After a company like Sony has lost money for eight straight years in its TV operations and says it unexpectedly found it’ll lose another billion dollars this year and sell five million fewer TV sets than it had predicted, well, people outside the company are going to take notice.
Faultline’s Peter White says:
“The problem is that Sony could drop out of almost ALL of its businesses and it has to keep some of them.
“Samsung wins by having the best LCD and flash memory technology in the world. Sony does not have this basic leadership in technology. It once had it, but no longer.
“Everyone knows that the way for Sony to win is to behave as a single company instead of six separate, competing units.
“It could and must be a globally strong online movie service, good enough to compete with Netflix, through Qriocity, but has it done this? No. It could make it either free or cheap for the first year with every TV set. Has it done this? No.
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