Sony to post $3.2-bln annual loss
$3.2 billion annual loss, Nook and Kobo release competing units that
murder Sony on price-point, plus, those Nook and Kobos are using the very same pearl screens that we thought were in short supply which was explaining the shortage of 650s. Things are not adding up.
Add to this that Sony is making much money out of e-books (compare with Nook and Kindle), and I just have to wonder if Sony's going to pull the plug. Is it all over? Shame, because Sony E-readers continue to be the best even with the new Nook and Kobo, but if Sony can't lower their prices...