Train wreck on 26 March 2014
I can see Sony reporting higher revenue then they have forcasted (which remained unchanged at ~7 trillion yen), higher operating income (due to the success of the PS4 and its services)
The main source of the 1.1 billion dollar net income loss is the addition of 90 billion yen in restructuring charges (870 million dollars) for this year and next year and you are seeing the impact of that (closing PC business, closing stores and layoffs which cost money due to attrition), Sony expects to earn 80 billion yen in operating income this year (earnings before taxes and charges and currency flucations) down from the original 170 billion yen and they hope to save ~100 billion yen starting in 2015 from all the changes
