Last Thursday, Sony’s new CEO Kazuo Hirai gave a presentation where he vowed ?the time for Sony to change is now.? Sony is dealing with all kinds of competition and the company has not reported a profit since 2008. The situation at the company as very bad as they had to report $6.4 billion in losses this year. Hirai said that going forward, Sony will focus on three businesses: smartphones and tablets, cameras and camcorders, and games. However Sony will not retreat in TVs. ?It?s at the center of every home,? said Hirai. ?It is part of Sony?s DNA.?