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Sony Corporation Message Board

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  • ksdk007 ksdk007 Jan 18, 2013 2:31 PM Flag

    Something stinks in Sonyland

    No, Sony has been loosing money, not making money. Sony has more debt then they do cash. Please do not take me wrong, I am not bashing the company, Sony can not compete in today's world. 15 billion in cash is nothing when you keep loosing 2 to 6 billion per year. It is called Liquidating. They must continue to do so and hope for some kind of breakthrough. Yes, the stock price may go up for a bit, but you can only survive so long if you keep loosing the kind of money that Sony is loosing. Sony can only liquidate so much.

    Sentiment: Strong Sell

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