It will be interesting to see the next earnings release for sure.
If the amount winds up at this level, it will be nearly $2.5 billion worse than previous estimate.
SAN FRANCISCO (MarketWatch) -- Sony Corp. is expected to report its first operating loss in 14 years as demand for flat-screen televisions and other electronics sags and profit margins are pared by a strong yen, The Nikkei said on its Web site in a report dated Tuesday. Sony is now likely to post a group operating loss of around 100 billion yen ($1.12 billion) in the year ending March 31 but the final figure could be significantly higher depending on inventory levels in the January-March quarter, the Nikkei said. In October, Sony had forecast a full-year operating profit of 200 billion yen, according to the Japanese newspaper. The loss would be only the second since Sony went public in 1958, it said.
