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Sony fights falling prices, softened demand

Discussion in 'General Discussion' started by Julio Franco, Aug 14, 2003.

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  1. Julio Franco TechSpot Editor

    Everyone's favourite electronics brand (ok, so at least mine) is looking for ways to turn to big profitability again after a sluggish year of sales. It came as a big surprise to investors when earlier this year Sony announced a small loss in Q1, then Q2 it returned to profitability but nothing compared to $474 million a year ago to $9 million this year.

    Sony Corp.'s new Qualia line of TVs are assembled by hand, by a worker who alone pieces each set together. The result is an $11,000 television with some of the richest video quality possible

    You can read CNN's full story here.
    Julio Franco, Aug 14, 2003
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