Sony's top priority in the coming year is "to restore profitability in our television and game businesses," the company's chairman, Howard Stringer, said today (Friday). Sony reported a $678-million loss in its TV business last year and a $3.4-billion loss in its game division. Speaking at a shareholders' meeting in Tokyo, Stringer appeared to take note of the fact that Sony's PlayStation game systems are selling well below those of rival Nintendo's Wii, when he said, according to a Bloomberg News report, "Three years ago, we were criticized for the lack of innovation. Three days ago, in a U.K. brand poll, Sony was ranked No. 1 this year. ... But, we are not No. 1 in my mind yet."
See Also