Huge Sony loss not as bad as expected


So Sony lost 98.9 billion yen ($1.04bn, £685m) in the year to the end of March 2009, its first annual loss in 14 years. Back in January they were predicting a 150 billion yen loss.

Sales were down 12.9% year on year and Sony are making 8,000 redundancies from it’s 185,000 employees and is closing a tenth of its factories.

As I have said on here, Howard Stringer seems to have a grip on what needs to be done. But for me the biggest problem seems to be the walls built up between the different divisions.


  1. yes. ok. nice observation. nice pic. ok. i must go now.

  2. You again?

    Yet on another pathetic mission to attack Sony from the inside out.

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