Panasonic expects $9.6bn loss !!

[michael_stutzer]

ebw said:

Chevinator123 said:
I just don't get it, why is all the TV company's loosing money? Sony, panasonic, samsung.. wtf is going on here

Are you crazy?  Sony and Panasonic are bleeding money.  Samsung posted a record $6 billion profit including a 20% rise in TV panels.  They're the ones sucking out all the oxygen away from the others.

The profit was $7.4 billion. 

http://www.moneycontrol.com/news/international-results/samsung-posts-3674-bln-profit-handsets-mask-weak-chip-sales_773610.html