November 2nd, 2011

Sony Forecasts US$1.15 Billion Loss For This Fiscal Year

Image (1) 6_sony_logo_w.jpg for post 377104

Sony issued their latest financial results today, and in a nutshell, the numbers aren’t looking good for the second quarter of the fiscal year, and they aren’t expected to improve for the fiscal as a whole either. Big S lost US$346 million in the quarter that ended on September 30, while the company reported US$397 million in profit in the same time frame last year.

Sony revised both forecasted… → Read More