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 …

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  1. James 51

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

  2. Anonymous Coward 101

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

    1. Dave's Jubblies
      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...

      1. Yet Another Anonymous coward Silver badge

        Re: broke?

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

        1. Anonymous Coward
          Anonymous Coward

          Re: broke?

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

          Sony

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

      2. Justice
        Thumb Down

        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.

  3. chris 17 Silver badge
    Thumb Down

    who next

    gone are comet, hmv, kodak, Nortel, WorldCom

    going are

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

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