Huge Sony loss not as bad as expected

katie-green-sony

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.

2 Comments


  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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