The reality is you cannot spin this into a great thing when you take into account the general context. Which is what some posters are neglecting. You have to look at the entire picture. Sony has taken some serious losses too numerous to go into. Consider recalls, poor product performance, poor currency exchange rates, technology reinvestment on a fast curve, excessive litigation, and a highly competitive market driving down prices. All these things factor together to justify the current situation.
A situation where Sony has terminated thousands of employees globally this year alone. Has had to sell consumer goods often at cost. Has had to take out massive loans. Has had to finalize a number of settlements, and finally much of their assets are locked up in stock, or under performing divisions.
I agree that this is a smart move for Sony, but only because the recent moves leading up to it were so poor. They worked themselves into a hole that they have to effectively sell their way out of. The company has to trim itself down. That might sound good to the typical booster, but that also means that Sony might not be as aggressive as they would like. Who would sell off a lot of assets, and curb staff in order to take huge risks. Which is what they are hoping for. They are hoping Sony slashes the price of their electronics below cost, and invest more in support related development. In the case of the PS3 more first party games.
I know its not great news. When you hear a company is continually selling assets, cutting jobs, settling out of court, having drastic price cuts, and is under performing in two very public sectors that they have invested billions in. So how can you look at another asset being sold off as a good omen. When everything else looks like a big negative?
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