com/article/2012/02/08/idUSWLA260120120208

    Sony - 2.9 Billion Net Loss
    Sharp - 3.8 Billion Net Loss
    Panasonic - 10.2 Billion Net Loss

    "Major price falls of products and devices such as LCD colour televisions and solar batteries as well as a dramatic increase of the yen"


    In b4 Val
     
  2. lostdwarf
    This message by lostdwarf has been removed from public view by a moderator, Sep 22, 2017.
    Feb 8, 2012


  3. Coto

    Coto GBAtemp Addict

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    Maybe overwhelmed Sony lawsuits, PS3 BC compatibility removal and ranting like 13 year old boys weren't a good idea, after all.
     
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  4. lostdwarf

    lostdwarf GBAtemp Maniac

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    They specifically mention it's TV side. Not the PS3 or games side at all.
     
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  5. prowler

    prowler Sony

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    Notice how this thread will be about Sony and nothing on Panasonic/Sharp.

    Though I can't remember the last time I saw one of Panasonics or Sharps TVs. Samsung 4evr.
     
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  6. Guild McCommunist

    Guild McCommunist (not on boat)

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    Not to mention literally every company that operates out of Japan has been getting completely screwed by the yen. I know Nintendo got some pretty harsh losses despite rather fantastic 3DS software sales (hardware sales don't help them).

    It's the strong yen that screw them and I wouldn't be surprised to see Sony drop out of TVs. They still have major holds in music and film so they've got their fingers in enough pies. Hopefully they have some fire sale on those budget 3D TVs, I wouldn't mind getting one.
     
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  7. Densetsu

    Densetsu Pubic Ninja

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    Wouldn't YOU like to know?
    And Hirai just took over Stringer's position...what a mess he inherited.

    Reminds me of the time Obama got elected President.
     
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  8. Coto

    Coto GBAtemp Addict

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    Sony's products, mainly TVs and handhelds, but I'm reading this being a company issue as whole. Maybe some Sony's divisions will say bye bye? It'd be a shame, of course.

    Panasonic would be the worst case here, and it'd be a shame the company dies, but I haven't seen a lot of their products around here.
     
  9. xist
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    xist ΚΑΤΑ ΤΟΝ ΔΑΙΜΟΝΑ ΕΑΥΤΟΥ

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    CCTV purports to show Valwin burning down a Sony Music warehouse in the London Riots of August 2011.

    All we can do is wait and see how the new plans of focus and graded targets for future expansion work out. These figures reflect the Sony of yesterday...it's the Sony of tomorrow that's relevant, and hopefully Hirai will pull things back from the brink. But it's also the same story across many of the larger Japanese corporations....the value of the Yen, and the recovery from last years environmental damage means that writing these figures off solely as a Company failure is short sighted.
     
  10. FAST6191

    FAST6191 Techromancer

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  11. lostdwarf

    lostdwarf GBAtemp Maniac

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    I am guessing the Sony story is mentioned and highlighted because they are the only one with a games console out of the 3 company's.
     
  12. Coto

    Coto GBAtemp Addict

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    I agree Xist, as long Sony as company learn from their mistakes and focus on what they really know to do:

    digital / hardware development
     
  13. xist
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    xist ΚΑΤΑ ΤΟΝ ΔΑΙΜΟΝΑ ΕΑΥΤΟΥ

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    Which is the reason it's posted because this is primarily a gaming community. Either of the other company's could be posted but the direct relevance to us is more questionable....the other companies are merely there to dispel the "doomed" naysayers, as it illustrates it's multi-corporational and not just Sony (and an adjunct to a depressed economy)
     
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  14. Hop2089

    Hop2089 Cute>Hot

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    The Yen needs to weaken fast, it's taking everyone down.

    Sony does need to do away with some of it's divisions and keep only 2 or 3 with the console division being one of them.
     
  15. Bladexdsl

    Bladexdsl ZOMG my posts...it's over 9000!!!

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    i thought panasonic were doing good with their new viera plasmas with KUDO tech their definately the BEST plasma out there.
     
  16. Ultymoo

    Ultymoo GBAtemp Regular

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    I'm not surprised that Sharp is on that list for losses. Their TVs are utter crap... At the place I used to work, commercials would constantly be up to demo them, and on more than a few the Sharps would cut out on the picture.
     
  17. Hyro-Sama

    Hyro-Sama I'm from the fucking future.

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    Sharp TVs are shitty. I've always had problems with them.

    I'm wondering how Panasonic is failing. Their products are usually good for the most part.
     
  18. the_randomizer

    the_randomizer The Temp's official fox whisperer

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    Even crappier than Westinghouse or Coby? Never thought that would be possible.
     
  19. nando

    nando GBAtemp Addict

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    aw, i like panasonic. but they are a bit expensive

    sony can go and die.

    overall these companies are failing do to companies like LG and Vizio
     
  20. KingVamp

    KingVamp Great... AETHER!

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    Why do you gotta be so harsh? :lol:
     
  21. stanleyopar2000

    stanleyopar2000 The Official GBATEMP Thread Killer. No Mercy.

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    because *looks at bottom of signature*