In Reply to: I'll pass on Sony shares, thanks. posted by TK421 on December 31, 2007 at 12:49:43:
so they can afford to lose money in introducing PS3.
This is normal practice in Japan, when a big company introduce a new product.
They sell below production cost to expand the market quickly.
They learned this from the famous american inventor Edison. He sold light bulbs with a loss for the first 5 years, and turned a big profit in year 6, which paid everything.
So when PS3 turn into profit, the shares will go up a lot.
In its best years the PS2 gave 50% of SONY black line.
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Follow Ups
- SONY is also in black - Ole Lund Christensen 00:36:00 01/01/08 (19)
- RE: SONY is also in black - Jack G 07:29:39 01/01/08 (18)
- You should check the new numbers - Ole Lund Christensen 12:08:55 01/01/08 (17)
- BTW, Do you actually read posts before responding to them? - Jack G 07:59:41 01/04/08 (0)
- Do you have them? - Jack G 15:09:54 01/01/08 (15)
- RE: Do you have them? - Ole Lund Christensen 10:29:46 01/03/08 (14)
- RE: Do you have them? - Jack G 13:47:58 01/03/08 (2)
- RE: Do you have them? - Ole Lund Christensen 10:32:36 01/04/08 (1)
- RE: Do you have them? - Jack G 11:34:55 01/04/08 (0)
- "When you make enough and reduce the parts inside, the costs goes down. " - racerguy 10:47:56 01/03/08 (10)
- RE: "When you make enough and reduce the parts inside, the costs goes down. " - Ole Lund Christensen 10:37:26 01/04/08 (9)
- RE: "When you make enough and reduce the parts inside, the costs goes down. " - racerguy 11:29:15 01/04/08 (8)
- Check again. - Ole Lund Christensen 15:13:15 01/04/08 (7)
- Give it up - you can't win this one - racerguy 19:20:20 01/04/08 (6)
- RE: Give it up - you can't win this one - Ole Lund Christensen 04:03:40 01/05/08 (5)
- RE: Give it up - you can't win this one - racerguy 07:49:33 01/05/08 (4)
- RE: Give it up - you can't win this one - Ole Lund Christensen 11:41:16 01/05/08 (3)
- You are determined to continue being wrong - racerguy 12:40:15 01/05/08 (2)
- Your arrogance seems superior to mine :-) - Ole Lund Christensen 14:03:23 01/05/08 (1)
- That's funny, coming from you! (nt) - racerguy 14:08:38 01/05/08 (0)