Discussion Starter · #1 ·
http://www.edge-online.com/news/ps4-wont-solve-sonys-wider-problem-say-analysts/The city remains largely unimpressed by Sony's prospects as an investment after this week's PS4 announcements.
Seeking Alpha advised its readers against buying Sony shares, saying: "What investors really need to consider is what they are getting when they purchase a share of Sony. A very poor balance sheet, and a chain of losses reveal that not even the PS4 can stop Sony's slow decline."
"Even though the PS4 could be a huge hit for Sony, the company's poor financials and large exposure to interest rates should deter investors away. There is also much more information the company plans to unveil on the PS4, and investors should also wait until they hear about the new Xbox."