x PhoneArena is looking for new authors! To view all available positions, click here.
  • Options
    Close




Sony will sell New York headquarters for $1.1 billion

0. phoneArena 18 Jan 2013, 07:46 posted on

After Nokia first sold its headquarters in Finland, now it’s Sony’s turn to start selling out core assets for cash…

This is a discussion for a news. To read the whole news, click here

posted on 18 Jan 2013, 07:51 5

1. papss (unregistered)


Hmmm... It's a tough market right now.

posted on 18 Jan 2013, 22:40

18. Nadr1212 (Posts: 741; Member since: 22 Sep 2012)


PA shouldn't complain for Sony cuz they r about to make a come-back with their Sony Xperia Z and (possibly) ZL

posted on 18 Jan 2013, 07:52 18

2. anupam.chopra (Posts: 17; Member since: 04 Dec 2012)


Buy it For 236 million sell it for 1.1 Billion. 550% return in 10 years. Not bad ..... :-)

posted on 18 Jan 2013, 08:22 9

5. flower99 (banned) (Posts: 54; Member since: 18 Nov 2012)


dont say out loud, at&t will cry lol

posted on 18 Jan 2013, 09:11

8. android_hitman (Posts: 591; Member since: 07 Jul 2010)


not bad dude... but it's stupid to sell such a nice asset...

posted on 18 Jan 2013, 09:43 3

9. Kreft (Posts: 82; Member since: 27 Dec 2012)


Except inflation.

posted on 18 Jan 2013, 10:04

11. the_best (Posts: 132; Member since: 14 Oct 2012)


not entirerly true, the usd lost nearly half its value in that time.. but its still a nice profit =)

posted on 18 Jan 2013, 07:53 8

3. jsdechavez (Posts: 701; Member since: 20 Jul 2012)


That's a big profit.. 200 mil to 1B!

posted on 18 Jan 2013, 08:10 9

4. loken (Posts: 462; Member since: 09 May 2012)


smart sony smart!

posted on 18 Jan 2013, 08:57

6. BLikens1619 (Posts: 53; Member since: 12 Apr 2008)


So does this mean that the Sony Store at 550 Madison Avenue will close as well?

posted on 18 Jan 2013, 15:14

15. darac (Posts: 2156; Member since: 17 Oct 2011)


Nothing will get closed, Sony will stay there and continue using it on a lease

posted on 18 Jan 2013, 09:05 2

7. RaKithAPeiRiZ (Posts: 1309; Member since: 29 Dec 2011)


if i had money ...ill just buy that Building for no apparent reason

posted on 18 Jan 2013, 09:53 3

10. oister85 (Posts: 394; Member since: 27 Apr 2012)


How bad is sony struggling right now.
I hope the z help them
Also the nokia with the lumia 920

posted on 18 Jan 2013, 10:18 1

12. Tsepz_GP (Posts: 789; Member since: 12 Apr 2012)


Poor Sony, it's a mere shadow of its former self, they need to focus on at least getting back in the black financially. How the mighty have fallen.

posted on 18 Jan 2013, 11:57 4

13. r41nier (Posts: 63; Member since: 13 Oct 2011)


Sony changed strategy 9 months ago with the new CEO. We will see it's effect on the future of Sony. I'm sure Xperia Z will help them rise again.

posted on 18 Jan 2013, 13:56 1

14. techloverNYC (Posts: 386; Member since: 20 Nov 2012)


Its not like sony actually lose money in this deal

posted on 18 Jan 2013, 20:38

17. oister85 (Posts: 394; Member since: 27 Apr 2012)


yeah but that means they struggling internelly with money

posted on 18 Jan 2013, 17:02 1

16. MrJerry (Posts: 391; Member since: 05 Oct 2012)


Plz rise up sony

I just dont want sammy to dominate whole market
I want competition
It is good for everyone except for lazy-lame company

posted on 19 Jan 2013, 03:19

19. belovedson (Posts: 832; Member since: 30 Nov 2010)


sony has been hurting for awhile

no one really gives a crap about their televisions, laptops, or computers

apart from the z for (att)? and the playstation series. they are only eeking it out right now

posted on 19 Jan 2013, 12:27

20. jackhammeR (Posts: 1548; Member since: 17 Oct 2011)


...and they were laughing at Nokia...

Want to comment? Please login or register.

Latest stories