Sony Corporation
Than fifty years, “Sony”, founded by: Honorary Chairman Akio Morita, has been leading the industry in a number of areas. Sony has changed everyone’s life as we know it. From producing batteries to the new wireless networking system, they are number one. Have you ever wondered who produced the system, they are number one. Have you ever wondered who produced the great games you love to play or the MP3 player you got from your husband? From DVD movies, to digital cameras and camcorders, Sony is leading the world into a new frontier. Electronics, games, music, pictures and insurance are just a few of the side products of the billion-dollar company.
Sony has four products categories as gateways to the networked world: digital TV’s and set-top boxes, VAIO home-use PCs, mobile devices and the best selling of them all is the Playstation 2 (PS2). With all of the new products like the PS2 and Sony.com, released their sale were still low. Sony consolidated net sales decreased 1.7% and operating income fell 30.9%. However, on a local currency basic, it as a year in which Sony’s businesses performed well. The PS2 went on sale in 2000 and shipped over two million units in less than three months.
The biggest reason for me choosing this company was because of the great products they produce. From Vega’s TV’s to blockbuster motion pictures and all that fall in between, Sony has proven to be a well-rounded company. Sony’s Internet service provider So-Net, which has operated in Japan since 1996, offers some great features like: network-based content and service. In February 2000, Sony established SonyStyle.com in Japan to conduct marking and sales of Sony products. As a hardware company and a provider of content and services they are number one in many of today’s homes.
At the end of march 2000, the market capitalization of Sony Corporation was ¥13 trillion. This was a big increase form the previous year amount of ¥4.5 trillion. Income before taxes and net income figures for the year included gains of ¥58.7 billion and ¥30.7 billion. Sony’s financial conditions are now strong and remain strong. Total assets increased by ¥508.1 billion, or 81%, this year. It was estimated that the total assets would have increased by approximately 15% compared with the previous year.
During the mid 2000’s until late 2012, media mogul Rupert Murdoch’s newspaper company, News Corp, conceived one the biggest scandals in media history to date. Speculation of phone hacking occurred in November of 2005 when the Royal’s officials reported possible voice mail phone hacking to the police because News of the World released a story about Prince William hurting his knee. The victims of the phone hacking scandal not only included the Royal family but also politicians, celebrities, people who were murdered, and family members of soldiers who died during combat totaling the victim list to 3,870. The entire duration of the investigation revealed not only disturbing information about the conducts committed by journalist, but the conspiring with private investigators and the London police enforcement, also known as the Scotland Yard, to cover up corruptions on all ends (CNN, 2012).
The PS2 offers a reasonably powerful processor, about 297MHz (Megahertz). It may seem a little bit on the sluggish side compared to the processor of Xbox, about 733MHz, and to the GameCube processor, about 485MHz. If you ask me, I think that 733MHz is a little much for a gaming console, it’s just plain ridiculous. The PS2 has enough power to run high quality games. And with the planned decrease in cost for the PS2, you should be able to get one for lower than the normal price, $299, sometime in the near future. Microsoft cannot decrease their price for Xbox, $299, because they are already losing money selling systems, about $50 a system sold. So that tells you that the PS2 could match the price of GameCube, $199, before long.
There are few things on the minds of gamers more then the current console wars between the PS4 and the Xbox One. This time, the field is nearly level on the hardware front and the services offered are very close. The devices are very similar but there are some obvious differences. Microsoft and Sony have different end games in mind and their products reflect those philosophic differences. It is in the fine details that the differences will emerge.
The company had to be the second largest retailer shop in the US; it has many advantages that come along. The customers well acknowledge the company and its brand have been well established.
The Sony Playstation 3 (PS3) is the most recent game consoles by Sony Inc. to come out. Becoming the trilogy of the Playstation series, the PS3 packs many of the same or similar characteristics as the Playstation 2 (PS2). But it also has its own characteristics which places it on another level. Being a highly priced console (ranging from $400-$600), there is a lot offered from the PS3 console. It includes high-definition graphics (HDTV compatible), a Blu-ray disc hard drive, wireless controllers, Gigabit Ethernet, and a built-in Bluetooth. There is also plenty of memory space available on the console. Sony has generated four versions of the PS3; there is a 20GB, 40GB, 60GB, and 80GB PS3 game system. The PS3 has many wonderful features available, much worth the cost of an upgrade from the PS2. So get ready for an experience of a life time; like nothing you’ve experienced with the PS2; as there is plenty to explore while playing the PS3 game console.
I have researched the Motorola Incorporation and with the information have created a strategic audit for them. Motorola is the leader in global communications. They are currently revolutionizing broadband. The companies headquarter is in Schaumberg, Illinois with 320 other facilities in 73 countries. Motorola's CEO and Chairman is Edward J. Zander and employs more than 9,000 people worldwide and had sales of $42.9 billion in 2006. Motorola today has three business segments: 1) Mobile devices 2) Home and networks Mobility and 3) Enterprise Mobility solutions. This company has come a long way since its first product which was the battery eliminator in 1928 and they have also been recognized for their dedication to ethical business practices. Their products over the years have grown and changed along with their drive for excellence which has become stronger than ever. What more can this company do? The strategic audit I have prepared might shed some light on some ideas for them.
whole process down to a 't'. In fact, in 1995, Sony was turning out 4
Eastman Kodak is one of the oldest companies in the world, being founded way back in 1888. It was founded in New York and is still headquarter there. Over the course of the last century and more, this company has been a leader in developing new technology in photographic film. It helped to lead the revolution toward new, innovative cameras and film technology during the 1960s and 1970s. The peak of the company’s success came in the 1970s, when it controlled more than ninety-percent of the market share for photographic film. Perhaps more indicative of its success as a company is the fact that instead of referring to things as “film,” many during that time referred to film by the company’s brand name of Kodak. Today, it has shifted its strategy away from film and more toward digital camera sales, which have surged as a result of the change in philosophy.
"Business & Money." A History of Video Game Consoles. N.p., n.d. Web. 21 Nov. 2013. .
The playstation had a lot of competition such as the xbox, sega dreamcast, and the nintendo gamecube. The playstation 2 ended up being the best selling console with 150 million consoles sold worldwide, and more than 3900 games released for the playstation 2. Since the launch of the playstation 2 there have been over 1.5 billion copies of games sold. Sony later released a slim model of the playstation 2 in 2006. The playstation 2 stopped production in 2013 after 13 years of it being
Besides the competition from Sony and Nintendo, few other companies have produced similar products. According to PC Magazine, currently Sony has higher sales than Microsoft but Microsoft is making more money than its other competitors. According to market research group NPD, more than 772,000 Xbox One games were sold in February, while 2.46 million Xbox 360 games also exited shelves. The combined sales figures made for 48 percent of the total software market share. The Xbox One is also averaging 2.75 games sold per console. Therefore, the threat of substitute products is very low.
Processes, Inventions, Innovations and the Internet. Within the UK there may be a shortage of IT workers which can cause a hinder Sony, within the IT department, shortage of IT workers can. cause inconsistency when a computer breaks. Mechanisation and automation- The production, storage and marketing of Sony products.
Philips’ major rival, Matsushita, started as a small electrical house-ware manufacturer in 1918. The company expanded rapidly and soon introduced a flood of new products. By the end of the century, Matsushita grew into a global player with powerful brand names such as Panasonic, Quasar Technics, and JVC.
Sony as a global leader in electronics, faces stiff and intense competition from its numerous and diverse competitors such as Matsushita Electric Industrial Co. and Samsung Electronics Co. According to Wall Street Journal, Sony’s Chief Financial Officer, Nobuyuki Oneda said, "The competition is considerably tougher than we thought, referring to the TV-set industry. Prices are coming down at a faster rate than we had expected, particularly in the U.S. (Kane Y., October 26, 2006, Sony Warns of Pricing Pressures for TVs as Profit Plunges 94%)" Sony has begun to realize the extent to which price deter...
Thirdly, the company is committed to delivering superior quality of products and services. It earned a reputation of a convenient and reliable brand that offers the lowest prices, one of the fastest and lowest shipping, widest selection of goods, and many additional features with its services.