loss

  • Sony returns to black in last quarter, sees signs of hope for the future

    Sony returns to black in last quarter, sees signs of hope for the future

    Sony hasn’t been able to report good news on the financial front for quite some time, but now it looks like things changed to the better. The company today said ["Sony Global Earnings Releases" in English] in Tokyo it returned to the black in the October-December quarter (Sony’s fiscal year ends March 31) with a handsome $1.6 billion operating profit. This is Sony’s… Read More

  • Sprint Nextel At A Loss For Q1

    Sprint Nextel At A Loss For Q1

    What a shock. I am stunned. The carrier with the coolest phones, most awesome rate plans, and best service ever, Sprint Nextel, posted a loss for Q1 of 2007. Well a company as awesome and rad as Sprint Nextel couldn’t have lost that much cash, right? Try $211 million. Sprint Nextel blames lackluster sales and the loss of high-quality subscribers for the loss. Word is that a lot of… Read More