Sony posts record high $5.7 billion annual loss, worst in company history

User Comments: 36

1. May 11, 2012 12:20 PM
   1 person liked this |
   

   captaincranky, TechSpot Addict, said:

   I can say I don't like Sony insisting on propriety connectors either. My Sony Nex camera has a flash that uses something that looks like a jack connector, and the only external microphone that can be used is a Sony one through the same connector. Although Sony aren't the only company to do this... *cough* Apple *cough*.

   But don't you secretly wish that Apple would pay the ultimate price for this nonsense as well? I know I do.

   Reply
2. May 11, 2012 1:47 PM
   

   cliffordcooley, TechSpot Paladin, said:

   ...the sooner companies like Sony die off the better for the consumer!!!

   Somehow I feel as if you don't know what you are asking for. I can picture worse companies developing after Sony has perished.

   I believe the idea would be to have the existing companies do better, not have them perish.

   Reply
3. May 11, 2012 2:08 PM
   

   captaincranky, TechSpot Addict, said:

   Somehow I feel as if you don't know what you are asking for. I can picture worse companies developing after Sony has perished.

   Can you picture the draconian juggernaut Apple would be, if it inherited Sony's market share?

   Reply
4. May 11, 2012 2:10 PM
   

   fimbles said:

   Another company who insists on using old buisness models in a modern world.

   Suing your customers is never good PR.

   Bye bye sony, I for one will not miss you at all.

   Reply
5. May 11, 2012 3:15 PM
   9Nails, TechSpot Paladin, said:

   I must admit to my prejudices against Sony. I used to purchase their products with faith in the brand name, only to be let down time and again. Those product failures have left me with the impression that Sony's products are not reliable. While the company has made several choices that discredit a company that I'd put good faith in. While these are facts, I don't with Sony any ill-will, only that they shape up and return to their former glory, and sell honest and good products to the consumer again.

   Reply
6. May 11, 2012 5:08 PM
   

   captainawesome said:

   I agree with almost every bad thing said against Sony here. But one has to say, woe for the consumer if their playstation division. Poor decisions could be easily corrected by firing some people and hiring the ones with the right ideas.

   But if they were to sink (PS), what then. One console (I don't consider Wii or Wii U a console). One platform? That sounds really bad for couch potatoes like me.

   Or maybe Steam will take their place ?

   Reply
7. May 11, 2012 8:56 PM
   Guest said:

   The sooner sony dies the better. They haven't been profitable in years and Samsung surpassed them some 7 years ago. All sony knows how to do is sue everyone, make everything proprietary and slap a healthy dose of DRM with anything and everything.

   One of the worst companies out there.

   Reply
8. May 12, 2012 2:59 PM
   mosu said:

   The same advice over and over again: Sony, hire engineers, not lawyers!

   Reply
9. May 12, 2012 9:10 PM
   Tygerstrike said:

   Ive been a fan of Sony since they came out with the original PS1. When PS2 came out I was right on the bandwagon. Then they came out with the PS3 and they lost me. It was way too much money for what they were offering. Then they had those natural disasters in Japan and lost a ton of production partners. Add on the hacking of the PSN and the recipe was complete.

   Sony has fallen away from what made them good. Solid products that performed very well and a customer support system that was far and above anyone elses. The only thing that revived Sony from the electronics graveyard was the PS1. If Nintendo hadnt dropped the ball on a CD drive on the SNES, we wouldnt even remember SOny today. They need to remember that ppl have a very long memory about getting shafted by a company. The more they fight what the consumer wants the faster they will continue this downhill trend. If a consumer cant get what they want from one company, they WILL go to another company to get it. Even if they really dont want to do business with company #2, they will do so to get what they want.

   Everyone is so quick to jump on America and scream "Evil greedy Bastiches!" when the Japanese are five times worse then Americans. Given Sonys financial problems, you can most certainly expect that they will continue to sue ppl and screw their own customer base.

   Reply
10. May 14, 2012 10:45 PM
    Guest said:

    "Everyone is so quick to jump on America and scream "Evil greedy Bastiches!" when the Japanese are five times worse then Americans. Given Sonys financial problems, you can most certainly expect that they will continue to sue ppl and screw their own customer base."

    Name five Japanese companies that screw Americans over. Now name 5 American companies that screw Americans over. Easier isn't it?

    Reply
11. May 16, 2012 10:57 AM
    

    cookiedude said:

    . All sony knows how to do is sue everyone, make everything proprietary and slap a healthy dose of DRM with anything and everything.

    One of the worst companies out there.

    Clearly not a successful formula... unless you're Apple!!

    Reply

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