MikeB on 15 May 2009
| Dolla Dolla said: All aren't losing money. Nintendo and Microsoft as companies made a profit. Only corporations that are being run badly are losing money. |
All the Japanese consumer electronics giants are losing money big time. Sony's losses are relatively minor compared to rivals.
Toshiba for example lost 4 Billion USD.
Hitachi said it would slash up to 7,000 jobs as it braces to post a 700 billion yen (7.83 billion dollars) loss in the current financial year to March.
They performed even worse than anticipated, an 8.1 Billion USD loss... Sony actually performed better than anticipated!
