“The market’s expectation about Sony is for the company to again become a creator of the Walkman” From Bloomberg.com: Sony plans to win back customers ... by concentrating on mobile devices, games and digital imaging. TVs aren’t on (the) list. They are falling back on products that made Sony a trendsetter in the 1980s before competition with Apple and Samsung pushed Sony into four consecutive losses, culminating in yesterday’s announcement that the company will cut 10,000 jobs. Sony fell the most on Japan’s benchmark Nikkei 225 (NKY) Stock Average today after unveiling the plan, which includes a one-time charge of 75 billion yen ($926 million) for restructuring costs this fiscal year. Sony Corp. will cut about 6 percent of its workforce, two days after reporting a record loss as new Chief Executive Officer Kazuo Hirai implements the company’s biggest labor reduction in three years. Sony lost 714 billion yen on TVs in the past eight years as demand for its Bravia models slumped. It will cut costs at the TV unit and reduce the number of models to reach the same profitability target... More @ Bloomberg.com Ed. note: Walkman? Really?