Sony to stop making Cameras ?

Started Oct 5, 2012 | Discussions thread
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Sony to stop making Cameras ?
Oct 5, 2012

It seems that Sony are in big trouble with 8 billion dollars being wiped off there share value since April.

Sony CEO Kazuo Hirai has spent $1.8 billion in the past three months snapping up an assortment of businesses such as medical equipment and cloud gaming, leaving investors to worry he is blowing his firm's waning finances on a muddled plan to revive the fading giant.

Sony have been losing money on TV's for 10 years and now it seems from an article in the SMH that they will further rationalise their operations to stem the flow of blood.

Speaking at the same venue as Hirai during the Tokyo Game Show less than two weeks earlier, Yoshikazu Tanaka, the founder of social gaming firm Gree and the latest poster child for Japan tech, predicted the death of game consoles.

They would, he said, be victims of a conversion trend that has already melded mobile phones and PCs into tablets and smartphones and which will eventually absorb game machines.

"Within a few years the power of tablets and smartphones will exceed that of current game consoles," Tanaka said.

Their recent purchase of a share in Olympus is fairly aimed at getting a foot hold in the medical sector.

I ask the question. when will Sony dump camera manufacturing ?

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