Breaking News: Sony to post massive $1.7 billion loss

[NJ5]

WiiStation360 said:

NJ5 said:

darthdevidem01 said:
When willw e know what the restructuring is?

This is what we have now.

I noticed Sony is 14% down today in the stock market, though still higher than the lows of early December.

 

Looks like Sony's games division may be safe from job cuts.

Sony job cuts unlikely to affect games division.

 

 

I will take the word of Sony's investor relations website over SCEE's PR anytime, especially as SCEE is Europe only. Either way, what will happen is still unclear, even for the Electronics division.

@axumblade: No one knows the exact results of the gaming division yet. Yes, the electronics division is likely to lose much more since it's bigger, as for relative loss margins it's unclear.