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Sony reports first annual loss in 14 years
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The following comments relate to this news article:

Sony reports first annual loss in 14 years

article published on 14 May, 2009

Sony has reported this week that the company, for the fiscal year ended March 31st, had a loss of $1.04 billion USD, the first time the company has reported a loss since 1995. Perhaps even more notably, the company said it expects a bigger loss in upcoming quarters as sales slide and the Yen grows stronger against the US Dollar. Revenue for the period also fell 13 percent to $81 billion ... [ read the full article ]

Please read the original article before posting your comments.
Posted Message
AfterDawn Addict

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14. May 2009 @ 18:55 _ Link to this message    Send private message to this user   
Losses are good it means they are forced to think and change.

When you are protected from everything by the government(via laws or bailouts) then all that's left is stagnation.
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varnull
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14. May 2009 @ 20:54 _ Link to this message    Send private message to this user   
good.. serves them right..
HDNow
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14. May 2009 @ 21:15 _ Link to this message    Send private message to this user   
Not even a record.

Same fiscal year ending March 31st:

Toshiba lost $3.5 billion.

http://www.myfox8.com/business/sns-ap-as...0,1945702.story

Hitachi lost $8.1 billion.

http://www.google.com/hostednews/ap/arti...7PWbLAD984LIBG0

Sony's $1.04 billion looks small compared to these 2.

This message has been edited since posting. Last time this message was edited on 14. May 2009 @ 21:21

H08
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14. May 2009 @ 22:10 _ Link to this message    Send private message to this user   
Originally posted by varnull:
good.. serves them right..
for running a buisness and making a loss? i know alot of people are against sony and other big companys because of being against piracy but come on.

This message has been edited since posting. Last time this message was edited on 14. May 2009 @ 22:12

Morreale
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14. May 2009 @ 22:27 _ Link to this message    Send private message to this user   
Oh no, a company is against the theft of their goods :/

lol
jony218
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14. May 2009 @ 22:29 _ Link to this message    Send private message to this user   
Many people stop buying from Sony after that "rootkit" fiasco. But for a company that is very anti-pirate, they sure make some of the best blank DVD media available.
Senior Member

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14. May 2009 @ 22:56 _ Link to this message    Send private message to this user   
They don't make those blank DVDs. Some other company does and they stamp there name on it. Sony is garbage
Toshibot
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14. May 2009 @ 23:15 _ Link to this message    Send private message to this user   
Originally posted by HDNow:
Not even a record.

Same fiscal year ending March 31st:

Toshiba lost $3.5 billion.
Hitachi lost $8.1 billion.


Sony's $1.04 billion looks small compared to these 2.
Ouch!
H08
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14. May 2009 @ 23:32 _ Link to this message    Send private message to this user   
Originally posted by Morreale:
Oh no, a company is against the theft of their goods :/

lol
exactly what iam saying
AfterDawn Addict

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14. May 2009 @ 23:51 _ Link to this message    Send private message to this user   
Quote:
Originally posted by Morreale:
Oh no, a company is against the theft of their goods :/

lol
exactly what iam saying

But are more than happy to steal from others....
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Morreale
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16. May 2009 @ 13:58 _ Link to this message    Send private message to this user   
Quote:
Quote:
Originally posted by Morreale:
Oh no, a company is against the theft of their goods :/

lol
exactly what iam saying

But are more than happy to steal from others....
Same with every other company. That's business for ya lol
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