Sony reported a 72% drop in profit in the most recent quarter, hurt by a stronger yen and the global slowdown. (Ouch!)

Drops in global and particularly American demand have been blamed, **contradicting the once popular notion that Asian economies were decoupling from the United States**.

[Read](http://www.nytimes.com/2008/10/30/technology/companies/30sony.html “Read”) (New York Times)