In a new study by market researcher Strategy Analytics, more than six thousand consumers were surveyed about which technology brands they preferred – and the results highlight what is likely a radical market repositioning for certain tech brands that have lost market share in a challenging industry environment.
Sony
Sony Slaps Senior Execs – Makes Them Give Back Pay
In a public move that will probably make more sense in Japan than it will here, Sony Corp. said on Tuesday that seven top executives will return their fiscal 2011 performance-linked bonuses. The executives affected by this decision include their former CEO Howard Stringer and current CEO Kazuo Harai.
Why this announcement now?…. [Read more…] about Sony Slaps Senior Execs – Makes Them Give Back Pay
New Symbol of Sony’s Suffering – Stock Drops to Lowest Level in 32 Years
In yet another sign of the decline of a once seemingly invincible technological powerhouse, shares in Sony Corp. in Tokyo closed Monday below ¥1,000 ($12.76) per share – setting a disturbing new record low. The last time the stock was this low was August 1, 1980 – 32 years ago. The press in Japan took notice and newspapers couldn’t help but point to the development as a symbol of an industry slump that is changing the world’s view of Japan’s technological prowess.
Why do analysts think this happened?…
[Read more…] about New Symbol of Sony’s Suffering – Stock Drops to Lowest Level in 32 Years
You Don’t Want Your Team in this ‘Sweet 16’ March Madness Bracket
Worst Company in America Contest
<March 21, 2012> It’s March Madness – the time of year that college basketball fans wait 12 months for – and the time of year when we hear talk around the water cooler of “How’s your bracket doing?” Brackets represent the team standings and fans can track the results as each of the games play out. And this year, popular consumer blog Consumerist is mimicking the event by using brackets to track their annual “Worst Company in America” survey. [Read more…] about You Don’t Want Your Team in this ‘Sweet 16’ March Madness Bracket
NPD Says Consumer Electronics Sales in 2011 at $144 Billion Are Down
<February 15, 2012> The NPD Group, a Port Washington, New York-based market research company said on Monday that total consumer electronics sales including both hardware and consumables, fell .5% to come in at a total of almost $144 billion. NPD’s data represents retail sales that the organization collects from retailers and totals. [Read more…] about NPD Says Consumer Electronics Sales in 2011 at $144 Billion Are Down
Samsung & LG Outline Aggressive TV Biz Growth Plans
<February 8, 2012> Samsung Electronics Co. and LG Electronics, Inc. plan to launch aggressive expansion of their flat panel television divisions in 2012, according to a new report in the Nikkei. And these aggressive plans contrast sharply with those of Japanese television manufacturers, who are looking for ways to cut their overhead in a search for profitability. [Read more…] about Samsung & LG Outline Aggressive TV Biz Growth Plans
S&P Cuts Sony’s Credit Rating to Just Above Junk, Issues Negative Outlook
<February 8, 2012> Credit rating agency Standard & Poor’s today cut the long-term debt rating on Sony Corporation to BBB+, just two notches above “junk” status, and further issued a negative outlook which suggests a potential further drop in the future. In a statement, S&P said that “the likelihood of a strong recovery in Sony’s earnings is low.” [Read more…] about S&P Cuts Sony’s Credit Rating to Just Above Junk, Issues Negative Outlook
Sony Says Only They Can Deliver ‘The New User Experience’
>> See our full slideshow of photos from the Sony Press Conference at CES <<
<February 1, 2012> In typical fashion, Sony Corporation at CES delivered a long and at times rambling press conference covering their large range of products. And while presenters tried to sound enthusiastic about their many innovations, much of this year’s presentation mimicked last year’s…and even those of its competitors. [Read more…] about Sony Says Only They Can Deliver ‘The New User Experience’
LG – Last Year We Were Smart, This Year We Are Smarter
>>See a full slideshow from the LG CES Press Conference by clicking here<<
<January 18, 2012> CES Press Day kicked off this year with LG who seemed anxious to update the media on their progress in 2011. Wayne Park, President and CEO of LG USA, told reporters that although 2011 was a tough year economically, LG’s revenues were up 8 percent. Park also told the group that LG had a record-breaking fourth quarter in U.S. sales. [Read more…] about LG – Last Year We Were Smart, This Year We Are Smarter
Stratecon’s Top 10 BEACON & ALERT Stories of 2011
<January 4, 2012> With the close of 2011, it’s time to look back on those stories that readers found most meaningful. Stratecon’s newsletters had another record year and our website activity continues to reach ever increasing heights as more and more readers seek out ALERT and BEACON stories to get “the scoop” on what’s happening in the technology business today. [Read more…] about Stratecon’s Top 10 BEACON & ALERT Stories of 2011
