The Economist (US), May 30th, 1992
Sony's operating profits are down 44% this year, and the company is hoping to earn new revenues by marketing the Mini Disc, a portable, recordable CD player . Sony will also release approximately 500 pre-recorded music discs to be used with the system. This format is not likely to do well in the market. Other Sony business ventures are also discussed.
WHEN the chips are down, the gambler in Sony invariably comes to the fore. Even by the standards of Japan's battered consumer-electronics industry, Sony has just reported some horrendous results for the year to March 1992. Though its sales world...
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