Zekkyou on 01 November 2014
| Puppyroach said: I didn't think they would make such a colossal loss last quarter, and at this rate they are getting dangerously close to being bought by other companies. They need to turn things around NOW, not next year or the year after that! |
The loss last quarter was due to a one time write-down charge to its mobile division. Outside of mobile, everyone of of their division was up YOY (with only pictures making an operating loss, though it was 1/18th of the loss it made last year). They were expected to make a $1.7b loss, but thanks to the growing health of their other divisions, it ended up being $1.2b.
Sony is still floating down shit creek, but unlike this time last year, they have a paddle now :p
