- Jan 8, 2011
- 22,361
According to a new document released by the Japanese corporate giant on Wednesday, the company will lose $2.1 billion during the fiscal year ending March 31, 2015.
During the 2013 fiscal year, Sony managed to profit $435 million, its first profit in years. Overall, the company has missed profits in six of the last seven years. If the upcoming $2.1 billion in net losses prediction proves to be correct, Sony will have sustained over $12 billion in losses in eight years.
Read more: http://arstechnica.com/business/201...s-bad-sony-predicts-2-1b-loss-in-fiscal-2015/