Sticky said: Its because of a $7.6 billion dollar writedown in the nokia division though but still... lol.
Revenue was down 5.1% which is why the stock price fell. Last quarter Sony had revenue growth of 3.6% YoY. One year ago Sony's Q1 had an operating profit of 69.8 Billion yen, and it is safe to expect something similar this year. Stock today was up 1.25%.
Just want to challenge the popular notion on here that Sony is constantly bleeding red ink and MSFT is invincible. You never know lol.
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and the funny stuff.
xbox sales are up YOY
playstation sales will be down YoY
also. next quarter microsoft will report profits of 4 - 6 billion dollar again. more than sony made in the last 5 years
just to put things into perspective ;)