Sony’s Walkman outsold Apple’s iPod in Japan for the first time in more than four years last week, according to a report from research outfit BCN, which doesn’t count the iPhone as a portable media player.
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With lousy financials, a weak platform strategy and just 4.7 percent of the global handset market, Sony Ericsson is on a long, slow march into irrelevance. Unless Bert Nordberg can turn it around. This morning the struggling handset maker tapped Nordberg, executive vice president of Ericsson, as its new president and CEO.
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More bad news from Sony. This morning the electronics giant posted its second straight quarterly loss and reiterated its forecast for another year of red ink. Clearly, Sony must do more than just slash jobs and suppliers if it ever hopes to regain its position in the market.
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Now that Sony’s old guard has taken what was once a strong electronics and gaming brand and run it into the ground, the company’s new guard is circling back to resurrect it. This morning the company announced a management overhaul that will see CEO Howard Stringer succeed Ryoji Chubachi as president and assume responsibility for Sony’s key electronics division.
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Sony ATRAC is at long last joining Betamax, MiniDisc, Sony Dynamic Digital Sound, HiFD, (pause for breath) Multi-Media Compact Disc, Memory Stick and Super Audio CD in the company’s Museum of Failed Formats.
After an overlong and unsuccessful campaign to spread adoption of ATRAC, Sony is scrapping the proprietary audio format. This morning the company said [...]
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