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Mystro-Sama said:
Soundwave said:
Mystro-Sama said:

PROFITS FOR EVERYONE!!!

 

Sony Forecasts $1.1 Billion Loss as Hirai’s Revival Falters

http://www.businessweek.com/news/2014-02-06/sony-forecasts-annual-loss-as-hirai-turnaround-stalls-on-tvs

Yeah, lets not get carried away. They are losing lots of money this year. This is like a basketball team patting themselves on the back for winning 1 quarter, but still losing the game by 20 points. 

 

Wow... Atleast you're not pessimistic, right? They're restructioning their failing divisions so i'll give them a chance.


I'm not pessimistic, just realistic ... in what reality is losing $1 billion in a fiscal year supposed to be celebrated? lol. Per the article:

Declining sales of key products are hampering Hirai’s revival efforts as the company struggles to find new hits that will attract consumers shifting to mobile devices from Apple Inc. and Samsung (005930) Electronics Co. The CEO already failed to meet his pledge to end TV losses after cutting at least 10,000 jobs previously and focusing the company on mobile devices, games and imaging products.

“Hirai lacks aggressiveness,” said Hideki Yasuda, an analyst at Ace Research Institute in Tokyo. “Sony needs to produce a new field for growth in order to increase its value.”

Operating income will be 80 billion yen this year, less than half its October forecast of 170 billion yen, while the sales projection is unchanged at 7.7 trillion yen, Sony said.