Are we seeing the end of Sony?
How the Tech Parade Passed Sony By
By HIROKO TABUCHI
Published: April 14, 2012
New York Times
"“The time for Sony to change is now,” said Mr. Hirai, who formally took up the C.E.O. post on April 1. He posed for the cameras, one finger held high in a No. 1 sign. “I believe Sony can change,” he said.
Outside Sony — and inside it, too — not everyone is quite so sure."
"No one was terribly surprised last week when Sony announced that its losses this year would be worse than it had expected. Sony, after all, hasn’t turned a profit since 2008. It now expects to lose $6.4 billion this year. The reason is plain: Sony hasn’t had a hit product in years. "
“At this point, Sony just needs some strategy, any strategy, because that is better than no strategy at all,” said Sea-Jin Chang, chairman for business policy at the National University of Singapore and author of “Sony vs. Samsung: The Inside Story of the Electronics Giants’ Battle for Global Supremacy.”
Somewhere in there are eReaders. Well I hope there are eReaders.
Sony was pretty much the first significant player in the field, like so many other fields where it has lost dominance and now maybe it has just plain lost out.