FishyJoe on 10 September 2007
It should be noted that the original estimated losses for the 2007 fiscal year were going to be $700 million, but it completely blew up to nearly $2 billion. That's what cost Kutaragi his job.
Now the 2008 estimated losses are $500 million. Q1 2008 already lost $243 million. That is not a good sign. Combine that with a strong yen and consumer weakness, things could be quite bleak for Sony in the near term.
