phantom_opera
04-06-12, 16:13
TOKYO (AP) - Sony's stock price fell below 1,000 yen (S$16.50) on Monday for the first time since 1980 as global markets slide but also a symptom of its decline since huge success with the Walkman three decades ago.
Battered by competition from Apple and Samsung Electronics, Sony has lost money for four straight years - and for eight years in its core television business.
A strong yen, which erodes overseas income, and natural disasters at home and in Thailand, a key manufacturing hub, have added to its woes.
=> oh ... today's 2.73% plunge is A-share is a signal that we are near maximum fear level, the retail players are dumping stocks in the world like nobody's business ..
Battered by competition from Apple and Samsung Electronics, Sony has lost money for four straight years - and for eight years in its core television business.
A strong yen, which erodes overseas income, and natural disasters at home and in Thailand, a key manufacturing hub, have added to its woes.
=> oh ... today's 2.73% plunge is A-share is a signal that we are near maximum fear level, the retail players are dumping stocks in the world like nobody's business ..