Please pay no attention to all the short sellers like hpu_1234 and jst6666 or FAFA. If they can't back up their messages with real data or links - it's not true. DLJ doesn't even cover SNE. And the profit down 12% is very VERY old news.
So be informed. Get the facts. And please don't believe anything these morons post here.
Happy new year to all SNE Longs (and to the Short sellers too - hope you have better luck next year)
but Sony doesn't, neither does Philips---both being prohibited by FCC rules, due to being foreign companies...so what? FAFA, I'm sorry Sony doesn't make lightbulbs, and I'm sorry Philips doesn't make Playstations. All of these companies are different animals, with different corporate strategies. It matters not who invented or patented what, though those are nice pluses.....it matter which company pleases the shareholders the most. By the way, Ampex invented the tape recorder--Philips took that technology and put it into the cassette which everyone else followed. Ampex invented the video tape recorder also, which Sony adapted for home use. All companies borrow other technologies from other companies...the inventors still get compansated due to the patent process, so why the big speel about Philips this and Sony that? Isn't there room for many great companies?
I'd watch CNBC but I (and millions of others) are too busy playing on our playstations. In the future I will be too busy surfing the net from playstation to watch CNBC. I feel bad for GE - maybe they should get into the game consol business where the real money will be made in the future.