Can Sony ever return to prominence?

[Dodece]

@kowenicki

I wouldn't necessarily say they are lying, or even stretching the truth. I think the problem is two fold. The first real problem is this company has a poor track record of gauging the market. These calculations are based on their own supposition which is notoriously wrong well as of late at least. So it probably isn't the wisest thing in the world to buy into what they say.

Second if Sony really wants to show a profit it is well within its power to do so by selling off a large asset to make it look like they are doing better then they are, and that isn't a exaggeration. Sony has sold off assets in the past five years to soften losses. Making a target weight by cutting off a hand isn't exactly losing weight anymore then selling off stakes in other companies made the company genuinely profitable.

So investors have ample justification to be leery. Sony could easily miss on their speculations, and even if they do show a profit it could just as easily be cannibalism. Respect should be earned, and based upon performance. Sure Sony could turn the corner, but nobody should take that for granted, or take their word for that happening.