Things Looking Bad for Sony

All is not well in Sonyland. The japanese tech giant has suffered a loss of $5.7 bn in 2011.

Tech-Blog Gizmodo attributes this to a bloated product catalogue and misguided internet and emerging technologies strategies. Lets not forget the huge security leak which spilled thousands of customer informations incl. credit card details.

Read the whole article here. For more insights into the decline of once-proud Sony, go here.

From the comments: “One of Sony’s biggest issues is how much different divisions do not work together. Heads of divisions like to keep information to themselves, managers don’t like to share.”

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