Breaking News: Sony to post massive $1.7 billion loss

FishyJoe

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FishyJoe on 22 January 2009

This is really bad news. There is no way to sugar coat it.

http://news.vgchartz.com/news.php?id=2851

Galaki

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Galaki on 22 January 2009

It cost money to make money. So, the more they spend now, the more they will make later.

/spin

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ymeaga1n on 22 January 2009

It was a lot bigger then any expected. I am curious to find out what restructuring they are going to be doing on tomorrow with the plan they are announcing tomorrow.

Particularly if any divisions are being cut.

BenVTrigger

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BenVTrigger on 22 January 2009

That is a definite Ouch

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ymeaga1n on 22 January 2009

Galaki said:
It cost money to make money. So, the more they spend now, the more they will make later.

/spin

LOL. Geez good thing I saw that.

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johnsobas on 22 January 2009

how much did they make the first 2 quarters of the fiscal year?

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Maynard_Tool on 22 January 2009

=(

03/10/09 HUGE day in my life:

http://www.vgchartz.com/forum/thread.php?id=63437&page=1

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peshkavus on 22 January 2009

cut those overpriced headphones and vaio computers...

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twingo on 22 January 2009

No divisions will be cut, worse case scenerio they ask the gov for help. Seems to be the it idea all over the place.

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Seraphic_Sixaxis on 22 January 2009

damn, in all honesty i expected it to be worse but this is still terrible news.

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