Sony executives think Apple is ‘missing out‘ by releasing a new iPhone only once per year. Lee Bell with details from Sony Mobile Chief, Pierre Perron:
We definitely don’t want to miss out because the consumer is now getting access to 4G subscriptions more and more. In the UK particularly, those consumers have now got subscriptions that give them better experiences and we need to make sure that we answer to them, so Apple’s probably missing out at least this.
In other Sony news, Rachel King outlines Sony’s latest reorganization:
The consumer tech giant announced on Wednesday morning that it will be shuttering 20 stores. This in turn will result in approximately 1,000 layoffs at these locations nationwide.
Sony announced amid its last quarterly earnings report that it is planning to reduce its headcount by close to 5,000 over the course of the year.
Apple garnered nearly 90-percent of the smartphone and tablet industry profits last year.