Breaking News: Sony to post massive $1.7 billion loss

[NJ5]

celine said:

NJ5 said:

Christhegamer said:
Its Not $1.7 Billion, its 3 Billion losses

http://www.nytimes.com/2009/01/23/technology/23sony.html?ref=technology

$2.9 billion is the operating loss, $1.7 billion the net loss.

 

How can you tax losses ?

 

From what I understand, they get tax refunds on excessive taxes it turns out they paid.

celine said:
Another thing I wonder is how step will be the decline of PS2 hardware and software compared 2007.
PS2 is the cash cow of SCE division at the moment.

You can already see the updated hardware sales forecast (software is unchanged for some reason).

PS2 down 42% from the previous year, PSP and PS3 up 8%.