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Apr 11, 2012 20:30
Sony announced their financial result of las fiscal year that ended last March will be the red ink for 4 years in a row.
Their main business, television products has been in the red ink for 8 years in a raw.
The accumulated red deficit is about one thousand billion dollar.
They have not been able to catch up the changing speed of digital electronic devices.
The speed was beyond their imagination.
The devices that they once innovated like digital camera, video camera, car navigation and television are installed in a smart phone now.
Sony can’t win a battle with the smart phone companies with the high quality of each device.
I look forward to their revival as a fan of their product.