Nikkei: Sony expected to post $1.12 billion loss

[FishyJoe]

Soriku said:

darthdevidem01 said:
first time in 14 years

well this is the first time in 14 years the economy has been so bad

so its expected I guess

Pretty true.

How much have they lost before?

 

http://www.reuters.com/article/marketsNews/idINN1237333820090112?rpc=44

The loss would be only the second since Sony went public in 1958 and the first caused by troubles in its mainstay electronics business, the Nikkei said.

A one-time charge related to the company's U.S. film studio business was primarily responsible for the previous operating loss, reported for the year ended March 1995, it said.