Arab Today, arab today sony predicts more than 1bn loss
Last Updated : GMT 09:27:54
Arab Today, arab today
Arab Today, arab today

Sony predicts more than $1bn loss

Arab Today, arab today

Arab Today, arab today Sony predicts more than $1bn loss

Tokyo - Arabstoday

SONY expects to lose well over $US1 billion this fiscal year, as the strong yen dents sales outside Japan and its loss-making television business continues to struggle.The Japanese entertainment and electronics conglomerate reported a net loss of $US350 million in its fiscal second quarter, compared to a profit of $US398 million in the same period a year earlier. Revenue fell 9.1 per cent.

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