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Despite strong PlayStation 4 launch, Sony’s credit rating drops to ‘junk’ status

  • Posted byby Dean Takahashi
  • Updated
  • 1 min

Sony had a successful PlayStation 4 launch during the holiday season, but Moody’s Investors Service has still cut the Japanese company’s credit rating to “junk” status.

Japan’s largest electronics maker is still struggling to win in the smartphone and tablet markets, even as demand is shrinking for TVs and personal computers. That’s a bad sign for the venerable Japanese brand created by pioneers Akio Morita and Masaru Ibuka in 1958.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.