Sony is in deep trouble. The company has been forced to slash its earnings forecast by 57 percent amid deteriorating economic conditions and its inability to compete more effectively in markets throughout the world.
Of course, Sony will still post a profit--most analysts claim that it'll be about $500 million--but the downturn speaks to Sony's issues and the fact that this once-dominant company has been downgraded to an also-ran in the industry.
....oh, and good story.
OOOOO YEAHHHHHHHH lol
they could borrow some money from Microsoft LOL
I guess that it's tough to escape the effects of this global economy.
CNET is owned by Microsoft. Next article, please.
Yup, yup and yup... Can't argue with logic and intelligence when you're in a sea of stupidity. Why, cause it's so radically different it's gotta be right.