Home > Uncategorized > Sony quarterly loss $391 mln, expects more red ink (AP)
Jul
30

Sony Playstation 3 game machines are sold at a game console department at a Yamada Denki electronics shop in Tokyo, Japan, Thursday, July 30, 2009. Sony Corp. reported a 37.1 billion yen ($390.5 million) loss for the fiscal first quarter Thursday, taking a beating from a global electronics slump and a strong yen. (AP Photo/Koji Sasahara)AP - Sony Corp., maker of the hit PlayStation game console, ran up less red ink than expected last quarter but maintained its forecast for full year losses, underscoring the risk consumer spending will remain slack even as other parts of the global economy recover.

Original post by AP and software by Elliott Back

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