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Sony Corporation Message Board

  • zaoranger Oct 24, 2013 10:16 PM Flag

    Sony to soar next week after earnings announcement?

    Similar to what happened with Microsoft and Amazon's earnings announcement - there wasn't much reported (Amazon had a negative EPS of -$0.09 per share), but the stock will soared higher because of stronger revenues.

    I think with Sony, although they might have a hit in terms of manufacturing costs for the PS4, they will have generated higher sales volumes in their Mobile (which is a huge plus). On top, their Gaming section will probably talk about how the PS4 is sold out, and they are trying to make more to meet the demand - another huge plus.

    The only negative I see is their Sony Entertainment Section and Computer section - not sure if there are much updates on those fronts. Hopefully it won't be as bad? Any thoughts?

    Disclosure: I'm a Sony shareholder, and I am holding long this stock until at least after Christmas earnings get reported.

    Sentiment: Strong Buy

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