Panasonic expects $9.6bn loss !!

[psrock]

kowenicki said:

psrock said:
http://www.engadget.com/2012/10/31/panasonic-earnings-q2-2013/


well, good news for some. They made a profit of 613 million

Quarterly profits or losses can be an illusion,  they don't exist really. It's annuals that matter. 

A bit like doing a personal best lap in the second lap of a race where you finish last and miss your pb for the whole race. 

we have a couple months to go then, they have already lost billions already, this quarter is at least a little positive.