3 posts and columns on Economy Trade and Industry

GFAIL

in News on May 14, 2009 at 3:10 pm PT

Sony Earnings Fall From Ugly Tree, Hit Every Branch on the Way Down

in News on May 14, 2009 at 5:15 am PT

About the best thing to be said for Sony’s grotesque financial results is that they came in smaller than expected. The company’s 98.9 billion yen ($1 billion) loss for the fiscal year ended March–its first net loss in 14 years–wasn’t nearly as bad as the 150.0 billion yen ($1.57 billion) figure it had predicted in January or even close to the 173.8 billion yen ($1.8 billion) analysts polled by Thomson Reuters had been forecasting.
sony_stringer

All Hail Sir Howard, King of Sony

in News on February 27, 2009 at 8:55 am PT

Now that Sony’s old guard has taken what was once a strong electronics and gaming brand and run it into the ground, the company’s new guard is circling back to resurrect it. This morning the company announced a management overhaul that will see CEO Howard Stringer succeed Ryoji Chubachi as president and assume responsibility for Sony’s key electronics division.