Sony's (SNE) insistence on holding onto its TV division could be costing shareholders tens of...

|About: Sony Corporation (SNE)|By:, SA News Editor

Sony's (SNE) insistence on holding onto its TV division could be costing shareholders tens of billions in potential gains. The TV division has lost money for the last seven years, ceding share to both high-end and low-end vendors, and is expected to lose nearly $1B in 2011. On Thursday, Sony slashed its profit outlook for the year.