Media playback is unsupported on your device

Sony finding it 'harder to make money' says analyst

27 January 2014 Last updated at 15:35 GMT

The Japanese electronic giant, Sony, has had its credit rating cut to junk status by ratings agency Moody's.

It comes after the Japanese company lowered its full-year profit forecast by 40% in October.

Increased competition, slowing demand and falling prices have hit many of Sony's key businesses, such as its TV division.

Davies Murphy's Group technology analyst Chris Green told BBC Radio 5 live's Beccy Meehan: "In recent years they've been finding it harder and harder to make money."