Enderle: Sony's last days - anticipating bankruptcyEnderle: Sony's last days - anticipating bankruptcy
Friday, November 11, 2005 - 01:00 PM EST
"Sony hasn’t had a good year and things are about to get much worse. With litigation against the firm proliferating at an impressive pace and the danger of both astronomical penalties and criminal filings increasing it is becoming increasingly likely that we may be seeing the last days of this once great firm," Rob Enderle writes for Technology Pundits.
"In case you missed it, Sony’s record label Sony BMG issued CDs with rootkits that, when installed, open Windows up to a variety of nasty attacks. Currently there are two Trojans and one Bot in the wild exploiting these Sony sourced weaknesses. In addition there is one class action law suite that has been filed in California and two pending in New York and Italy, with the potential for as many as there are States and countries very high," Enderle writes. "Sony’s response has been 'who cares' http://www.theregister.co.uk making it likely that judges are not going to be kind in either their approach or the level of pain they inflict on the firm. Odds are we will see executive changes shortly."
Enderle writes, "Regardless, whether you agree with Dan Gillmor and want to make a point or simply want to protect yourself (getting service out of a bankrupt company can be really painful) avoiding Sony products would probably be a good idea right now."
Enderle provides a set of links about the Sony fiasco here.
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MacDailyNews Take: Even a blind squirrel finds a nut once in a while. Shockingly, Enderle's making sense here about avoiding Sony products right now. Bankruptcy, however, is highly questionable.
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