This is where I am going to write about myself as a DJ profile.
Is Sony a takeover target?
October 24th, 2008 by jp received No Comments »Sony is getting absolutely hammered on the Tokyo Stock Exchange today… It has lost 14% of its value, and that puts the market cap at something like 20 billion USD (at the hasn’t-been-see-in-13-years-thank-god-I’m-paid-in-yen-rate of 95 yen to the dollar).
20 Billion.
Apple, Nintendo, Microsoft all carry nearly all of that sum or more in cash reserves. If the downturn continues, is it not unreasonable to think that Sony could become a takeover target for a large multinational.
Could a GE or a Vivendi try to snipe off the entertainment business?
Could Apple take a shot at the pc/consumer electronics?
Could Nintendo or MS try to take a step towards the “one-console-future”?
I don’t think it is likely, but it is interesting to think out loud about.
Posted under: Life
