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The Sony logo is seen outside the company’s headquarters in Tokyo. Sony has sold its U.S. headquarters in New York as well as two major buildings in Tokyo in the past few years.
The Sony logo is seen outside the company’s headquarters in Tokyo. Sony has sold its U.S. headquarters in New York as well as two major buildings in Tokyo in the past few years.
(Itsuo Inouye/AP)

Apple be warned: Sony offers lesson on perils of losing your edge

There was a time when the mere mention of the name Sony evoked images of cutting-edge consumer products featuring elegant yet functional designs – much as Apple does now.

But the once formidable Sony Corp. has become strictly an also-ran in the high-tech consumer sweepstakes, jettisoning once-profitable business lines and falling further and further behind powerful and more nimble rivals.