Remember when Sony was the gold standard of electronics? Well, those days are obviously gone. Earnings are down 94%. Wow. Part of that stems from the laptop battery problems, but an under-rated portion of that is the lack of clear innovation at Sony for the past several years. Sony still doesn’t seem to think the Walkman is threatened by the iPod.
When will Sony learn to innovate and return to the days of old? Hopefully soon. 94% drop in earnings can’t go on forever, so something must happen.