Wednesday, July 23, 2008

Ericsson and Sony

I'm still bullish on Sony, but this bad news from Ericsson is something that needs to be watched.

http://techland.blogs.fortune.cnn.com/2008/07/22/ericsson/

It was good news that the handset sales in the Sony/Ericsson joint venture were flat, but trouble at Ericsson could mean some red for Sony as well. I think the PS3 and BlueRay future will outshine the handset side of the business. As long as that at least remains flat I'm still bullish on Sony over the next year.

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