Why You Probably Won't Find Amazing Sony Deals for Christmas

In the midst of the financiapocalypse, with consumers stuffing money in mattresses and sprinkling themselves with holy water to avoid the layoff plague, you might think companies like Sony would slash and burn their typically premium prices to move whatever HDTVs and Blu-ray players and cameras they could. Nope. We talked to Sony Electronics President Stan Glasgow this morning about why Sony is holding steady on prices and staying out of the low end, even as consumers are obviously looking spend less. He also dished about Circuit City's fairly grim prospects, Blu-ray sales not meeting expectations and why Sony knew the economy was going deep into the crapper in February, before Alan Greenspan.