Sony Corp. reported Thursday a 98.9 billion yen ($1 billion) loss for the fiscal year ended March, its first net loss in 14 years, and forecast its red ink to swell this year amid a serious downturn in global electronics demand.
Sony reports $1 billion annual lossCourtesy Newsvine - business Thu, 05/14/2009 - 01:04
Sony Corp. reported Thursday a 98.9 billion yen ($1 billion) loss for the fiscal year ended March, its first net loss in 14 years, and forecast its red ink to swell this year amid a serious downturn in global electronics demand. Related itemsSony reports $1 bln annual loss, sees more red ink
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