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Sony Corp. engages in the development, design, manufacture, and sale of electronic equipment, instruments, devices, game consoles, and software for consumers, professionals and industrial markets. It operates through the following segments: Game and Network Services, Music, Pictures, Home Entertainment and Sound, Imaging Products and Solutions, Mobile Communications, Semiconductors, Financial Services, and All Others. Read More The Game and Network Services segment deals with gaming machines, software and network services. The Music segment produces and publishes music and provides image media platforms. The Pictures segment handles film production, television program creation, and media networks. The Home Entertainment and Sound segment offers LCD televisions, home audio, Blu-ray Disc players and recorders, and memory-based portable audio devices. The Imaging Products and Solutions segment provides digital imaging products, professional solutions, and medical goods. The Mobile Communications segment deals with mobile phones and internet services businesses. The Semiconductors segment provides image sensors and camera modules. The Financial Services segment manages the life insurance and non-life insurance operations and banking business. The All Other segment includes personal computer (PC) business, overseas Blu-ray Disc, DVD and CD manufacturing, and battery business. The company was founded by Akio Morita and Masaru Ibuka on May 7, 1946 and is headquartered in Tokyo, Japan.
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Should Sony Pull the Plug on Its Smartphone Business?
Sony (NYSE:SNE) is an industry titan in video games, movies, music, and consumer electronics. However, it's been a perpetual underdog in the smartphone market, and investors often wonder why Sony keeps the money-losing business alive. Jefferies analyst Atul Goyal, who recently downgraded Sony from "buy" to "hold," said it was "a disappointment and a strategic mistake" for the company to stick with its smartphone business. Goyal warned that the unit's continual losses, along with a slowdown in its gaming bu...
Sony (SNE) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, Sony (SNE) closed at $44.01, marking a +1.69% move from the previous day. Sony (SNE) closed the most recent trading day at $44.01, moving +1.69% from the previous trading session. The stock outpaced the S&P 500's daily gain of 1.09%. Meanwhile, the Dow gained 0.84%, and the Nasdaq, a tech-heavy index, added 1.42%. Prior to today's trading, shares of the electronics and media company had lost 7.68% over the past month. This has lagged the Consumer Discretionary sector's loss ...
Expected Apr 26, Pre-Market