Sony logs record profits, warns of headwinds to come

Sony must not forget the goose that lays the eggs, ie electronics, if it

wasn't for PS, PS3, PS4 there'd be no network. Similarly music players precedes music network. If Sony let someone else dominate the device market, they will steer consumtion to their own networks.

Sony leaving some mobile market is a very bad move, 5G is the next PSN.

Next Sony Play Station 5 should use "Cell CPU" that used in PS3.

@Chop Chop - Next Sony Play Station 5 should use "Cell CPU" that used in PS3.

I think Sony learnt a very hard lesson last time round with compatibility and legacy libraries. I don't know if switching CPU platform is a choice Sony can afford. They are already predicting profit shrinkage for the coming reporting period. I do concur though, with Google joining the gaming club, Sony need to have an edge over competitors. Perhaps a new GPU architecture?

Also, Daniel Loeb is like the eye of Sauron ever gazing at all Sony movements. The next Chairman of Sony will have his work cutout for him.

Another day, another headline about another Japanese company making record profits, with said company investing some of those profits overseas. Meanwhile, salaries in Japan remain stagnant for 30 years.

The new Sony CEO said this just last year:

"New Sony CEO to Detail Shift Away From Gadgets in Mid-Term Plan"

https://www.bloomberg.com/news/articles/2018-05-20/new-sony-ceo-to-detail-shift-away-from-gadgets-in-mid-term-plan

Sony Corp. is done working for peanuts in the hardware business.

Kenichiro Yoshida, who took over as chief executive officer in April, is set to unveil a three-year plan on Tuesday that embraces Sony’s growing reliance on income from gaming subscriptions and entertainment. The transition is already happening: even though the company sold fewer hardware products such as televisions, digital cameras, smartphones and PlayStation consoles in the year through March, it was able to post record operating profit.

It’s a tectonic shift for a company built on manufacturing prowess. Sony popularized transistor radios, gave the world portable music with the Walkman and its TVs were considered top-of-the-line for decades. With the rise of Chinese manufacturing, making and selling gadgets has become a business with razor-thin profit margins. Investors have applauded the transformation that’s been under way since Kazuo Hirai took over as CEO in 2012, with the shares climbing more than five-fold amid a turnaround.