Sony Posts $2.1 Billion Loss After Announcing New CEO

Added on: 23:12:45 2nd February 2012

On the heels of Sony’s announcement that it will promote Kazuo Hirai to CEO and president, the company reported a quarterly loss of $2.1 billion and projected an even greater loss for the entire fiscal year, which ends in March. This will likely mark Sony’s fourth consecutive year in the red. Sony forecasted a loss of $2.9 billion [...]

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