Sony will have its own "ITUNES" soon!

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Sony, the big Japanese company, well known throughout the world for being the best in the business has seen its profits fall in recent months. The global recession did hit them hard with their 2 most selling items doing bad, the televisions and also the game consoles. Now they are thinking of another approach, going into the online market which never seems to go through any recession. Proven facts in Asia were that even though we were going through the worst recession in history, people still went online and bought stuff. Maybe that is why Sony knows it is going to be a safe bet after all.

Sony has tried the model before with going online using the playstation 3 and it has been a huge success. The new ITUNES, people will be able to upload their own videos and pictures and other people can download them too. People will be able to get songs, games, books and other items and Sony firmly believes it will be a huge success. By targetting the whole Asian market, it will make it a success since Sony can tailor its products to be more accustomed to the Asian theme.

Source: http://www.businessweek.com

Image: Ian Muttoo
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