Sony Ericsson Needs a Boatload of Money to Stay Alive
11:20PM May 20, 2009 | Matt Buchanan
Following the wretched quarter where sales dropped by almost half, Sony’s CFO said yesterday that Sony Ericsson desperately needed to raise cash—about 100 million euros ($US135 million)—this year to stay alive. [NYT]
Following the wretched quarter where sales dropped by almost half, Sony’s CFO said yesterday that Sony Ericsson desperately needed to raise cash—about 100 million euros ($US135 million)—this year to stay alive. [NYT]