Following the wretched quarter where sales dropped by almost half, Sony's CFO said yesterday that Sony Ericsson desperately needed to raise cash—about 100 million euros ($135 million)—this year to stay alive. [NYT]
Following the wretched quarter where sales dropped by almost half, Sony's CFO said yesterday that Sony Ericsson desperately needed to raise cash—about 100 million euros ($135 million)—this year to stay alive. [NYT]
DISCUSSION
I had two crap Sony Ericsson phones on a crap network (Cingular/ATT) and will shed no tears to see their lousy hardware disappear from the marketplace.