Panasonic Loss $4B Loss, 14% Sales Drop (article link)

[HDTV1080P]

http://www.twice.com/article/CA66586...?desc=topstory

[Sonny]

Originally Posted by HDTV1080P

http://www.twice.com/article/CA66586...?desc=topstory

Thats crummy... If they jump ship we won't have ANY chance of decent displays in the future.


Lets see some pic's of that 141FD you have over there!!

[My_Two_Cents]

Originally Posted by Sonny

Thats crummy... If they jump ship we won't have ANY chance of decent displays in the future.


Lets see some pic's of that 141FD you have over there!!

Before we start preaching gloom-and-doom, let's try to put this in perspective. We are in a world-wide recession, so naturally sales/earnings are down. How do they compare to Sony, Samsung, LG, Etc? Comparable.

Look at the specifics:

14% - Overall sales drop
21% - Drop in components & devices sale
19% - Drop in automotive electronics sales
13% - Drop in digital AVC networks sales
9% - Drop in home appliance sales
6% - Drop in audio/video equipment sales

[Sonny]

Originally Posted by Ricshoe

Before we start preaching gloom-and-doom, let's try to put this in perspective. We are in a world-wide recession, so naturally sales/earnings are down. How do they compare to Sony, Samsung, LG, Etc? Comparable.

Look at the specifics:

14% - Overall sales drop
21% - Drop in components & devices sale
19% - Drop in automotive electronics sales
13% - Drop in digital AVC networks sales
9% - Drop in home appliance sales
6% - Drop in audio/video equipment sales

I'm not preaching anything... "We" don't know where companys will be in the future. Time will tell.

[My_Two_Cents]

Originally Posted by Sonny

I'm not preaching anything... "We" don't know where companys will be in the future. Time will tell.

I know you aren't, but others will jump on this in a vain attempt to support their "plasma is dying" agenda. Just wait and see...

[Blu-Dog]

Originally Posted by Ricshoe

I know you aren't, but others will jump on this in a vain attempt to support their "plasma is dying" agenda. Just wait and see...

Consumer spending has been slammed. It will be slow to rebound.

But it will rebound.

[My_Two_Cents]

Originally Posted by Blu-Dog

Consumer spending has been slammed. It will be slow to rebound.

But it will rebound.

I did my part to help this week by buying a new computer.