Sony Forecasts $1.1 Billion Loss year ending 31 march - Will it be less after huge PS success?

[TheJimbo1234]

ImmortalHelixFossil said:

Sony told us that we could expect an 1,1 billion dollar loss. It's a few months later and the PS4 is beating all Sony's expectations. Do you think it's possible that the loss will be less than  a billion? Or will it even be bigger?

 

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

It will probably be the same - and THAT IS A GOOD THING.

How stocks work is that companies need to guess right. Even if you do better than performed, you need to show that you understand the market perfectly and know how you will perform. Also if you can justify the loss and reason that it won't remain, then again - that is fine. If anything, a $1.1 B loss might bump up shares (yes, it is that weird at times).