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At 60, will Sony get a new lease on life or an early retirement

TOKYO - "This company is too great to fail," said Welshman Sir Howard Stringer when he took over as the chairman and chief executive of Sony, Japan's iconic electronics giant, on June 23, 2005. Even then, things looked shaky. The company was drifting rudderless in a sea of competition, awash with soggy products and sagging profits. Its electronics business, the company's beating heart, was critically in the red.

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The BS Police3730d ago

They keep on lying and overhyping , they have crap customer service, and theyare losing money!

They are getting paranoid because they know they can go bankrupt soon.

Sony, quit sucking up to us, we won't cry over your demise!

TheMART3730d ago

"This company is to great to fall"

Another arrogance comment of Sony. Large companies have went bankrupt before. For different reasons. Not only @ the game department it gets beaten up, but also at other consumer electronic markets.

For example the TV section. Samsung took a real large bit with their HDTV's. Well maybe that's because they teamed up with the mighty 360? However it sells like hell.

It's still critically in red. Every quarter almost 600 million dollars loss. Just took a major bank loan, the first in 10 years time. Big bets on BetaBluRay (which appears to have less quality on HD-DVD now, especially confirmed HD-DVD supports 1080p now also) and things like a PS CPU that has bad yields (10 to 20% succes...) and more...

Nope Sony, not listening to your customers, lying, overpromising and underdelivering can bring any company down. No matter what size

achira3730d ago

#2, #3, shut up your lier mouths you bustu.... we know that you hate sony, why do you come here to only post this sh!t ??? you know ps3 will kick ass you poor crapbox, go play it, if it is so good. but dont bother us with you complex. we know that you are so envy. such idiots like you should be banned for ever.

TheMART3730d ago

for what exactly? For telling the truth? Again a fanboy shouting, calling names is a fanboy in denial.

If you think the facts I am giving are false give facts to argue.

Samsung is selling much TV's and take marketshare from Sony

Sony is loosing almost 600 dollars every three months. Already first quarter 2005. First quarter 2006 the same.

They just took al multimillion loan, or didn't they?

They lied to all gamers with the PS2. It would had the great Emotione Engine. Well where did that one stay? The other lies? The lies that made the better system, Dreamcast fall?

This time around there is a console around with a company behind it with lots of money. Which Sony doesn't have. End of story

The BS Police3730d ago

How am I lying when I say Sony is losing money!

Yeah, you just got owned!

kingboy3730d ago

lol what has Themart done again this time..we already know his arguements cuz they just keep rotating 24/7 in 360 circles ..The freaking thing hasn`t even launch..yet

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