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back to article Sony flogs off more assets in scramble for full-year profit

Sony is selling off nearly 10,000 shares in medical market research firm M3 as part of its business overhaul. The Japanese firm, suffering from competition on a number of fronts and feeling the effects of the sad economical state of Europe, has been selling off bits and pieces and rejigging others to streamline its business and …

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Much are the lawers going to get when they launch the eyepad?

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Selling off assets is not exactly a foolproof plan for long term success, unless Sony are desperate for the cash flow.

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Holmes

broke?

Launching the ps3 very nearly broke them and they never fully recovered, I suspect it is an exercise in hoarding cash so that they can support the launch of the ps4...

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Re: broke?

Handing over position of "coolest consumer gadget" maker to Apple then starting a decade of leaderless internal corporate infighting nearly broke them.

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Anonymous Coward

Re: broke?

With hindsight, putting rootkits on peoples' PCs wasn't a clever move was it?

Sony

Make. Balls-up. (tm)(r)

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Re: broke?

If they don't allow PS3 backwards compatibility and remove Cinavia with the PS4 they'll be struggling again at the end of the next business year.

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who next

gone are comet, hmv, kodak, Nortel, WorldCom

going are

RIM, Sharp, Nokia, Sony, Nintendo, HP?

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