Quote (timmayX @ Jan 29 2014 11:45am)
Intense global competition doesn't mean the other companies are losing profitability. It means that other companies are offering cheaper and better products than Sony in their TV's and PC's, which is true. Sony TV's and PC's are some of the most overpriced products on the market - it's no surprise they don't sell well.
That's not what I said.
Market pressure is across the board. If any company doesn't adapt they will fail. Sony has a bigger piece of the pie.
Saying sony's stock isn't doing well because of competition isn't news at all.