Saturday, November 12, 2011

Whoa, Sony and Panasonic

Wow, I knew Sony was doing badly in its consumer division, but this article in SplatF shows just how much money they are losing in their professional division as well.  Combined with Pansonic losing $5.5 BILLION (much of it in their consumer TV division) this year, it really shows how much the landscape is changing at the top of the food chain.  Sony, however, did make a profit in their film division.  Panasonic will be closing facilities which will affect LCD and plasma production.  I still have not seen a break out of the financials for the professional products division at Panasonic.  What does all this mean for the era of professional quality gear with better and better specs at ever-cheaper prices?

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