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Forums - Sony - Sony Q1 numbers: 24.6 Billion yen loss (314 million dollars), cuts yearly forcasts

I'm expecting a loss overall. Not going to be profitable when the other two weren't especially considering R&D. On top of that is the yen situation where Sony's forecast relied heavily on a trade of at least 10% higher against both Euro and Dollar.

Expect a loss, probably in the low hundred millions. Maybe 119M loss? Randumb number.



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Usually there is an earnings preview by Reuters or Bloomberg or English Nikkei the day before major releases from Sony but dont see any from the three sites (even though i need to renew my e.nikkei subscritpion).

Other major companies in Japan that mirror Sony are coming in with mix results.
Panasonic had a profit due to cost cutting, Hitachi profited also
Toshiba had a loss due to restructuring and Sharp hasn't reported yet.



Tagging, expecting a loss still due to their currency predictions which were just off too much.



I am going to be optimistic and predict a very small profit. 50-200Million



I predict a $400m operating loss



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legend92(3) said:
I am going to be optimistic and predict a very small profit. 50-200Million

how much have they lost last Q?



Tagged :)



Argh_College said:
legend92(3) said:
I am going to be optimistic and predict a very small profit. 50-200Million

how much have they lost last Q?


$5.73b I believe.



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Argh_College said:
legend92(3) said:
I am going to be optimistic and predict a very small profit. 50-200Million

how much have they lost last Q?


Not really sure, Q1/2 had losses of $150m and $350m respectivley. Then Q3 and Full year had huge losses dues to SLCD sale/ Sony Ericcson merger in Q3 and Deffered Taxes of liek $5 billion in Q4. The sale of SLCD was reported to save them 1 billion dollars a year, and with all other companys music, pictures profitable every year. I expect them to have a slight profit or a slight loss this quarter and it will grow quarter by quarter, due to cost cutting.



legend92(3) said:
Argh_College said:
legend92(3) said:
I am going to be optimistic and predict a very small profit. 50-200Million

how much have they lost last Q?


Not really sure, Q1/2 had losses of $150m and $350m respectivley. Then Q3 and Full year had huge losses dues to SLCD sale/ Sony Ericcson merger in Q3 and Deffered Taxes of liek $5 billion in Q4. The sale of SLCD was reported to save them 1 billion dollars a year, and with all other companys music, pictures profitable every year. I expect them to have a slight profit or a slight loss this quarter and it will grow quarter by quarter, due to cost cutting.

Don't forget about the Thailand flood and Japan quake/tsunami.



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