Sony isn’t in great shape. It just reported a mammoth $2.9 billion annual loss, the kind that typically results in some massive soul searching. The fact that Apple didn’t do that badly certainly indicates Sony could do better. This kind of financial result typically causes executives to depart, especially when Sony was forecasting a mammoth profit as late as October.
So why is Sony in the toilet, and does this mean the end of Blu-Ray, or the PlayStation 3, both of which are contributing strongly to this massive amount of red ink? Some are clearly betting PlayStation goes first.
