For the fourth quarter alone, analysts believe that Sony will post a ¥75.8 billion yen ($630 million) loss, up from ¥66.5 billion a year earlier. For the fiscal year that ended on March 31, 2007, Sony is reporting ¥71.8 billion in operating profits ($597.09 million), down from ¥226.42 billion ($1.88 billion) from fiscal year 2006. That's a huge drop, even for a company with as many interests in Sony. The problem lies with the PlayStation 3: GamesIndustry is reporting that the games division is operating at a ¥232.3 billion deficit for the fiscal year.
|Source :: Ars Technica|