Sony's Fall from Grace

With all the hype around Apple, it can be hard to remember that companies like Sony also once elicited devotion and awe. We forget the revolutions of the Walkman personal tape player and the Trinitron television. Sony was an early innovator in transistors that went into radios and televisions. Some of its formats for storing data were revolutionary, such as the 3.5-inch floppy disk, while others, like Betamax videotape and the MiniDisc, were flops. Today the company is on the ropes, driven home by a Nov. 2 announcement that it expects a $1.2 billion loss in the coming fiscal year due to falling prices on televisions, floods in Thailand, and a stronger yen, according to Bloomberg. The company announced it would revamp its TV unit, and its stock hit a 24-year low on Nov. 16.

Click here to take a trip through Sony's best and worst products to see if the future will be reflected in the past.

 
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