Sony’s Sales Still Suck
For the seventh quarter in a row, Sony lost money. Never in the history of the company has its outlook been so bleak. In the company’s latest quarterly report, losses amounted to $194 million — that was a few million dollars less than the last quarter — but it’s a loss. It’s in the midst of cutting 10,000 jobs and refocusing the brand on mobile products, but without an iPhone-like or Playstation-3’ish success, we may see the demise of the company.
So far this year, not only have the sales losses mounted, but Sony’s stock has shrunk nearly 35 percent. So, what’s next? Well, don’t discount the possibility of a merger with either Panasonic or Sharp. Oops, maybe I wasn’t supposed to leak that…
More Stories Like This
Sony Launches Non-Glare 98” BRAVIA Monitor
Sony Electronics now has a new 98-inchversion of its BRAVIA pro line dubbed the BZ53L aimed at corporate, education, and retail applications, the display incorporates Sony’s innovative Deep Black Non-Glare Coating technology as well as additional features. Sony says the 98-inch model complements the company’s existing Deep Black Non-Glare options which include 55-inch, 65-inch, 75-inch, […]
Waves Audio Cloud MX Now Connects to Sony M2L-X Live Production Switcher
A new collaboration between Sony and Waves Audio now allows Waves Audio’s Cloud MX Audio Mixer to be compatible with Sony’s M2L-X live production switcher for software-based live production workflows. Sony says its M2L-X provides more flexibility and capability for customers’ production workflow, due to its forthcoming utilization of a Commercial Off-The-Shelf (COTS) and Virtual Private […]
Sony Details How to Remotely Control Any Feature in Its Cameras For Production
Sony released its Camera Remote Command set, a full list of commands enabling developers to remote control any of 29 Sony cameras. A first of its kind according to the company, the “Camera Remote Command” removes restrictions to third-party software development to remotely control aspects of shooting, monitoring and file transfer in Sony cameras. Additionally, […]