Here's a euphemism to start your morning: Sony just issued a news alert, giving investors a heads-up that it's "revising" its earnings forecast for the 2014 fiscal year, which actually ended back on March 31st. Revising! Here's what that really means: Sony previously said it would generate 80 billion yen in operating income for the year. The company is now dialing that estimate down to 26 billion yen -- a decrease of 67.5 percent. All told, the company expects to book a net loss of 130 billion yen (final numbers to be announced later this month). Previously, it said it would lose 110 billion. Ouch, Sony.