Sony (SNE) Seeing No US Recession
March 5, 2008 by Douglas A. McIntyreSony (NYSE: SNE) is still selling its share of television in the US and a poor economy, to the extent that it exists, is not keeping people away.
"We have already had a solid January and February," said Stan Glasgow, president and chief operating officer of Sony Electronics, the company’s $12 billion U.S. unit according to Reuters. Sony also said it expects to sell five million Blu-ray players this year.
The comments by the large consumer electronics company indicate that there are still some pockets of strength in US. Video game sales were strong as of the last NPD data.
Perhaps people can’t stand not being entertained.
Douglas A. McIntyre
Smart Investors Are Quietly Loading Up on These “Dividend Legends” (Sponsored)
If you want your portfolio to pay you cash like clockwork, it’s time to stop blindly following conventional wisdom like relying on Dividend Aristocrats. There’s a better option, and we want to show you. We’re offering a brand-new report on 2 stocks we believe offer the rare combination of a high dividend yield and significant stock appreciation upside. If you’re tired of feeling one step behind in this market, this free report is a must-read for you.
Click here to download your FREE copy of “2 Dividend Legends to Hold Forever” and start improving your portfolio today.