Technology 5 Ways That Sony Screwed Up

Remember the Walkman? That magical little device made the Sony brand so untouchable that signing Micheal Jackson, buying up the Beatles catalog, and repeatedly caking off of everything that had a plug on it was no problem? If you owned Sony stock in the '80s, your grandkid’s grandkids were gonna be eating steak. And then everything went horribly wrong.

Today, the New York Times is reporting that the Japanese mega electro-brand is set to post $1.1 Billion in losses, and some analysts are guessing that it might even be as high as $2 Billion. If you’re a current stockholder, and you bought based on the projections that the brand was anticipating $2.2 Billion in profit come March, you are bumming. This marks the first year in the past 14 that Sony will post a loss. But if you ask us, the cards have been stacked against the brand for years. Read on to see the company’s 5 biggest mistakes that got them to where they are today…