Sony profits plummet 95% in 4th quarter 2008

2muchcoffeeman · Feb 1, 2009

http://www.marketwatch.com/news/story/Sony-profit-tumbles-95-weak/story.aspx?guid={02CA4DF5-BDD9-4A1B-8928-47275C84D74F}

But still not as bad as was expected:

Sony reported its profit for the October-December quarter fell to 10.4 billion yen ($114 million), or about 10 yen a share, from 200 billion yen, or 190 yen a share, in the same quarter a year before.
However, the earnings were better than analysts forecast of just 180 million yen, according to Dow Jones Newswires.
The diversified Japanese electronics giant posted an operating loss for the quarter of 18 billion yen, compared to an operating profit of 236 billion yen in the year-earlier period.
Sony attributed the loss partly to the appreciation of the Japanese currency against the dollar and euro, as well as to "deterioration in results at equity affiliates including Sony Ericsson" and losses in its financial services unit due to falls in the Japanese stock market.
Click to expand...

Bubbler · Feb 2, 2009

Who cares? I only buy Sorny.

Sam Mills 51 · Feb 2, 2009

Bubbler said:

Who cares? I only buy Sorny.
Click to expand...

Is that what Wal-Mart carries?

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Sony profits plummet 95% in 4th quarter 2008

2muchcoffeeman Well-Known Member

Bubbler Well-Known Member

Sam Mills 51 Well-Known Member

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Sony profits plummet 95% in 4th quarter 2008

2muchcoffeeman Well-Known Member

Bubbler Well-Known Member

Sam Mills 51 Well-Known Member

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