Sony, it is suggested, might be better off just selling insurance.
Or just making movies and music. But not electronics.
A new report from the investment banking firm Jefferies delivered a harsh assessment of Sony’s electronics business. “Electronics is its Achilles’ heel and, in our view, it is worth zero,” wrote Atul Goyal, consumer technology analyst for Jefferies, in the report, released this week.
“In our view, it needs to exit most electronics markets.”
The maker of the Walkman and the Trinitron without electronics? What would it do?
Although Sony sells hundreds of products as varied as batteries and head-mounted 3-D displays, it so happens that Sony’s most successful business is selling insurance. While it doesn’t run this business in the United States or Europe, Sony makes a lot of money writing life, auto and medical policies in Japan.
Have an amazing project to share? Join the SHOW-AND-TELL every Wednesday night at 7:30pm ET on Google+ Hangouts.
Join us every Wednesday night at 8pm ET for Ask an Engineer!
Learn resistor values with Mho’s Resistance or get the best electronics calculator for engineers “Circuit Playground” – Adafruit’s Apps!
Maker Business — “ORANGE PI: MEETING WITH STEVEN ZHAO IN SHENZHEN”
Wearables — Putty in your hands
Electronics — Multimeter Bandwidth – AC Signal
Biohacking — Google Searching for “My Eyes Hurt” Peaked After Yesterday’s Eclipse
No comments yet.
Sorry, the comment form is closed at this time.