Sony Ericsson drags hard on Sony's numbers
It's easy to think of Sony Ericsson as a little drop in parent Sony's gargantuan bucket, but yeah, that's not so much the case. News of the manufacturer's dismal fiscal performance did its fair part in sending Sony's earnings into a free fall, thanks to a cash payout just 3 percent of what it was a year ago -- ¥17.1 billion all the way down to a meager ¥0.6 billion. Talk of Sony's exit from the joint venture is terribly, terribly premature, but you've got to wonder: since the company isn't really a holistic part of the Sony ecosystem, how many consecutive quarters would a crappy balance sheet be tolerated? [Warning: PDF link]
[Via mocoNews]
