Mazty on 03 February 2013
| Sensei said: It is not a secret that Sony has been in trouble in recent years. However Kaz Hirai has taken charge and promised to restructure Sony and bring it back to profitability. Recently they sold NYC building and now their stock went up again 8.5% in Tokyo due to reports that Sony will sell lithium-ion battery operations, the Yen exchange rate changes also did benefit Sony.
I've checked Sony's stock and it looks like it is highest in 6 months. You guys think Kaz is turning Sony around?
Sony Corporation (ADR)
NYSE: SNE - Feb 1 4:00pm ET15.13+0.19 (1.27%)
1d
5d
1m
6m
1y
5y
max
Open
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14.71
15.14
14.64
Volume
Avg Vol
Mkt Cap
5,018,489
4,249,000
15.18B
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So far he is doing a brilliant job. It also looks like he realises the importance of being the first to announce new products as has been done with the Xperia Z and possibly the PS4. Plus with him getting the different departments within Sony to aid each other in tech development, that is a very promising step to take and also worrying to think they weren't doing it before.
Sony have always tried to build quality over gimmicks so I do hope that their fortunes keep on going up.
