It was nice knowing you Sony but your time has passed.
The most telling part of this piece is that Sony’s consumer products sales were down 24% year over year. Have you even seen a Sony TV these days? This is an amazing testament to the power and speed of a free, innovative market that supports open competition and one of the many reasons why I love the tech industry so much
![]()
Sony has just posted its results for the third quarter of its 2011 fiscal year and as expected, the news is not great. Sony posted an operating loss of $1.2 billion and net loss of $2 billion on revenue of $23.37 billion.
via theverge.com