Sony is bleeding…badly.

As I wrote on March 28th:

Sony is bleeding money. They sell almost all of their consumer products at barely breaking even.

Today, Nikkei and the Associated Press are reporting the following:

Sony to purge 10.000 employees


Sony had forecast a $2.7 billion loss for its just-ended fiscal year; the company lost $2.1 billion in the last calendar quarter of 2011 alone, mostly because of its flagging television sales.

Why exactly would Apple want to get into this business? Beats me.

One comment on “Sony is bleeding…badly.

  1. […] have written about Sony before a few times, but it keeps getting […]

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