If one algorithm is to be believed, things are looking grim for Sony. The maker of the PlayStation 4, according to Macroaxis, has a 78 percent chance of going bankrupt in the next two years.
Here’s a quote from their bankruptcy probability tool for Sony Corporation.
Based on latest financial disclosure Sony Corporation has Probability Of Bankruptcy of 78%. This is 181.53% higher than that of Consumer Goods sector, and 168.71% higher than that of Electronic Equipment industry, The Probability Of Bankruptcy for all stocks is 121.29% lower than the firm.
NeoGAF user Contra11 pulled up Microsoft and Nintendo’s probability of bankruptcy for comparison. Microsoft has a 1 percent chance of going bankrupt in two years, while Nintendo sits at a 22 percent chance. Nintendo’s odds are particularly interesting given the community mentality that the company has had one foot in the grave for nearly 20 years now.
Gaming, though, is such a small slice of what Sony does as a business. They sell TVs, sound systems, portable music devices, computers, cameras and a whole lot more. Based on the performance of the PlayStation 2, PlayStation 3 and, at least initially, the PlayStation 4, Sony’s been doing well in gaming.
Everywhere else? Perhaps not as well as the company would like.
As one of the gaming writers for this site, my knowledge of Sony as a business is sort of limited to what they do in my field. As a consumer, my perception of Sony as a maker of products changed with the minidisc and the fall of the Walkman. Sony used to dominate portable music in a crazy big way. Walkman was synonymous with portable cassette players in the same way the iPod is with MP3 players. Everything, regardless of brand, was a Walkman.
Since the fall of the Walkman brand, in my book, Sony hasn’t been the same maker of electronics. Games? They are fantastic. Otherwise? There are so many other alternatives.
Macroaxis is little more than an algorithm-based prediction tool. They use stock numbers to predict the long term health of companies, something one would need future-telling powers to predict accurately.
Despite that, this does present an interesting look at the company. Is Sony in trouble or are these numbers off?
The Galaxy S20 Ultra's Space Zoom camera is amazing and a bit creepy
The Galaxy S20 Ultra supports up to 100X zoom, which Samsung calls Space Zoom, but is it any good? Can a phone really product usable photos at 100x zoom? We've got our Galaxy S20 Ultra already so join us to find out!
Win an iPhone, iPad and Apple Watch with the Reader's Choice giveaway!
What's the best phone of 2019? Is it the iPhone 11 Pro, Pixel 4 or OnePlus 7T? What about the best laptop, games console, tablet and more? Vote NOW in the Reader's Choice awards and win BIG in time for the holidays!
Here are the best products from IFA 2019!
Here are the products announced at IFA 2019 that were worthy of our Best of IFA 2019 awards. Also featuring MrMobile's single best product at the show!
These are the best Nintendo 3DS games you can buy right now
One of the best reasons to buy a Nintendo 3DS is its vast game library and here are some of the best 3DS games you can buy right now.