EaglesEye379 on 09 December 2008
@NJ5
True, the FX risks magnify the problems, but the more worrying thing are the loss of margins on the core businesses - Electronics/Sony Ericsson which in part is due to FX but also due largely to cost of sales deterioration.
And we know the Game division isnt going to be the juggernaut as it was in the last decade - at least not for the next year. FX risks can be weathered if the underlying profits are at least stable and not on a decreasing slope like they are now.
