Sony Net Loss Lower Than Expected, Game Sales Still Weak

Posted: Jul 30 2009, 4:21am CDT | by , Updated: Aug 11 2010, 3:34pm CDT , in Gaming


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Sony announced a loss for the 1st Quarter that is lower than expected. Sony reported a loss of $392m.
The Sony Consumer products did better than expected, but Sony made most of their money from their financial investment unit.
The Sony gaming unit is still weak, especially under the overall weak video game sales for the last few months.
Nintendo reported a revenue decline of 60% for the last quarter.
More details on the FT.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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