We're looking for new writers to join us!

Sony posts quartery loss, not too surprising

by: John -
Electronics giant, Sony, has posted a 37.1 billion yen loss and its second straight loss quarter. If you want to compare the previous quarter, they had a profit of 35 billion yen. As far as the games division goes, the 37.9 billion yen loss in that area is combined with the Vaio computers and Walkman. Compared to a year earlier, sales of the PS3 is down 31% with the PSP down 65%. Yuck. You can't expect to make money on the with the most expensive console during a recession though.