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.....
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.....
