Will sony make it out of this recession?

[NJ5]

markers said:
The thing about GM and chrysler is they had plenty of time to change and move away from gas guzzling machines, but they didnt.

Just as Sony had plenty of time to move away from CRTs, but they only did so when it was obvious that they were getting killed on TVs (at which point they had to outsource LCD panel production).

They also had plenty of time to make a decent portable music player not based on CDs, but they didn't, with other companies beating them in the process.

They also fell behind on phones with Sony-Ericsson.

I'm not saying Sony f'ed up their strategy as much as those companies did, but it has had its fair share of big mistakes too. They went from being the top name in consumer-grade electronics, to being just another good electronics company among many.