Sony's entire future now rests on PlayStation

As Kaz Hirai's painful restructuring comes to a close, a new Sony emerges - one whose growth is almost entirely centered on the success of PlayStation.

Sony is over the hump. That's the message that the company wanted investors and market watchers to understand from its presentations earlier this week. Though it expressed it in rather more finessed terms, the core of what Sony wanted to say was that the really hard part is over. Four years after Kaz Hirai took over the corporation, the transition - a grinding, grating process that involved thousands of job losses, the sale or shuttering of entire business units and protracted battles with the firm's old guard - is over. The restructuring is done. Now it's time for each business unit to knuckle down and focus on profitability.

Tags: more

Leave a Reply

Captcha image