Forum Navigation
Welcome to Kikizo's Forum Archives. Login and user functionality is no longer available -- this is now a permanent archive of forum content.

Prev Thread Prev Thread   Next Thread Next Thread
 Merrill Lynch estimates massive losses for the next 5 years for sonys ps3
Author Message
Terrak

  • Total Posts : 783
  • Joined: Jun 07, 2006
Merrill Lynch estimates massive losses for the next 5 years for sonys ps3 - Nov 15, 2006 08:48
On the heels of more bad news (rumours of only 200,000 for US launch) those analysts at Merrill Lynch, who so kindly estiamted the cost of production for ps3 has even more doom and gloom to bestow on sony -

http://ce.seekingalpha.com/article/20369


FISCO news service of Japan reported on the ML analyst report. Details of the downward revised financials were not provided.

Target share price revision: ¥4,700 --> ¥4,000 ($40.05 --> $34.09 at ¥117.35/US$1)

Total PS3 operating loss expected over 5 years: ¥738.9 billion ($6.3 billion at ¥117.35/US$1)


CAn anyone find some good news (its just becoming sad now) for sony, i mean come on! Anyone? Oh well.


Jump to:

Icon Legend and Permission
  • New Messages
  • No New Messages
  • Hot Topic w/ New Messages
  • Hot Topic w/o New Messages
  • Locked w/ New Messages
  • Locked w/o New Messages
  • Read Message
  • Post New Thread
  • Reply to message
  • Post New Poll
  • Submit Vote
  • Post reward post
  • Delete my own posts
  • Delete my own threads
  • Rate post