M$ layoff 5,000 and Sony loss correction

[Hyruken]

NJ5 said:

Hyruken said:

NJ5 said:

@Hyruken: No, that's wrong. We don't know yet what the gaming divison's losses will be.

What we do know is, for Sony as a whole:

Operating income forecast = -2.9 billion US dollars
Net income forecast = -1.7 billion US dollars

 

 

 ah i see, the way the news piece on here worded it they mention just SCE, think that needs to be removed so everyone knows it is the whole company. Cheers for correcting!

It says "Sony Forecasts $1.7 Billion Loss For Fiscal Year 2008, SCE to restructure"! ;)

I think it's pretty clear this way, but if you think there's a better way to phrase it please suggest :)

 

 

In the Sony release they say

Sony Corp. has revised its projected annual operating loss from a previously expected figure of ¥100 billion ($1.1bn) to as much as ¥260 billion ($2.9bn).

As previously reported, the loss will be the company’s first in 14 years and only the second in its history.

It is all very confusing :)