Rumor: Sony into major cost cutting
Sony
Sony is facing difficulties again. PS3 sales sucked this holiday season & of course the economic crisis is also not help sell high-end TVs. The Times reports that their sources tell them about major cost cutting across the whole Sony Corporation.
The restructuring plans are supposed to be announced after the CES 2009.
It’s very much clear that something has to happen at Sony. It’ll be not an easy task to find the right directions. Every product category is highly competitive and Sony is not alone offering stylish high tech. other brands like Samsung and LG have also become basically as good as Sony and often offer their gear at more affordable pricing.
The Sony Walkman has lost to the Apple iPod and the Sony PS3 gets eaten alive by the Wii & the Xbox 360.
Update: Analyst are now saying that Sony needs to cut $100 in order to grow PS3 sales and this’ll happen this April so don’t buy & wait for cheaper PS3.
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