Sony stock 24 year low. "No turnaround in sight".

[Squilliam]

kowenicki said:

Squilliam said:

Well... What have they actually DONE lately which would even justify what amounts to a $5.8B profit turnaround? They make good hardware but their software sucks and they are falling behind in terms of investment. What will they do when Samsung and LG come out with OLED TVs at a reasonable price?

I bet had I got a Samsung LED TV the damn DLNA function would actually be working properly like it does on every other device in the house. Actually I got it replaced under warranty because my old Sony blew itself up. I like Sony, I typically buy Sony. However Sony just aint Sony like they used to be.

to be fair it only needs a $3bn turnaround. much of this loss is a tax write down due to ridiculous previous year expectations. easy..?

I already excluded the one time writeoff. Maybe I could have excluded a little more because the text actually reads more than doubled, not doubled. Anyway Samsung their main competitor posted a quarterly profit of $5.1B.