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Back to Home » November 2011 News » Sony headed for fourth straight year in the red |
Sony headed for fourth straight year in the red |
November 02, 2011
TOKYO (AP) -- Sony reported a 27 billion yen ($346 million) loss for the latest quarter and downgraded its annual earnings forecast Wednesday to stay in the red for the fourth year straight, battered by the strong yen and poor sales of flat panel TVs....
Source URL: http://hosted.ap.org/dynamic/stories/A/AS_JAPAN_EARNS_SONY?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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