Sony rating lowered to one point above junk status by investors

[sales2099]

VGKing said:

sales2099 said:

VGKing said:

osed125 said:

VGKing said:

tonymarraffa said:
This just keeps getting worse and worse.

Things are actually getting better belive it or not.

How exactly?

Don't know the specifics. Look at Sony's last quarter results.

A net loss of 198 million just means they slowed the bleeding. But the conversion rate, especially Euros, will always bring losses when converted into yen. Thats something Sony can't change at all.

Exactly. It's a start.

Plus they are restructuring and letting go of 10k employees. You can't say that Sony isn't trying.

Ok fair enough. But historically, cutbacks are only a band aid solution. Sony needs a real revolutionary product to bring them back in the black.

Their venture into medical lenses actually looks like a profitable idea.