Consumer Electronics
Sony struggling gone are the days of the Walkman
Published:
From TheStockMasters
Sony (SNE) has posted some modest gains recently since releasing news that they are slashing prices on their PSP. Why investors interpreted that as a good thing, we don’t know. Say Hasta La Vista to your margins, Sony. Trouble is brewing, the PS3 & PSP aren’t selling. The next couple of earnings calls should be very interesting indeed. Gone are the days when the Sony tape-playing Walkman ruled the world. Remember skateboarding or just being cool with your head phones on listening to great tapes like 1984, The Joshua Tree, Violent Femmes, or Straight Outta Compton. Read more about how Sony sucks…
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