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Sony Posts $390M Loss as PlayStation Sales Slump

This is a discussion on Sony Posts $390M Loss as PlayStation Sales Slump within the Sony PSP - Industry News forums, part of the Sony PSP category; Sony Corp. reported a second straight quarterly loss as the stronger yen pushed the company further behind Samsung Electronics Co. ...

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Old 07-30-2009, 06:12 AM   #1 (permalink)
 
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Default Sony Posts $390M Loss as PlayStation Sales Slump

Sony Corp. reported a second straight quarterly loss as the stronger yen pushed the company further behind Samsung Electronics Co. in television sales and the global recession drove down demand for video-game machines.

The net loss was 37.1 billion yen ($390 million) in the quarter ended June 30, compared with profit of 35 billion yen a year earlier

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