Sony goes down market with affordable camcorder to save its bacon

Filed under: Company News , Economy Bad earnings and the recession are making Sony ( SNE ) look at whether its traditional way of doing business can allow it to prosper in the current economic environment. Sony has a plentiful supply of problems. Its PS3 game console still lags sales of the Microsoft ( MSFT ) Xbox 360 and Nintendo Wii in most months in most markets. It has too much competition in its business of building

video screens. Its movie studio, like all others, is successful based on one or two blockbusters a quarter. No blockbusters equals no earnings. Continue reading Sony goes down market with affordable camcorder to save its bacon Sony goes down market with affordable camcorder to save its bacon originally appeared on Daily Finance on Thu, 16 Apr 2009 07:30:00 EST. Money.Finance|Finance|Finance

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Sony goes down market with affordable camcorder to save its bacon