Sony is Likely to Go Bankrupt According to Macroaxis

Sony might be setting records left and right with its new PS4 console, but it’s facing big challenges that will require its tip-top performance during the elementary years of the new generation.

Macroaxis, a popular online tool used for investment purposes, says that there’s a probability of 78.49% that Sony will go bankrupt within the next 24 months. The site indicates that the Japanese company has a high chance of facing financial distress given the current outlook.

Sony has found itself in a huge hole during the past six years. Despite winning the Blu-ray war, its electronics division has been more of an expensive investment than a money maker. A huge sum of debt had been accumulated during the PS3’s most turbulent years, and its Bravia televisions haven’t been nearly as competitive as it would like.

Music and film are the two areas where Sony manages to find consistent success, not gaming. That said, how the PS4 and Vita fare during the next couple years will be incredibly important for the survival of one of the most prominent electronics companies of the 21st century.

As grim as all this sounds, Sony posted its first annual profit in five years at the end of the last fiscal year. Numbers have remained positive since the turn of the year after major changes were made in management.

In the event that Sony does declare bankruptcy, it’s difficult to tell what would happen to the gaming industry. Sony has been a key player for three full generations. Thankfully, the PS4 was designed carefully and purposefully. Its initial investment was a huge risk, but everything seen since launch indicates that it’ll be one of several keystone factors that can turn the tides for Sony.

[Via]

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