What is going on with Sony?!

Sony, once one of my favorite brand due to their PlayStation division. When I was younger, the first console I ever received was the PS One of course that was succeeded by the PlayStation 2. Unfortunately I opted to get the Xbox 360 instead of the PlayStation 3, but this time around I plan on getting the PlayStation 4!

Over the past few years it’s been abundantly clear that Sony has been losing its ground, selling off divisions, getting hacked, Sony isn't in its prime anymore. With regards to selling off divisions, this may not be a bad thing, by cutting the fat, instead of supporting what’s bringing them down they might as well get rid of it. They've done a good job of that by selling of their Vaio computers and most recently selling their online gaming, they analysed the market and found that due to a change in the way consumers are gaming now, it was simply not profitable enough for them to continue running it.

My question? What will Sony inevitably cut lose next? Now there are still many divisions left at Sony from their TVs to their mobile, there are rumors circulating around the web right now about their TV division being sold off next, if that comes to fruition it may be safe to assume that Sony is planning on shrinking until they reach a point that they can turn around their current financial situation.

In my opinion it may be a smart idea to do so, as long as they don’t sell the PlayStation brand or any of the other divisions that are keeping it afloat.  I wouldn't mind if they sold Columbia studios, so Marvel studios could potentially gain the rights to put the Spider-man character into their movies.

One thing that would be interesting, if down the line Sony just became PlayStation, do you believe that the company would be profitable, would the PlayStation name suffer due to the other divisions under Sony being gone, or would the PlayStation go back to the glory days it enjoyed during the reign of the PlayStation 2?