Sony’s Exploitation


Sony’s choice to present their loss as 199 million is a public relations deflection and very similar KFC or Taco Bell selling a shoddy meal for $ x.99. It is an attempt to not scare the shareholders (and customer base) about the real cost and to feel better about something that is substandard.

Reflecting upon the whimsical way Sony allowed their customer’s (and shareholder’s) information to be availed for exploitation, including the exploitation by Sony’s “executives” (and I use that word loosely) using their databases for exploits, industrial espionage, market manipulation, and cowing.

One could expect Sony to manipulate their finical sheets to slow the death march, which upon review is incredibly similar to Enron’s ignored decent before the accounting fraud gave the final and fatal blow.

One has to ask Sony;
Where are the billions lost during 2009 accounted?
Where are the billions lost from this year accounted?

Sony is riding a bubble very similar to the Enron bubble. Media and public relations are a core part of Sony’s essence and Sony does a good job at spinning news and pretty webs of deception. However, webs do not protect against barreling facts.

Culling corruption is a tedious endeavor and takes tenacity. Consequently, even though Sony is a powerhouse media empire, the culling will eventually arrive. It did for Enron, it will for Sony.
http://www.guardian.co.uk/technology/blog/2009/jan/22/sony-losses

http://www.huffingtonpost.com/2011/07/28/sony-losses-2011_n_911937.html

Advertisements

One comment on “Sony’s Exploitation

  1. Julia says:

    Sony will be posting a net loss for the fifth time in six years. predicting a massive loss of 110 billion yen, or $1.1 billion, for the fiscal year, a drastic change from its prediction three months ago of a 30-billion yen profit ($294 million).
    sweet news to read.

    And you can bet your last bit coin the high end sets will have a exploit in them

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s