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Forums - Sony - Sony Wants to be Number Three, Thinks it “Could Buy Apple and Samsung” in the Future

RocketNews24

The world may well be completely besotted with iPhones and Samsung-made Android devices right now, but Sony isn’t prepared to take a back seat and watch its profits and reputation go down the U-bend. In a recent conference, head of Sony Mobile Kunimasa Suzuki pledged to step up and reclaim ground lost in recent years. Rather than making unrealistic promises and declaring out-and-out war on the iPhone, however, the Japanese tech giant is keeping things realistic and is aiming at third place in the world’s mobile market.

Despite currently being in debt to the tune of around US$8 million, Sony mobile believes that it can move into the black during the next financial year. How? By offering cheaper smart phones to so-called ‘emerging’, previously untapped markets. By shifting greater numbers of units to users in countries where smart phones are just starting to take off, Sony hopes to become the third biggest producer in the world, behind Apple and Samsung, in first and second places, respectively.

But with the market already being flooded with low-cost Android-powered phones, how cheap Sony – a company whose products are notorious for being on the pricey side – is prepared to go to stay afloat in such a competitive market is anyone’s guess.

It’s clear, however, that Sony has, or at least thinks it has, a plan. At the last month’s Mobile World Congress in Barcelona, the company made a number of announcements referring to its potential growth in the near future, with one official even going so far as to state that “it’s even possible that we could buy out Samsung and Apple in the future.”

We’ll give you this, Sony, you’ve got some balls.

http://en.rocketnews24.com/2013/03/05/sony-wants-to-be-number-three-thinks-it-could-buy-apple-and-samsung-in-the-future/



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B.E.L.I.E.V.E



sony buy apple and samsung?

not evan once. they are selling off their HQ's and other property just to stay a float.



 

WII U // PC // 3ds XL // VITA

they should buy microsoft while they are at it, see if they can get a 3 for 1 deal



I understand buying apple but I doubt they will ever have the money in the bank to buy Samsung.



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I lol'ed.

No chance.



There must be a mistranslation. Even Sony fanboys aren't that delusional.



kowenicki said:
JoeTheBro said:
I understand buying apple but I doubt they will ever have the money in the bank to buy Samsung.


huh?

yeah...  because Apple's market cap is only $404 billon and Samsung is a hefty $204 billion 

???

Apple has passed its apex while Samsung's growth is accelerating. By the time Sony has enough money to even think about buying one of them, Apple should be cheaper.



even being generous and assuming he meant buy out just their mobile divisions that is ridiculous. Apple wouldn't sell their most profitable division and they frankly have the cash to buy out Sony if they wanted. I doubt Samsung which twice the size of SONY will be looking to offload their mobile division any time soon, I mean unlike Sony their mobile division is actually growing, plus Samsung as a whole is very profitable.



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He means Sony may have enough money to buy an iPhone or a Samsung Galaxy in the future.



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