500°

Japanese Govt: Sony ‘Doesn’t Belong’ in Nikkei Index 400

SonyRumors: Japanese government-backed stocks are expected to drop Sony from its coveted list of the top 400 well-performing corporations in the Nikkei index 400.

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sonyrumors.net
shinrock3547d ago (Edited 3547d ago )

SPIN THIS ARTICLE TO HELL! Starts eating popcorn.

dcbronco3547d ago

I'm still not sure Sony fanboys will get it. They will still believe the success of the PS4 can guarantee Sony won't go bankrupt. Maybe there are a few realist among them, but they will find a way to even spin this. Don't get me wrong, I don't think Sony is going to go bankrupt. I just have enough sense(understanding) to know that they still could. Rest assured fanboys, PlayStation will survive. Whether it becomes all of Sony may be the real question.

rambi803547d ago

They won't go bankrupt. They'll just end up being mostly an insurance company with some entertainment holdings (Movies music gaming).

The consumer electronics divisions will soon be history or be farmed out to other ventures.....Something many have clamored for for a while now. Japanese companies dont take closing divisions and firing people lightly, so it took a while .

Wikkid6663547d ago

They could very easily go bankrupt. Bankruptcy is a real part of most companies reorganizing.

windblowsagain3547d ago

They need to either dump the TV market or stop making too many versions at a high price point.

Make a proper gamers TV at a decent price.

You only need 3 types of tv in the market. It's overloaded.

Sony pictures is fine.

Playstation is fine.

I think they will start to recover very slowly.

SaffronCurse3547d ago

Their mobile phones are fantastic.

dcbronco3547d ago

Their phones may be terrific. But no one is buying them. Sony Pictures is up and down. Financials are not great. PlayStation is pretty much the only consistent winner for them right now. Movies and music could be dead for them in a couple of months and they would be left with just gaming. Sony as a brand isn't what it used to be.

80°

How to preorder Sony's PSVR 2 before scalpers get them all

Sony's preorder routine is slightly different this time around.

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knowtechie.com
80°

CES 2023 cars recap: BMW i Vision, Afeela, Ram 1500 Revolution and more

With BMW, Sony Honda and Ram revealing EV plans, cars dominated CES 2023

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theshortcut.com
60°

Sony has sold out around 25 million PlayStation 5 consoles

According to a recent statement by Sony, it has sold out around 25 million PlayStation 5 consoles.

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cruzingspeed.com