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Moody's cuts Sony's credit rating to junk

16 Comments

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16 Comments
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Sony used to be the premium brand in electronics during the 80's through the mid 90's now only to be replaced by brands like Samsung, LG and Apple.

WOW How the mighty has fallen!

1 ( +8 / -7 )

Sony's PC and TV businesses have been giant zombies for over 10 years now, with Sony never having the guts to restructure them into subsidiary businesses then closed. Sony should just be split into separate movie, playstation and battery businesses, and the rest gotten rid of.

1 ( +5 / -4 )

only to be replaced by brands like Samsung, LG and Apple.

Replaced??? In which world do you live? First of all, no company has replaced sony. Yes apple and samsung and lg have become bigger but apple and samsung mostly because of their smartphone sales and LG because its a cheaper electronics brand.

-3 ( +5 / -8 )

Moody's is still rating companies and countries? Isn't Moody's one of these credit rating agencies that played a big role in facilitating the subprime mortgage swindle? Why do we still listen to them?

However I must say, Sony is not in the company it used to be, I was shocked when I found out the new Playstation 4 was made in China by Foxconn, I still have a first generation PS2 and it is made in Japan. Sony used to be managed by engineers and technicians, now they are all about MBA, MBA and MBA...

Are there still Sony factories? Sony is turning into a fabless company.

7 ( +11 / -4 )

Sony is crap. I had a Sony TV, it died when the Sony timer ran out.

-6 ( +6 / -12 )

Moody's is still rating companies and countries? Isn't Moody's one of these credit rating agencies that played a big role in facilitating the subprime mortgage swindle? Why do we still listen to them?

Absolutely correct, they have no credibility and should them selves be down graded right out of business.

2 ( +5 / -3 )

There are two types of Sony products - mass production and elite/top of the line products. Sony mass production products are about on par with Samsung and LG. Sony top of the line products are equal to Apple.

You get what you pay for. If you aren't buying Sony's top end models you don't know Sony or want Sony. They are professional/industry/medical grade. Those who bicker about them being too expensive or have quality beyond what middle class consumers need can just continue to purchase other brands every 2-3 years.

-1 ( +3 / -4 )

Yep, most people only know Sony for their consumer products. Sony produced some top-notch audio effect processors in the early 90s. Unfortunately they disbanded that department.

0 ( +1 / -1 )

Sony`s not bad but I went with a Sharp Aquos TV last year cuz it had an excellent picture and an English menu option.

2 ( +2 / -0 )

There was a time, 10 years or more ago, I would only buy Sony or at least before other products because they were great products and a great company with very good customer service. While my tape machine went for repair, Sony sent me another to use. Today, I don't even think of buying Sony?

2 ( +3 / -1 )

I love Sony, always have. Now is the time to support them in their time of need, does loyalty mean nothing anymore?

-5 ( +0 / -5 )

Pointoview, me too, the last few TV I have in the last few years are sharp, ENGLISH MENU!!, the other is the typical Japanese only! lol

0 ( +0 / -0 )

Junk company? LOL. Regardless of what status they give, I'm still going to buy my PS4 and going to see THE AMAZING SPIDERMAN 2 http://www.youtube.com/watch?v=nbp3Ra3Yp74

1 ( +1 / -0 )

"now they are all about MBA, MBA and MBA..."

Are you kidding?! The former CEO was a Welsh journalist!

0 ( +0 / -0 )

Moody does not know Sony USA is Sony Picture Entertainment, Sony Television Entertainment, CBS Sony, Sony CBS, Sony Sony Dony on TV channels. Sony couldn;t care less of ts credit ratings. The end of TV show credit, Huge three lines of Sony name etc,

0 ( +1 / -1 )

So what.

0 ( +1 / -1 )

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