Sharp on Verge of Bankruptcy
There was a time when Sharp could charge $1,000 for a calculator. That was in 1966, however, and recent results show the company once leading in consumer electronics cannot keep up with technology and costs.
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President of Japan's electronics maker Sharp, Takashi Okuda, speaks as the company announces their first half financial results in Tokyo, Nov. 1. Yoshikazu Tsuno/AFP/Getty Images

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