
I'm sorry, but..
..as much as I feel terrible for Sony employees who will bear the brunt of this on a personal level, it couldn't happen to a nicer company. Put that in your pipe and smoke it, you rootkit-installing bastards!
Sony has warned it will report its first operating loss in 14 years, as sliding demand for its products, plunging LCD television prices, and a stronger ¥ force the consumer giant to make drastic cost-cutting measures. Thursday, the company announced a major reversal of fortune from an earlier forecast for its fiscal year, …
It was neither unique nor really very visible. Joe public doesn't know about it and probably wouldn't understand if he did.
Me, I love Sony kit, though I think their software sucks and I try not to get involved with their music biz. They're one of the few PC makers that actually make pretty laptops, though they are pricy.
<quote> operating loss of ¥260bn ($2.92bn, £2.11bn)
October forecast of a ¥200bn ($2.24bn, £1.62bn)
Net income is expected to be a loss of ¥150bn ($1.69bn, £1.22) for the year </quote>
So does that mean that the £ (sterling) recovered while this article was being written?
Mines the one with the sixpences in the pocket
I think Sony's problem is illustrated by their latest portable. Take the cheap netbook format and then produce something costing three times as much.
I used to buy Sony products but stopped when their obcession with propriety formats started. They know where they can stuff their memory sticks.
Sony: They've not done anything wrong towards me, and make great pieces of kit. Yes expensive, but still great. I wonder what other organsiations have the same R&D going on for all their depts. I think I can count them on one finger..
Mine's the one with the "SCE" logo on the back, with the PSP in the breast pocket, a 1980s walkman in the inside pocket, and a Sonycam in the the left outter pocket. Oh, there might be a copy of the Sony Magazine in the right outter pocket..
Sony haven't been fairing to well, I'd say, for at least a couple of years. They do produce good kit in some areas but fail in others and when it is good it's usually a tad too expensive.
It probably doesn't help that all the other departments are keeping the PS3 business alive, I presume they are still selling each unit at a loss.