Submit an Original Article

Sony's Exclusive Ultra HD Videos Could be Impossible to Stream

From Rumors
January 8, 2013 - 12:20pm
In an interview with Bloomberg, Sony (NYSE: SNE) CEO Kazuo Hirai said that his company must release one product at a time to have people understand, "Wow! Sony is really starting to get its mojo back." Sony hopes that its "mojo" can be retrieved by selling a host of new Xperia smartphones, Bravia televisions and Handycam camcorders. These are the same kinds of items that Sony has been struggling to sell during each of the last four years when the firm failed to turn a profit. The Japanese tech giant hopes that consumers -- rich consumers -- will fork over $25,000 to buy the company's first (and currently its largest) 4K Ultra HD television. Smaller (55- and 65-inch models) will come at a later date for an unknown price. Thus far, film studios and television networks have yet to produce content that takes advantage of these high-end TVs. To entice consumers and fill the content vo...

Continue reading this article »

Share This Article:

Submit an Original Article

Wall Street Buzz

MOST POPULAR