Train wreck said:
wrong. Did you guys not read what Kaz mention during his time at CES? They are getting rid of non core assets (chemical business, joint ventures that do not make sense for them, some of its headquarters and its upcoming battery business) to focus on their core (gaming, TV, phones, electronics/media), you know the things that people constantly say sony needs to be in. |
Riiiiight, as if the head of the company is going to admit to investors that it's as close to a fire sale as you can get without burning the company to ash.
Seriously, If the company wasn't in trouble they wouldn't be laying people off left and right and selling assets to pay debts and keep factories open. I hope it works and they get some budget priced HDTVs into Walmart so they can start making a profit like Visio. Things are clearly not going well, but maybe their strategy will pay off.
