Saturday, November 08, 2003

The Pride That Killed Sony



El articulo habla del ultimo año de Sony. Y todo lo que ha hecho para darse en la madre y perder su primer lugar mundial en venta de Electronicos.

Sony has suffered from hubris, the pride that kills. Several years ago, a Sony executive told me that because it no longer had "any real competitors" it must concentrate on its "creative dreams." No longer. On October 28, Sony held a press conference, in a hall filled with over 1,000 journalists, to announce a major restructuring to cope with plunging sales and profits. At the same time, at a smaller venue, Sony's arch-rival, Matsushita Electric Industrial (nyse: MC - news - people ), announced that profits for the fiscal half-year ending in September were up 59%, a sharp contrast with Sony's 51% plunge for the same period. "I am surprised Sony made the restructuring announcement at the same time as Matsushita announced its results; in previous years they would not have cared what we were doing," said Yukio Shohtoku, head of Matsushita's international operations.

es demasiado... no puedo leer mas... pero si quieren pueden leer todo el articulo con la liga

Forbes.com: The Pride That Killed Sony

y para seguir con la onda Who owns what? Matsushita Electric es la dueña de panasonic... damn them...

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