Here are some quotes from the cnet news...
"Sony is in deep trouble. The company has been forced to slash its earnings forecast by 57 percent amid deteriorating economic conditions and its inability to compete more effectively in markets throughout the world."
"Sony's presence in the digital-camera sector is suspect, and its gaming business, once one of the most profitable departments at the company, has become an embarrassment of epic proportions. Although its PlayStation Portable is expected to beat forecasts, the Playstation 3 has proven to be one of the biggest blunders the company has ever committed."
"There's absolutely no reason why Sony LCD HDTVs are priced as high as they are. Why should I pay a few hundred dollars more for a 46-inch LCD from Sony when I can get an even better HDTV from a company like Samsung or Panasonic for the same price, or even cheaper? I'm not willing to pay for the Sony name, and as Vizio and Westinghouse have shown, most customers aren't willing to do so, either."
"At a time when Sony couldn't afford to make the wrong move in the game industry, it did. As Nintendo found a way to solidify itself in the market by offering innovative gameplay and an affordable price, Sony stuck to old conventions and played the "better graphics, higher price" game instead. Microsoft did too, but the Xbox 360's price tag and online experience were able to coax prospective owners to its side."
For the full articles see source
Why Sony needs to stop drinking its own Kool-Aid, Must read!!!
Oct 25 2008, 10:48 AM, updated 18y ago
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