Sony says holiday sales have been better than expected this season.
Sony Electronics President and Chief Operating Officer Stan Glasgow said Monday during a media roundtable in New York that this was due to his company's decision to avoid deeply discounting its products on Black Friday, according to a Reuters report.
"We are not a promotional company--Sony is a premium brand and we don't become the loss leaders in the industry," Glasgow said. "We generally don't expect to have a very good Thanksgiving or just-after Thanksgiving. It's been better than we expected and … Read more