They've really nailed that sense of size and scale!
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Don't like the name but stranger names - like Kinect and Wii - have succeeded. It fits in with Sony's other products like Vaio and Vivaz.
"The company also announced it had renewed a contract with Rockstar Games"
Not sure what they're talking about here - R* are T2 subsidiaries.
Actually the T2 website says:
"the Company announced that it has extended its long-term employment agreements with key members of the creative team of Rockstar Games, its wholly-owned publishing label"
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A game's rating doesnt determine status; it's to do with budget and development time. When a game is given a big budget it's a AAA rated game regardless of what scores it gets when released; this is why some games are termed "flops" or simply not meeting the hype.
The same applies to movies (Sahara and Waterworld anyone?)
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Since when do ratings have anything to do with AAA status? It's about budget and development time. Some AAA games just don't meet the hype that you would expect with a big budget but that doesn't change their status. Same goes for movies (Sahara anyone?).
Most places dont sell at the rrp. The price will be £40 in most places but the supermarkets might go £25 for a few days like mw2.
My PS3 just YLOD'd after 3 years; I dont know what caused it but I'm looking at 3.61!
Just my luck - wait three weeks for PSN and then i cant play it. JUST F'N GREAT!!!
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I'm not suggesting that an A- is junk; what I'm saying is that compared to their peers Sony are riskier due to their debts which is why they have that low valuation.
Too many people are focussing on revenue and assets but market cap, equity and profits are far more crucial when taking over a company. For example a company with turnover of $100bn+ can make a loss (see BP) and a company with $500bn in assets can have negative equity ( like Lehman).
Al...
Market cap =/= equity; the former is the value the market thinks the company is worth; the latter is what the company is worth on paper after liabilities are deducted from assets.
Sony market cap (on right hand side)[this is LSE but they're not actually listed on this xchange]
http://www.londonstockexcha...
Sony BS:
http://uk.finance.yahoo.com...
Apple market cap (on $ bu...
Ha Ha Ha!
Who on Earth buys a company based on assets?! The most important thing is market cap which for Sony is ~$35bn. Next thing people will look at is equity which is Assets less Liabilities (which you seem to have conveniently ignored) and on Sony's most recent balance sheet this is $31.7bn.
You're right, their assets are $137bn but if their equity is $31bn then what do you think their liabilities are (simple maths)? Fact is Sony ahve a lot of d...
Apple has a market cap of £200bn; Sony is only worth about £20bn. It's possible that Apple could by them even at a premium. But I seriously doubt the Japanese govt would let their flagship company fall into the hands of an American company (or any other foreign company for that matter).
Not necessarily; lots of games are numbered as sequels but are actually a prequel, like MGS3. A prequel makes sense since it allows them to drag on the "Modern Warfare" franchise for a few more years.
People still talking about this - even the dogs have forgotten about it.
I get to watch Utd batter City and an advert for what looks to be a great game; and then its Classico - perfect day!!!
He cant boycott all Sony products; Sony components are in lots of different types of electronic devices even if they dont bear the Sony logo eg Blu ray.
Actually the majority of court cases are settled and dont go to trial; I was expecting a settlement at some point despite what Hotz said.
Also fellow Utd fan here!
There's a liquidated damages clause = Sony win.
Experience doesnt count for much in the world of tech; it's dominated the feelings of consumers at a point in time; look at Nokia - their days are numbered but 10 years ago they controlled the mobile market.
Likewise Sony and MS are considered "has beens" in corporate terms - both their share prices have been declining; when you think of tech now Google, Apple and Facebook spring to mind.