(adsbygoogle = window.adsbygoogle || []).push({}); Investors in the company are not convinced that Sony can reverse its financial problems. And after shares fell more than seven percent to a near 32-year low yesterday when the company posted a record annual loss of £3.6 billion or $5.7 billion could it be true? The PlayStation manufacturer expects to rebound and report its first annual profit in five years for the 12 months ending March 31, 2013, but, according to Reuters, investors still are unconvinced the company can turn around its loss-making TV business and compete in the smartphone market against Apple and Samsung.

A trader from a US bank had this to say about the situation "I didn't see anything positive in there (Sony's results)". "There's really nothing in there that can justify buying the stock. You see the loss narrowing in the TV business. That's fine, but I don't see any future in the TV business, so it doesn't matter what they do."

An analyst for Goldman Sachs said "In our view, guidance for profit improvement in digital cameras, games, li-ion batteries and smartphones looks optimistic and we see downside risk. We think TV losses may be smaller than the company forecasts ... but we see significant downside risk to overall guidance."

What could this mean for Sony, can they come back?

Well, Sony has to be innovative with their products if they want people to buy them. Samsung TVs and their smartphones are everywhere while Sony is just releasing mediocre products. Sony should invest money to make better products because you have to "Spend money to make money" in a business perspective. Apple's stock price was very high as of $644 but the stock price is currently $568 and dropping because they made a poor decision on releasing the highly anticipated Ipad 3 which wasn't a big change to the Ipad 2. If Sony was part of the American stock market, I wouldn't invest in them either.

Very well said :y: