goddog said:
if you remember in the early 90s, kamart bought and sold boarders, walden books, office max, payless drurgs. each was oowned from 2 to 5 years....
I think they are very likely to sell at minimum stakes in sony BMG, but i see sony ericeson as the bigger sacrifical cow |
How much can selling Sony Ericsson really helping them?
First of all, it's not based in Japan, while the article makes it seem like Japan operations would be the most affected. That also means it's not affected by the lousy exchange rates. Thirdly, it really isn't losing any great amount of money... $18 million in one quarter is nothing.
Granted, I have no idea how Sony Ericsson will do in this holiday quarter. I'm guessing cellphone sales aren't too hot these days, but then again what products are selling well these days?
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