Charles wrote:it's a damn sorry business when a 20% growth rate in your market isn't considered attractive enough to pursue]
Mulboyne wrote:If you've set yourself up to lose money on every unit you sell then I can see how a 20% growth rate would be daunting. Quite why they have no pricing power or economies of scale is another matter.
gboothe wrote:The other night, a good friend who is a fairly large ariransu with Sony told me, while profusely sobbing in his beer, that Sony was done in dastardly by the global battery recall. He claimed that they had made considerable efforts to determine what the battery problems were in the "isolated" cases where the malfunctions occurred, but were unable to obtain "cooperation", i.e. obtain many of the faulty units to determine the cause(s), or even if the batteries were Sony and not a substitute. Even the notorious publized case in Kansai, the remains of the computer were thrown away. So, essentially, with no way refute or correct what may have only been "a few" justifiablely bad products. The opposition teki-gaishas were putting on huge pressure in publizing these incidents as common place, so they were forced to recall everything and bite the bullet.
I assumed at the time that he was just spouting company line, but it did make for an interesting view point on what might have actually happened. Business can be risky I hear! hehe
Taro Toporific wrote:Sony PS3 outsold by Nintendo Wii in Japan
(Reuters via Yahoo! News, Jan 10)
Sony Corp. (6758.T) sold 466,716 PlayStation 3 game consoles in Japan by the end of last month, less than half of its shipment target and of sales of Nintendo Co.'s (7974.OS) rival Wii console, video game magazine publisher Enterbrain said on Tuesday...more...
IkemenTommy wrote:Actually, if you go to Akihabara or any electronics store for that matter, you won't find any Wii or Xbox360 because they are all sold out. However, they have a lot of PS3 available. So much for those clowns lining up to get the PS3 on its release date.
GJSony posted a 14.9 percent fall in quarterly operating profit on Tuesday after massive losses at its game unit outpaced robust sales of flat TVs, but raised its annual outlook closer to market expectations.
Group operating profit at Sony, which competes with Samsung Electronics and Sharp in the $63 billion liquid crystal display (LCD) TV market, came to 178.91 billion yen ($1.47 billion) in October-December, down from 210.35 billion in the same period a year earlier.
The profit fall was expected as Sony had said losses at its game unit would balloon to about 200 billion yen for the business year to March due to costs related to its new PlayStation 3 game console and slow sales of PlayStation Portable handheld players.
For the full year, Sony raised its operating profit forecast to 60 billion yen from 50 billion yen, still falling short of a consensus of a 69.2 billion yen profit in a poll of 21 analysts by Reuters Estimates.
The latest forecast compares with a 226.42 billion yen profit last business year.
Shares of Sony gained 7 percent in October-December, outperforming the Tokyo stock market's electrical machinery index IELEC, which rose 4 percent.
Taro Toporific wrote::bounce:
[SIZE="6"]Sony Connect finally dead[/SIZE]
Gen Kanai weblog:
..... I'm sure no one noticed in the midst of the big news in Silicon Valley is that Paid Content reports that at long last Sony Connect is dead as a business....and to add insult to injury, Sony's Japanese music service....
Seconded.IkemenTommy wrote:Sorry Taro, but what is Sony Connect?
Kuang_Grade wrote:... Sonicstage, which is easily the worst piece of software I have ever tried to use in my life.
Basically, Sony Connect is just a Harvard Business School case study on failed management and missed opportunities just waiting to be written.
TOKYO (Reuters) - Nintendo Co. Ltd. zipped past Sony Corp. in market value on Monday and became one of Japan's top 10 issues for the first time, as it elbows the PlayStation maker out of its decade-long dominance of the game industry.
Nintendo now joins such global household names as Toyota Motor Corp. , Honda Motor Co. Ltd. and Canon Inc. on the list of the 10 most valuable Japanese companies. Shares in Nintendo were up 1.5 percent at 46,150 yen by midday, boosting its market value to 6.54 trillion yen ($53 billion), while Sony fell 1.1 percent to 6,480 yen, or 6.50 trillion yen in market capitalization.
Nintendo's Wii game console has outsold Sony's PlayStation 3 by three to one in Japan and by more than two to one in the United States so far this year, according to game magazine publisher Enterbrain and research firm NPD....more...
GJFortune magazine has chosen Sony's use of Manchester Cathedral as the backdrop to a violent game as one of its "101 Dumb Moments in Business" for 2007. The gaffe was picked at number 63 by the US publication in its list of "the dumbest of the dumb" occurrences.
Sony apologised to the Church of England for using the cathedral as a backdrop to "Resistance: Fall of Man"...
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