EaglesEye379 on 09 December 2008
@heruamon
Foreign exchange changes are playing a big part in Sonys books right now due to the nature of their business. These usually can be weathered through but its the last thing Sony needs right now so it certainly adds to why downsizing is happening.
If you have time, check out their presentation on their recent earnings releases, particularly pages 6 and 8
http://www.sony.net/SonyInfo/IR/financial/fr/08q2_sonypre.pdf. A big reason of decreasing income is due to foreign exchange changes.
