Sony is delighted with the performance of the PlayStation 4, which has shifted some 7m units worldwide since its launch last year, but it's a different story for the wider company.
Today Sony issued a warning that its 2014 financial year loss would be almost 20 per cent worse than it predicted in February.
Sony's new preliminary fiscal year net loss was an eye-watering 130 billion yen (approximately £753m) - 18 per cent above the forecast it made just a few months ago. At one point it had expected to make a profit for the financial year.
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Today Sony issued a warning that its 2014 financial year loss would be almost 20 per cent worse than it predicted in February.
Sony's new preliminary fiscal year net loss was an eye-watering 130 billion yen (approximately £753m) - 18 per cent above the forecast it made just a few months ago. At one point it had expected to make a profit for the financial year.
Read more…
More...