Walmart Black Friday 2008 Circular Scans published  |  Top 100 Holiday Gadget Gift Guide

Sony announces biggest Loss in 4 years because of PS3

Posted on Wed, 16 May 2007 01:29:12 CDT | by Luigi Lugmayr

More Gaming News

Sony announces biggest Loss in 4 years because of PS3

Related Stories

Latest in Topic

Sony just announced its reported its biggest loss in four years.

The net loss of Sony totaled 67.6 billion yen ($562 million) in the three months ended March 31st.

The loss of the PS3 and costs of the notebook battery recall (9.6 million batteries!) is exceeded profits from electronics such as Bravia TV, Sony Ericssion and the movie unit.
On the positive side, Sony expects sales to grow 5.8% to 8.78 trillion yen and operating profits of 440 billion yen ($3.7 billion) for the year ending March 2008; beating analyst expectations.
More details on Bloomberg.





Related Topics

PS3 Sony

Actions


Posted on Wed, 16 May 2007 01:29:12 CDT | by Luigi Lugmayr

I4U News Product Reviews

All I4U News Categories