"I have no concerns about the competition."
- Phil Harrison, president of Sony Worldwide Studios speaking at the Game Developer Conference
"I dont think were arrogant."
Phil Harrison, regarding consumer perception of Sony
I knew they were doing bad financially but haven't examined them in a while but re-looking at their income statement and balance sheet is
Sony (NYSE:SNE) Credit Rating Put on Review for Possible Downgrade by Standard & Poor
They do for another downgrade by S&P on their debt.
Financial Statements for Sony Corporation (ADR) - Google Finance
They seeing deep red while racking up more long term liabilities. It does seem like a RIMM situation to whoever said that. In the 90s, Sony could do no wrong the market is brutal if you slip up