Figgycal said:
We've had a lot of confirmation over the years about why Sony is a weak company. Their credit rating dropped to junk, their stock prices reached a low of about 13 dollars when a decade ago they were in the 100's. No one was under the impression that Sony was doing well. A sign of weakness would've been when Sony posted a deficit for 5 years in a row, followed by a tiny profit in 2013. I'd like to hear what Kowenicki had to say about this (unfortunately he got banned), but I would assume that Sony stock holders would be happy with this move and Lenovo stockholders not so much. |
I am a Sony stock holder (and a Microsoft Stock Holder just incase anyone actually cared :)
Have been for a long time and I can tell you this is VERY WELCOME news. The PC business was never done properly in the first place and it is fantastic that they can still sell it off today.
The issue has always been how and where they build their PCs (and what the government requires of the Japanese business to function in this respect...currencies to use..its all extremely complicated). Is Sony doing something wrong? Yep. Did they have a choice? Nope.