Breaking News: Sony to post massive $1.7 billion loss

[Spankey]

NJ5 said:

Spankey said:

And what exactly do they mean by "Competition" in Economy and Competition"? Does it mean not selling as many units as anticipated?

Yes, it means that not only is the recession lowering sales, competition is also stronger than they expected.

 

 

Hmmm. Perhaps Electronics division should have a fire-sale to move some of that stagnant inventory

After all, getting some money back is probably better than getting no money at all