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

and

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.

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One comment on “Sony is bleeding…badly.

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

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