I ought to be feeling a little schadenfreude at the struggles of Sony, the legendary electronics firm that just projected its biggest ever loss of more than $6 billion.
My first job out of college was at Panasonic (formally called Matsushita Electric) which is a bigger, older company that always had arguably better technology but lacked the marketing pizzaz of the upstart. I was taught that Sony wasn't much more than a few trendy products.
But over the years I've been secretly hoping that Sony management would somehow find a way to integrate hardware, software and content to create a serious competitor to Apple, Microsoft and the others. That sure didn't happen. After years of drift, Sony just named a new CEO, who announced some restructuring and recalibrated direction.