Sony reports record loss

Discussion in 'Economy' started by Nova78, May 10, 2012.

  1. Nova78
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    Nova78 Silver Member

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    Sony reports record annual loss | Comcast

    Sony Corp. racked up a record annual loss of 457 billion yen ($5.7 billion) in its fourth straight year of red ink as the once-glorious maker of the Walkman and PlayStation struggles toward a turnaround under a new president.

    The electronics and entertainment company, which also makes "Spider-Man" movies, reported Thursday a loss of 255 billion yen ($3.2 billion) for the January-March period — its fifth straight quarterly net loss to round out a fiscal year that was the worst in its 66-year corporate history.

    Put a fork in it ,its done.....:eusa_shifty:
     
  2. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    Not necessarily. Japan just signed a "Free Trade" deal with China so Sony should be doing better after those jobs go there.

    Now the Japanese people on the other hand...
     

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