That poor company just can't catcha break. First the exploding battery recall, then all the bad press about the PS3 [a few negative words have even come from us] and now the DOJ is on their ass.
Damn Sony, sucks to be you right now.
Allow me to explain. See, the DOJ is doing an industry-wide investigation into sales of SRAM memory chips, which includes Sony's chips. See Sony claimed that they sold $27.7 million dollars worth of the ram chips, but didna say who made the chips for them, or who they sold them to. I assume [since I don't know much about big ass business] that there are a lot of things that companies don't disclose, so the news in and of itself is not a huge deal. But here's the thing: Sony's already had some problems with financials this year. All those batteries being recalled, the PS3 blue-ray laser issues, the inability to produce all the boxes originally promised for launch, the failure of the Connect music service... Sony can't really afford any more failures that result in them having to hemorrhage more money.
You can debate me if you like, but posting a $366 million dollar operating loss for the July-September quarter in the division you pin all your hopes on to bring in close to the lion share of profits for the company as a whole, being on the "tightrope of failing hope" is NOT where you want to be. Now, as I stated before, Sony is not the only company under investigation, and there may be absolutely nothing amiss with their ram production and sales, but in the precarious situation Sony's in right now, I'm sure they weren't too pleased to find out that the DOJ wanted to take a look through their books so-to-speak.
It does however, make the Do The Math article we wrote look a little less like speculation, and more like premonition. ;)
What do you guys think?
Damn Sony, sucks to be you right now.
Allow me to explain. See, the DOJ is doing an industry-wide investigation into sales of SRAM memory chips, which includes Sony's chips. See Sony claimed that they sold $27.7 million dollars worth of the ram chips, but didna say who made the chips for them, or who they sold them to. I assume [since I don't know much about big ass business] that there are a lot of things that companies don't disclose, so the news in and of itself is not a huge deal. But here's the thing: Sony's already had some problems with financials this year. All those batteries being recalled, the PS3 blue-ray laser issues, the inability to produce all the boxes originally promised for launch, the failure of the Connect music service... Sony can't really afford any more failures that result in them having to hemorrhage more money.You can debate me if you like, but posting a $366 million dollar operating loss for the July-September quarter in the division you pin all your hopes on to bring in close to the lion share of profits for the company as a whole, being on the "tightrope of failing hope" is NOT where you want to be. Now, as I stated before, Sony is not the only company under investigation, and there may be absolutely nothing amiss with their ram production and sales, but in the precarious situation Sony's in right now, I'm sure they weren't too pleased to find out that the DOJ wanted to take a look through their books so-to-speak.
It does however, make the Do The Math article we wrote look a little less like speculation, and more like premonition. ;)
What do you guys think?
Labels: Ninjasistah, PlayStation, PS3, Sony
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