Sony's new plan means fewer TVs and smartphones, more PlayStations

[MoHasanie]

darkknightkryta said:

MoHasanie said:

tiffac said:
They sure took their sweet time in realizing this -_-

I know. And the shareholders are dumb too for not putting pressure on the management to bring these changes earlier. There has only been one shareholder who constantly criticised Hirai and the other excecutives constantly and now he sold his stake since no one listened to what he wanted. 

That shareholder also told Sony to spinoff it's media/gaming division and be stuck with the T.V. and electronics division.  In other words, he wanted Sony to sell off what was profitable/potential and be stuck with the huge loss makers.  That investor probably wanted to buy the media portion of Sony with other investors.  Sony was right for not listenning to him.

Wouldn't spinning it off earn Sony some much needed cash which they could have used for something else like R&D? But oh well, knowing Sony, they would have lost that money gained too by investing it in something else that it isn't profitable.