$1 Billion loss for Sony in 2008

Last year the consumer market saw a loss of demand for electronical products from big name brands such as Sony. Following this, Sony have reported that they lost $1 billion during last year, with the price of the PS3 and strong yen not helping. The PS3, which many consumers deem expensive compared to the...

Sony Profits Plunge

Even with the Playstation 3 becoming a huge success in Asia, that hasn’t stopped the Sony corporation from seeing their profits dive in recent months. Net profits for Sony are down 47.5% (down to 360 million) from this time last year. With the release of this recent information, Sony has adjusted...