SONY set to JUNK status

[VicViper]

I just don't understand this:

"Steve Durose, Fitch’s head of technology ratings for the Asia-Pacific region, said in a statement. “Sony is the higher risk of the two, hence its lower rating.”

How can you be a higher risk than Panasonic? I thought they were doomed. Perma-doomed.

 

http://www.bloomberg.com/news/2012-11-22/sony-panasonic-credit-rating-cut-to-speculative-grade.html