MobileRead Forums - View Single Post

KDawg · 01-26-2009, 08:26 AM

For the past couple of weeks Sony has been talking about major restructuring plans after their massive losses from the previous quarter. I've been expecting them to axe the Reader program. The numbers I've seen have been a few hundred thousand Readers sold and only a few books sold per Reader. That's not a lot of cash flow for a dinosaur like Sony.

Over the past few days Sony has been announcing product line cuts. I've seen cuts to parts of their TV line but not much else. Any thoughts? Will the Reader survive?

01-26-2009, 08:26 AM	#1
KDawg Junior Senior Posts: 94 Karma: 81 Join Date: Apr 2007 Location: Raleigh, NC Device: nookColor, nook, PRS-900, PRS-505, PRS-500, Kindle PW, Kindle Oasis	Are we out of the woods yet? For the past couple of weeks Sony has been talking about major restructuring plans after their massive losses from the previous quarter. I've been expecting them to axe the Reader program. The numbers I've seen have been a few hundred thousand Readers sold and only a few books sold per Reader. That's not a lot of cash flow for a dinosaur like Sony. Over the past few days Sony has been announcing product line cuts. I've seen cuts to parts of their TV line but not much else. Any thoughts? Will the Reader survive?