Author Topic: Sony warns of $2.9 billion loss  (Read 477 times)

Offline Josetann

  • admin
  • Administrator
  • Hero Member
  • *****
  • Posts: 10136
  • Karma: +0/-0
    • View Profile
Sony warns of $2.9 billion loss
« on: January 22, 2009, 08:01:17 AM »
Sony warned it would post a record $2.9 billion annual operating loss due to sliding demand and a stronger yen, and unveiled fresh restructuring steps to revive its ailing electronics operations.  The operating loss will be Sony's first in 14 years, underscoring deepening troubles for a company that has...

Click here to read the full article.