Here's an article about the rest:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aFVN3lkpajWk&refer=home
Sony Posts Biggest Loss in Four Years on PS3 Consoles (Update1)
By Hiroshi Suzuki
May 16 (Bloomberg) -- Sony Corp., the world's second-largest consumer electronics maker, reported its biggest loss in four years after the PlayStation 3 game console failed to spur as much demand as Nintendo Co.'s Wii player.
The net loss totaled 67.6 billion yen ($562 million) in the three months ended March 31, from 66.5 billion yen a year earlier, Tokyo-based Sony said in a statement today. The company posted a 111.1 billion yen loss in the quarter ended March 2003.
PlayStation 3 is being outsold by Wii by about two to one, causing a loss at Sony's game division, its second-largest by revenue. The loss exceeded profits from electronics such as Bravia televisions, and the movie unit, whose ``Spider-Man 3'' generated record box-office sales when it opened this month.
``The extent of the recovery in the game business will be the main theme this fiscal year,'' Naoki Fujiwara, who oversees $720 million at Shinkin Asset Management Co. in Tokyo, said before the earnings announcement.
For the year ending March 2008, Sony forecasts net income of 320 billion yen, more than double the 126.3 billion yen for the year just ended, on sales of Bravia liquid-crystal display televisions and a narrower loss at the games division.
Sales for the quarter rose 13 percent to 2.09 trillion yen. Its operating loss, or sales minus the cost of goods sold and administrative expenses, widened to 113.4 billion yen from a 62.2 billion yen loss a year earlier.
The earnings compare with estimates for a net loss of 75.8 billion yen on sales of 2.02 trillion yen, based on a Bloomberg survey on 11 analysts prior to the announcement.







