[Tig] Apple vs. Sony

[Marc Wielage]

On 6/27/07 10:16 PM, "TSassoon at aol.com" <TSassoon at aol.com> wrote:

> And while Sony might be getting the poop knocked out of them in music
> players, retail stores and stock price by Apple, Apple isn't even in a
> hundredth of the business areas Sony is in.
>------------------------------<snip>------------------------------<

I'm not an apologist for Apple, but I think if you read the stock page,
you'll get a different picture about what Sony is worth today and what Apple
is worth today.

Sony made a gross income of about $64 billion last year, and about $1.04
billion in profit.

Apple made a gross income of about $19 billion, and about $1.7 billion in
profit.  Not that far apart, when you look at the latter.  But from a stock
point of view, Apple is far more successful at the moment (pending what the
iPhone does this coming weekend).

I would venture to say that Apple is the kind of company Sony was 10-15
years ago:  an innovative, much-imitated company that sets trends and
styles, rather than follows them, and prices their products higher than
their competition.  I'm sure Sony's consumer products division would love to
have the reputation that Apple does right now.


--Marc "Can't Wait to Get an iPhone" Wielage
Senior Colorist/Technicolor Creative Services
Hollywood, USA

NOTE:  The comments above are strictly mine, and may not necessarily
represent those of my employers.