Sony has declared its operating profit shall match Last Year
Posted in Business on September 22nd, 2011
While still recovering from the March earthquake and the tsunami and the hacking case which led to the fall of its shares Sony Corporation is trying to bounce back to the normal with its increase in shares that is expected in Nikkei. However, Sony Corporation is still going to post $3.2 billion annual net loss for the last year.
Sony Corporation has taken a very practical approach taking into account both the earthquake & the hacking incident according to the trade experts. Sony shares are still down by 22 pct so far this year. Sony Corporation is said to have lost the market to Samsung Electronics in flat-screen TVs and to Apple Inc's in portable music market.
Photo source Ian Muttoo
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