Posted by Mr. X on 01/15/38 11:44

<JLee@blueboard.com> wrote in message
news:1144347327.237467.70840@i39g2000cwa.googlegroups.com...
> Consider this bottom line:
>
> Net Income - millions of yen Quarterly (Dec '05) Annual (2005)
>
> Sony
> Net Income 168,944.00 163,838.00
>
> Toshiba
> Net Income 21,853.00 46,041.00
>
> Sony is pulling in hell more profits than Toshiba.

Actually, no. Read their own numbers. Sony's biggest source of income is
now coming from tax credits and the sale of stock and bonds. Their actual
operating income is less than half that of Toshiba. This was not the case 3
years ago, but starting 2 years ago you see their actual operating profits
start to slip and they start replaceing it with stock sales. This is one of
the dangers of having alot of debt. When your market slows down even a bit,
you still have to make your payments. And interest rates are generally
headed up, which will make things even tougher for them.

This is how many .com companies operated, selling stock to pay for day to
day operations. Do I think they are going out of business tomarrow? No, of
course not. My point is that they don't have the bottomless pockets they
did in the 90s to muscle the market. I mean, look what GM did to
themselves. They sold at a loss to gain marketshare, but as soon as they
stopped, people switched right back to other brands and GM was left with
even bigger debt load than before.

http://finance.google.com/finance?fstype=ci&cid=33095
http://finance.google.com/finance?fstype=ci&cid=665736



> NOW, keep in mind that it's not just sony here...you've got Samsung,
> Panasonic and other big players in the Blu-ray camp.
>
> You wanna call up their numbers?

Check the press releases. Several Blu-Ray partners have delayed their ship
dates to make dual format players.


X

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