Wednesday, November 18, 2009

Sony chief executive outlines turnaround plan (AP)

Sony Corp. Chief Executive Howard Stringer speaks during a press conference, outlining Sonys turnaround strategy at the electronics giants headquarters in Tokyo, Japan, Thursday, Nov. 19, 2009. Sony said it aims to be profitable in gaming and flat-panel TVs by the fiscal year ending March 2011 as it slashes costs to turn around money-losing businesses. Our work is already bearing fruit, Stringer said. We still have more work to do. (AP Photo/Shizuo Kambayashi)AP - Sony said it aims to be profitable in gaming and flat-panel TVs by the fiscal year ending March 2011, pushing 3-D technology as a way to showcase its strength in entertainment and surface from deep losses.

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