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Sony may be a bit battered and bruised as of late, but the company's financial situation could certainly be a whole lot worse, as BBC News reports that Sony's stock reached a five-year high today, after Japanese newspaper Nikkei business daily published a report that Sony profits could increase 'sixfold' during 2007. Buy, buy, buy!

The report does note the launch of the PS3 will put a large hole in Sony's finances, but strong sales of LCD televisions in the US and Europe have been encouraging.

source

*Perhaps this info will make it easier for Sony to lower the price of the PS3 this year.

Lol where'd they pull that from.

Hazardous laptop batteries, exploding bravias, bluray shortage, PS3's general failure unfulfiled potential, PS3's minimum $200 loss on each console...

but i guess time will tell on this one

me thinks the investors are a bit daft

I agree with you Dr4k, Sony's had some rather rough times this past year, but here's something I'd like everyone to see.

Annual Sales for Sony (worldwide)
$64 billion (Fiscal Year ended March 31, 2006)

Realizing that this is for Sony worldwide, and they are a huge company, they can stand to loose cash, just like Microsoft is so large and isn't just into video game consoles it could stand to loose money off of the Xbox 360.

With all of the things D4rk mentioned it's amazing how much faith these investors have. Sony should thank their lucky stars for such support. With that being said I might be getting a Sonly HD T.V. near the end of the year.