Sony's new plan means fewer TVs and smartphones, more PlayStations

November 26th, 2014, 00:19 Posted By: wraggster

Sony may know how to build great gadgets, but convincing people to part with money in exchange for them has turned out to be nearly impossible. In the outfit's most recent financial results, its faltering mobile division was single-handedly responsible for wiping out the blockbuster profits earned by the PlayStation 4. At a recent investor conference, however, executive Hiroki Totoki told the audience that the company has a new three-year plan designed to staunch these losses. In fact, the plan can be summed up pretty simply as "make a lot fewer TVs and smartphones."

http://www.engadget.com/2014/11/25/s...rnaround-plan/

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