Never too big to fall
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 ..
Ride at your own risk !!!
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Originally Posted by dtrax
