[Reuters] Sony slides to three-decade low on strategy doubts

Posted by: UGN Security

[Reuters] Sony slides to three-decade low on strategy doubts - 05/11/12 10:18 AM

TOKYO (Reuters) - Shares in Sony Corp slumped more than 7 percent to near 32-year lows, as investors doubted the Japanese consumer electronics giant has a strategy to fix its loss-making TV business and compete in the smartphone market against Apple Inc and Samsung Electronics.