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McG · 01-29-2014, 08:32 AM

Didn't see this posted;

http://www.nytimes.com/2014/01/28/bu...=business&_r=0

Moody’s said Monday that it had downgraded its credit rating on Sony to junk status, citing the deepening woes of the company’s consumer electronics business.

Sony could refocus on profitable divisions and reinvest in the playstation brand, they could sell off the playstation brand (extremely unlikely imo), or they could suck the cash out of the playstation brand to help turnaround other parts of the business.

i think that this gives sony added incentive to be successful with the ps brand; m$ should beware the wounded and angry animal!

01-29-2014, 08:32 AM	#2001
McG Franchise Player Join Date: Apr 2004 Location: Elbows Up!! Exp:	Didn't see this posted; http://www.nytimes.com/2014/01/28/bu...=business&_r=0 Moody’s said Monday that it had downgraded its credit rating on Sony to junk status, citing the deepening woes of the company’s consumer electronics business. Sony could refocus on profitable divisions and reinvest in the playstation brand, they could sell off the playstation brand (extremely unlikely imo), or they could suck the cash out of the playstation brand to help turnaround other parts of the business. i think that this gives sony added incentive to be successful with the ps brand; m$ should beware the wounded and angry animal! __________________ Franchise > Team > Player Future historians will celebrate June 24, 2024 as the date when the timeline corrected itself.