The Difficulties of Panasonic and Samsung Stock over the Past 10 Year
Running head: Panasonic/Samsung
The difficulties of Panasonic and Samsung Stock over the Past 10 Year Financial Accounting: Statement Analysis & Decision Making BE 310M By: The Four Elements: Brenda Clay-Ozenne School of New Dimensions Albertus Magnus College May 5, 2013
This paper was prepared for Financial Accounting, BE 310M, taught by Instructor Mark Vausio.
Running head: Panasonic/Samsung
What has these two Companies been doing over the past ten years? Well according to their Company’s profile and stock reports, they have not been doing very well over the past 2-3 years.
Panasonic has not shown a very favorable return on their stocks in the last 3 years. "Their historic leadership in key areas such as TVs, audio devices, mobile phones[->0] - it 's been eroded by the likes of Samsung and Apple. In addition, it has been too long since they have come up with successful, market-leading must-have products. We don 't see this changing over the next 2, 3 years.” [1]
Panasonic Better Positioned
To turn around its fortunes, Panasonic, maker of the Viera TV, is looking to expand its businesses in appliances, solar panels[->1], lithium batteries, and automotive components. Appliances account for around only 6 percent of the company 's sales, but generate margins of more than 6 percent and make up a big chunk of operating profit, Reuters reported.
(Read More: Panasonic Cleans House with Write downs, Sees $9.6 Billion Loss)
Sony, creator of the Walkman cassette and CD player, is focusing on consumer gadgets such as digital cameras and gaming devices.
Jamieson said Panasonic is in a better position than Sony to survive the slump because it has a
The difficulties of Panasonic and Samsung Stock over the Past 10 Year Financial Accounting: Statement Analysis & Decision Making BE 310M By: The Four Elements: Brenda Clay-Ozenne School of New Dimensions Albertus Magnus College May 5, 2013
This paper was prepared for Financial Accounting, BE 310M, taught by Instructor Mark Vausio.
Running head: Panasonic/Samsung
What has these two Companies been doing over the past ten years? Well according to their Company’s profile and stock reports, they have not been doing very well over the past 2-3 years.
Panasonic has not shown a very favorable return on their stocks in the last 3 years. "Their historic leadership in key areas such as TVs, audio devices, mobile phones[->0] - it 's been eroded by the likes of Samsung and Apple. In addition, it has been too long since they have come up with successful, market-leading must-have products. We don 't see this changing over the next 2, 3 years.” [1]
Panasonic Better Positioned
To turn around its fortunes, Panasonic, maker of the Viera TV, is looking to expand its businesses in appliances, solar panels[->1], lithium batteries, and automotive components. Appliances account for around only 6 percent of the company 's sales, but generate margins of more than 6 percent and make up a big chunk of operating profit, Reuters reported.
(Read More: Panasonic Cleans House with Write downs, Sees $9.6 Billion Loss)
Sony, creator of the Walkman cassette and CD player, is focusing on consumer gadgets such as digital cameras and gaming devices.
Jamieson said Panasonic is in a better position than Sony to survive the slump because it has a
References: Diversification might not be a blessing for the S. Korean tech giant Apr 29, 2013, 4:00 pm EDT | By Brad Moon[->14], Investor Place Contributor