Friday May 25, 2012

Sony headed for fourth straight year in the red

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  • -4

    mr_jgb

    Even The Japanese icon cannot withstand the sustained strong Yen. Sony should ask BOJ, why is BOJ not printing and supplying more Yen to the market?

  • -1

    globalwatcher

    Strong yen has nothing to do with their failure.

    They have been a lost child in global economy without innovations satisfying customer's needs. They are not focusing on core business that made them once very successful. Their old business trick salvaging and reviving expired patens, and then to come up with new products such as a "Walkman" no longer works in global market.

    Sony has to come up with their own innovations to be competitive in global market place. No more salvaging and reviving old expired patents. That simple.

  • 2

    naruhodo1

    Mr jgb. Has nothing to do with yen. In the red for the past 4 years! This yen issue is recent.

  • 0

    Weasel

    Whew! It's good to know that being in the red for four years, and losing money on its television product line wasn't a result of poor management decisions.

  • 2

    アメリ フセイン

    Does Apple Inc need to be jammed into every article. If Sony thinks its competitions is Apple they have already lost, just like when Apple thought IBM was its competition. Sony's competition is Samsung, Samsung is the company that is running away with all the money. Samsung and Sony have near identical product lines and Sony should focus on better competing with them. When Apple makes semiconductors, memory, TVs, feature phones, digital cameras, batteries and home appliances then maybe mentioning Apple would be relevant.

  • -1

    It"S ME

    Samsung makes most of their profits by supplying other makers with their products like TV-screens, etc. Most of the LCD, etc screens in Tv's, etc come from korea and that also includes american, etc brands.

    Sorry, but Apple is simply an assembler they don't make the components themselves.

    As for being in the red, most companies been there, done that and got the T-shirt.

  • 1

    アメリ フセイン

    Samsung owns the supply-chain and that's what Sony should do. Samsung is both vertically and horizontally integrated. I don't know why anyone is bringing up Apple? It is like bringing Microsoft to the argument, irrelevant. Sony should focus on competing with Samsung.

  • 0

    naruhodo1

    I guess u havent read the article last week in regards to sony selling their stake in the lcd JOINT VENTURE with samsung. Its actually cheaper for sony to outsource.

  • -3

    herefornow

    I don't know why anyone is bringing up Apple?

    Ah, duh, maybe because Apple is like the world's second most valuable company based on market capitalization, and has gotten there by being innovative. Something Sony was once known for. Sony, like many major Japanese companies, is a victim of its own success, because it has now become so bureaucratic and compartmentalized that it cannot function in the fast-paced world of the 21st century. Expect at least another three years of red ink.

  • -2

    issa1

    I think now is the best way is follow the example of Apple and outsource their production,with valued yen is impossible to compete with Chinese and Korean products.

    Hitachi, Fujitsu, NEC has practically not manufactures consumer products - Most of the profits of these companies comes from the corporate market.

    will probably be the only way of the sony survive this unfair competition.

  • 0

    Brad Moreiko

    Hitachi is major in the white goods industry. Fujistu and NEC still make personal computers.

  • 1

    sunhawk

    Sony sucks

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