Recs

0

Sony Phones Home

Sony (NYSE: SNE  ) disappointed me earlier this week with its anti-piracy disaster, and I'm trying hard to get past that as I ponder its latest announcement. The company has baffled me with many of its recent less-than-stellar moves, and I was equally mystified today when the company unveiled plans for a free voice over Internet protocol (VoIP) product. Say what?

I settled down a bit after digging past the headlines to get the real scoop. Telephones would be an odd fit among Sony's host of consumer product lines, but this is actually a videophone service, which makes a bit more sense.

The new service, not-so-catchily dubbed Instant Video Everywhere, will be bundled on Sony's new Vaio BX laptops. The computers come equipped with built-in video cameras, which should make the transition to videophone easy for any interested users.

Sony's plan is another sign of VoIP's increasing importance, most recently underlined by eBay's (Nasdaq: EBAY  ) acquisition of Skype. It's not exactly groundbreaking, though. Plenty of other companies have computer-based video and voice chat already available or on the drawing board, including Yahoo! (Nasdaq: YHOO  ) , Time Warner's (NYSE: TWX  ) America Online, and Apple Computer's (Nasdaq: AAPL  ) iChat.

Sure, Sony's video chat add-on shows that the company is interested in one of the hottest ideas around. But given Sony's ongoing massive restructuring efforts, and the anti-piracy shenanigans that may have eroded their customers' trust, the company's VoIP efforts might end up overshadowed by larger concerns.

Time Warner and eBay are longtime Motley Fool Stock Advisor picks. To get the full list of recommended stocks from David and Tom Gardner -- including the latest picks -- sign up today for a 30-day free trial.

Alyce Lomax does not own shares of any of the companies mentioned.


Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

DocumentId: 498230, ~/Articles/ArticleHandler.aspx, 2/23/2012 12:05:20 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 1 hour ago Sponsored by:
DOW 12,938.67 -27.02 -0.21%
S&P 500 1,357.66 -4.55 -0.33%
NASD 2,933.17 -15.40 -0.52%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

2/22/2012 4:00 PM
TWX $37.08 Down -0.49 -1.30%
Time Warner CAPS Rating: **
YHOO $14.50 Down -0.25 -1.69%
Yahoo! CAPS Rating: **
SNE $20.88 Up +0.22 +1.06%
Sony Corp (ADR) CAPS Rating: **
AAPL $513.04 Down -1.81 -0.35%
Apple CAPS Rating: ***
EBAY $34.67 Down -0.47 -1.34%
eBay CAPS Rating: ***

Advertisement