Loeb's Third Point Sells Stake in Sony

The transcript discusses Sony's recent stock performance, highlighting a 3% increase due to investor pressure, particularly from activist investor Third Point. Despite this, concerns remain about Sony's financial health, with expectations of another annual loss. The upcoming earnings report is anticipated to show a significant loss, with analysts focusing on whether positive news from the entertainment sector and PlayStation 4 can offset negative trends in the smartphone division.

What was the percentage increase in Sony's shares recently?

• 4%

• 3%

• 2%

• 1%

What is the main disagreement among investors regarding Sony's business strategy?

• The expansion into new markets

• The complete sale of the entertainment business

• The partial spinoff of the entertainment business

• The acquisition of new technology firms

How many years out of the last seven has Sony experienced a loss?

• Four

• Five

• Six

• Seven

What is the expected financial result for Sony in the upcoming second quarter?

• A significant profit

• A minor profit

• A significant loss

• A break-even result

Which sectors are expected to have a positive impact on Sony's financials?

• Smartphones and tablets

• Entertainment business and PlayStation 4

• Home appliances and televisions

• Cameras and audio equipment