Sony Gives Up On Consumer Electronics...What Happened? | Logically Answered

Sony Gives Up On Consumer Electronics...What Happened?
Sony is one of the most iconic electronics companies of all time. From the Walkman to their modern TVs, Sony has been one of the longestliving electronics companies in the world, but more recently, Sony hasn’t been doing all that well. You see, ever since the turn of the decade, Sony has been slowly losing industry after industry, and during the worst of it, they were actually posting losses for several years. Much of this was due to stiff competition in all of their core industries from players like Apple, Samsung, and LG. But, much of this was also due to questionable leadership that didn’t quite understand the value proposition of Sony. Despite all these headwinds though, it seems that Sony has actually started to make a turnaround thanks to their background business of selling camera sensors for smarthpones. They’re by no means close to their peak but they are in a sustainable profitable position which is a lot better than many of their Japanese peers. This video explains the rise and fall of Sony’s consumer business and what happened to Sony.

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Timestamps:
0:00The State Of Sony
0:31Death Of An Empire
5:31Dwindling Markets
10:32A New Hope

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Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.Find Logically Answered on YouTube: https://www.youtube.com/@LogicallyAnswered/Disclaimer: This podcast is an independently created audio adaptation of content originally published by Logically Answered. This is a fan made podcast that appreciates the channel’s insightful approach to knowledge and aims to make it accessible to those who prefer listening over watching. This podcast is not affiliated with, endorsed by, or officially connected to Logically Answered in any way. All rights to the original content belong to Logically Answered. If you have any concerns, please reach out.
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