Sony slumps to lowest point since 1980

2good2btrue2good2btrue Posts: 4,210
edited June 2012 in General Hoax Investigation
Sony shares tumbled below 1,000 yen for the first time since 1980 as the Tokyo stock market plunged early Monday following a dismal performance from Wall Street and amid global economic concerns.<br /><br />The entertainment and electronics giant dropped 2.3 percent to 990 yen shortly after the opening bell, before recovering to 1,001 yen as of 11:20 am (0220 GMT).<br /><br />Dealers said Sony last traded blow the psychologically important 1,000 yen level in August 1980 around a year after its landmark "Walkman" portable music player was released.<br /><br />Sony posted a record full-year loss of 456.66 billion yen ($5.8 billion) for the year to March 2012 as it struggles with losses in its television division.<br /><br />Japanese companies have blamed tough competition from rivals including South Korea's Samsung, falling prices, slow demand, the impact of severe flooding in Thailand last year, and the high yen for their travails.<br /><br />The stronger yen hits Japanese exporters by making their products more expensive overseas, while eroding the value of foreign-earned profits<br /><br />Sony slumps to lowest point since 1980<br /><br /> :multiplespotting: :multiplespotting: :Michael_Jackson_dancing_smile    Well I'm happy for Michaels sake at least.......and all those that have been boycotting SONY...

Comments

  • SEHFSEHF Posts: 954
    bahahah
  • SouzaSouza Posts: 9,400
    Isn't there this difference in Sony as TV making Sony and Sony Publishing? Maybe just me, but isn't that completely seperate? <br /><br />@SEHF B.O.O.B.S.

    "For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places."

  • Australian MJ BeLIEverAustralian MJ BeLIEver Posts: 2,349
    on 1338805495:
    <br />Isn't there this difference in Sony as TV making Sony and Sony Publishing? Maybe just me, but isn't that completely seperate? <br /><br />@SEHF B.O.O.B.S.<br />
    <br /><br />and futher to that isnt sony pictures separate, yet again
  • wishingstarwishingstar Posts: 2,927
    Sony is a very diverse company with many divisions.  One of the biggest is Sony/ATV Music Publishing.  There are some really interesting things about how this division came to be.  Including a merger with non-other than Pye Records (are you here Front?  Is this the correct Pye?) <br />If you read through both Wiki's for Sony and Sony/ATV you get a really good idea of the money trail we have heard about.  It must have been amazing to be in on those negotiations.....just amazing.  There's too much information to just talk about or paste here.  So here are the Wiki's for both:<br /><br />http://en.wikipedia.org/wiki/Sony_Corporation<br /><br />http://en.wikipedia.org/wiki/Sony/ATV_Music_Publishing<br /><br />It's interesting to re-read as well some points about Sony Music Entertainment division:<br /><br />http://en.wikipedia.org/wiki/Sony_Music_Entertainment<br />*no mention of Tommy Mottola in the Wiki...odd.<br /><br />http://en.wikipedia.org/wiki/Tommy_Mottola<br /><br />There are some really long, complicated money trails with Sony.  I am sure there's so much I am failing to understand.  I guess I'll put on my original, classic Walkman and just chill......drat, I don't have any cassette tapes anymore, lol. <br /><br />Blessings Always
  • Australian MJ BeLIEverAustralian MJ BeLIEver Posts: 2,349
    @ wishingstar.... remember the days when your worn out thriller / bad tape would chew from being sticky and overplayed and then it would all unravel in your walkman. and you'd be all stressed, carefully plucking out the tape so as not to rip it. but then you'd get to that point where you have no choice but to just yank out that last little bit that was stuck, only to rip it... and following that you'd go to your parents stationary drawer and get some cello / sticky tape to do a 'surgery' on your precious MJ tape and carefully stick it back together.... ah those were the days...<br /><br /><br />followed by, every time you play that tape, a short piece is the song was missing...<br /><br /><br />gotta love technology!
  • wishingstarwishingstar Posts: 2,927
    @AustralianMJBeLIEver...............<br /><br /> :thjajaja121:<br /><br />You're so funny!  Yes, the good ol'days of repair to the tape.  I had the worst luck with the darn thing twisting inside the reel........<br />God must have been laughing at me, I'd get so frustrated.  I probably bought Thriller five times.<br /><br />images?q=tbn:ANd9GcS-ljufBXsrK9V8TCnf-RTUjTQuuVIQrfUWJYVxkWHxqj5aoq1F<br /><br />Gotta love it...........<br /><br />Blessings!
  • paula-cpaula-c Posts: 7,221
    I assume that all of this is the product of what is happening with the global economy.
  • VeryLittleSusieVeryLittleSusie Posts: 1,483
    I remember those old  casette days! I stil have about 200 casettes with which I dunno what to do with...  :icon_eek:<br />I'm so happy about the digital forms of recording music  :icon_mrgreen:<br />However my mp3 device is from SONY and is still called "walkman"  :icon_bounce:
  • SEHFSEHF Posts: 954
    on 1338805495:
    <br />Isn't there this difference in Sony as TV making Sony and Sony Publishing? Maybe just me, but isn't that completely seperate? <br /><br />@SEHF B.O.O.B.S.<br />
    <br /><br />I actually tried to explain that to someone on the forums a long long time ago but they kept telling me why I was wrong heh..<br /><br />ohh now it's b.o.o.b.s. - I'll have to figure out what that's short for.. :p
  • SouzaSouza Posts: 9,400
    on 1338844518:
    <br />
    on 1338805495:
    <br />Isn't there this difference in Sony as TV making Sony and Sony Publishing? Maybe just me, but isn't that completely seperate? <br /><br />@SEHF B.O.O.B.S.<br />
    <br /><br />I actually tried to explain that to someone on the forums a long long time ago but they kept telling me why I was wrong heh..<br /><br />ohh now it's b.o.o.b.s. - I'll have to figure out what that's short for.. :p<br />
    <br /><br />You'll NEVER guess  :icon_geek:

    "For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places."

  • SEHFSEHF Posts: 954
    on 1338844580:
    <br />
    on 1338844518:
    <br />
    on 1338805495:
    <br />Isn't there this difference in Sony as TV making Sony and Sony Publishing? Maybe just me, but isn't that completely seperate? <br /><br />@SEHF B.O.O.B.S.<br />
    <br /><br />I actually tried to explain that to someone on the forums a long long time ago but they kept telling me why I was wrong heh..<br /><br />ohh now it's b.o.o.b.s. - I'll have to figure out what that's short for.. :p<br />
    <br /><br />You'll NEVER guess  :icon_geek:<br />
    <br /><br />That's alright you'll show me one day. <br /><br />
  • blankieblankie Posts: 2,350
    on 1338843545:
    <br />I remember those old  casette days! I stil have about 200 casettes with which I dunno what to do with...  :icon_eek:<br />I'm so happy about the digital forms of recording music  :icon_mrgreen:<br />However my mp3 device is from SONY and is still called "walkman"  :icon_bounce:<br />
    <br /><br /><br />The same  :icon_razz: :icon_razz:
  • SouzaSouza Posts: 9,400
    on 1338844700:
    <br />
    on 1338844580:
    <br />
    on 1338844518:
    <br />
    on 1338805495:
    <br />Isn't there this difference in Sony as TV making Sony and Sony Publishing? Maybe just me, but isn't that completely seperate? <br /><br />@SEHF B.O.O.B.S.<br />
    <br /><br />I actually tried to explain that to someone on the forums a long long time ago but they kept telling me why I was wrong heh..<br /><br />ohh now it's b.o.o.b.s. - I'll have to figure out what that's short for.. :p<br />
    <br /><br />You'll NEVER guess  :icon_geek:<br />
    <br /><br />That's alright you'll show me one day.<br />
    <br /><br />Wow, well at least there is nothing wrong with your self-confidence! Hahahaha. You'd wish. :icon_e_wink:

    "For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places."

  • marumjjmarumjj Posts: 1,027
    I have little knowledge of the divisions of Sony, only the memory of MJ and his speech about it. Damn crinkled tapes and had to stretch and iron  :LolLolLolLol:<br /><br />
    <br /><br />
  • Australian MJ BeLIEverAustralian MJ BeLIEver Posts: 2,349
    hey Sehf....<br /><br /><br />get a calculator and type in 58008 .... then turn it upside down... (an ol' gag from my elementary / primary school days)<br /><br /><br />lol, i am so immature sometimes.... <br /><br /> :thjajaja121:
  • SEHFSEHF Posts: 954
    on 1338854300:
    <br />hey Sehf....<br /><br /><br />get a calculator and type in 58008 .... then turn it upside down... (an ol' gag from my elementary / primary school days)<br /><br /><br />lol, i am so immature sometimes.... <br /><br /> :thjajaja121:<br />
    <br /><br />Nice.. at least the calculator isn't a tease! ahem (right a-woooh-gah)
  • SouzaSouza Posts: 9,400
    on 1338854508:
    <br />(right a-woooh-gah)<br />
    <br /><br />lol, Sjaak

    "For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places."

  • Australian MJ BeLIEverAustralian MJ BeLIEver Posts: 2,349
    sorry folks. couldn't resist...<br /><br /><br /><br />
Sign In or Register to comment.

© 2024 Michael Jackson Death Hoax Investigators | All Rights Reserved