Sony Q1 numbers: 24.6 Billion yen loss (314 million dollars), cuts yearly forcasts

[Euphoria14]

legend92(3) said:

Argh_College said:

legend92(3) said:
I am going to be optimistic and predict a very small profit. 50-200Million

how much have they lost last Q?

Not really sure, Q1/2 had losses of $150m and $350m respectivley. Then Q3 and Full year had huge losses dues to SLCD sale/ Sony Ericcson merger in Q3 and Deffered Taxes of liek $5 billion in Q4. The sale of SLCD was reported to save them 1 billion dollars a year, and with all other companys music, pictures profitable every year. I expect them to have a slight profit or a slight loss this quarter and it will grow quarter by quarter, due to cost cutting.

Don't forget about the Thailand flood and Japan quake/tsunami.