By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Is Sony projecting a 1.1 billion loss?

Yes.

 

Is that particularly bad?  

Not really, because Sony is a sick financial company, everyone was expecting at least that in the financial world.

What does matter.... is what they are doing to try and dig out of that hole.

 

Which, is quite a bit that looks pretty good, like spinning off their ailing tv buisness and other cash sinkholes.

 

If I were an analyst i'd upgrade Sony from a sell to a hold. 

Though i'd be wary of abenomics.