Items tagged with Hirai
Maybe brand new Sony CEO Kazuo Hirai is rethinking his decision to take the reins of legendary Japanese electronics maker; a day after announcing its new CEO, Sony delivered its financials for the quarter October-December 2011, and the results were less than stellar. The company lost $2.1 billion in the quarter and predicts losses $2.9 billion for the year through March, according to a Reuters report; there was no Christmas miracle for Sony’s sales. Worse, the loss caps off a fourth straight year of red ink for Sony. Certainly, there are causes that are mostly outside of the company’s... Read more...