Sony has forecasted a massive $6.4 billion annual net loss, well above their previous forecast of $3 billion.
The company will have to write off deferred tax credits leading to the loss, which is Sony's fourth in a row.
For the fiscal year ended March 2013, the company says it intends to have a profit of $2.2 billion, a number investors should surely appreciate.
Another Japanese-based ... [ read the full article ]
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Hahahahaha!!! Maybe if they didn't declare war on their customers and try to prevent their products from being useful they would do better...or at least people might feel sorry for them when they do poorly.
Well, they only get one more year of this charade & they'll be forced to declare a profit... even if it is only .01 cent for 2014. This is just a corporate BS game they all play. GE got away with paying absolutely no taxes last year whatsoever. Sure like to know how a multi-gazillion dollar corporation pulled that one off. [Within reason guys, I'm not 'that' interested. I'm sure it had to do with greased palms & legal innuendo/double speak...]
I'm with KB... had Crony been more diligent in making good in their product, their warranty & after the sale product line they probably wouldn't have to advertise such a grand ass spanking in the fortune 100 arena.
They'll just pass the loss on to their sucke... er... customers and employees. I'm confident the execs won't miss out on their monthly yacht purchases.
Not likely. They keep this stuff to themselves as it is acceptable in their culture. If it wasn't, they'd be like China(over populated) only on a much smaller scale.
Its really sad to hear that. Eventhough Sony has been one of the most significant companies in consumer electronics, the company has been posting huge losses for the past 4 years running. The company is restructuring and will fire 10,000 employees. I hope they will overcome this problem concerning all the employees and their families.
