[KR...]

So much for Team Sony :

"An old adage has it that "when Sony sneezes, the whole electronics industry catches cold." If that's so, there could be an epidemic brewing. Sony's profits plunged an astounding 98% in the first quarter of its current fiscal year. Thomson, Samsung, and some large retailers also reported big drops."

Read the rest here : http://www.stereophile.com/shownews.cgi?1696

 

[Squalish]

Their music division is and has been operating at a loss.

Lol.

I wonder if executive payrolls are even factored in when they make decisions on how they should improve profitability.

 

[dhwilkin]

Wow, that's a pretty big drop!

 

[andrzejpw]

98 Percent!!!??? I'm finding this really hard to believe. Maybe someone missed a dot and its really 9.8%?

 

[Squalish]

We're talking about profits, not revenues.

IE compared to before, they are almost breaking even(the big corporate sofa that they keep their cash in for expanding the empire is about staying the same)

edit: total revenues are around a trillion and a half yen, their total sales only dropped around 7%

 

[bootman]

A big part of this is the decline of playstation sales that started in the 1st quarter of this year.
Believe it or not a big part of sony profits comes from the playstation.

 

[bralack42]

Ten bucks says they'll blame this on MP3 sharing/pirating...

 

[psxguy85]

What? But I just bought a very expensive computer from them?? That makes up a lot of their sales, doesn't it????

 

[guzzler]

Quote:

Originally posted by Squalish I wonder if executive payrolls are even factored in when they make decisions on how they should improve profitability.

pah! don't be ridiculous! they'll probably award themselves a vast bonus for the good job they're doing! damn fatcats!

g

 

[TimSchirmer]

Could this be because of the fact that most of the stuff they make is utter crap?

Maybe people are catching on...

 

[guzzler]

Quote:

Originally posted by TimSchirmer Could this be because of the fact that most of the stuff they make is utter crap? Maybe people are catching on...

could it be you are a brand snob?? that is a vast generalisation and absolutely wrong! ever tried a Sony laptop? portably minidisc player? SACD player? DVD player? Widescreen TV?? most of the aforementioned are IMO, excellent!

g

 

[D-EJ915]

I have the biggest Direct-View TV in the world

, and it's a sony 40" baby

 

[Eagle_Driver]

guzzler,

Not all of Sony's DVD players are "excellent"; in fact, most of Sony's lower-end DVD players (that includes almost all of those available at most electronics superstores) are utter crap.

They're extremely unreliable, breaking down just after their relatively short warranty expires - and then Sony wants nearly full price just to repair the units.

 

[fractus2]

Quote:

Originally posted by guzzler could it be you are a brand snob?? that is a vast generalisation and absolutely wrong! ever tried a Sony laptop? portably minidisc player? SACD player? DVD player? Widescreen TV?? most of the aforementioned are IMO, excellent! g

I like their laptops. Using one right now as a matter of fact.

 

[Rizumu]

My dad just got back from Best Buy with a Sony DVD player and home surround sound system. Here's hoping that doesn't break down too soon..