Sony Turnaround Effort Falters, Expects $2.15 Billion Yearly Loss
- 2.5 billion lose over one year
- Gaming sector most successful part of Sony
- Sony leading gaming division outselling Xbox 3:1
Sony announced a 2.5 billion lose over this past financial year, due to the TV and phone division not doing so well. In recent months the TV division was the highest at one point but due to LG and Samsung have dropped as a brand. The phone industry is also been overtaken by Apple and Samsung's newest models S5 and iPhone 6.
I think Sony are not going to go into administration or debt as slowly they are selling their divisions they are not doing well in, just like they have done with their Vaio (PC) business
No comments:
Post a Comment