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If you're rooting for Sony to pull through recent tough times, it's still a cliffhanger, according to its latest earnings report. On the plus side, PS4 sales have been stellar, up 83 percent over last year at 310 billion yen ($2.8 billion). The good news drops off sharply from there, however, espe

1 month ago 0 Comments
October 31, 2014 at 3:48AM
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Further heavy losses for Sony: electronics sales (minus phones and gaming) stand at half of the peak seven years. The company's latest financial report is grim reading for its investors -- and its fans. So what happened, Sony? It's new CFO Kenichiro Yoshida gave a starkly honest assessment of his

7 months ago 0 Comments
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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 bill

7 months ago 0 Comments
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If you didn't get enough mobile news during the week, not to worry, because we've opened the firehose for the truly hardcore. This week, a familiar smartphone leaked that's said to join the prepaid ranks at Verizon Wireless, AT&T swung back against the DOJ, and Rogers issued its quarterly earn

1 year ago 0 Comments
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Sony's first-quarter figures for 2012 show that despite the company's optimism three months ago, it's made a net loss of $312 million. It pulled in a whopping $19.2 billion in sales for the three months ending June 30th, partly credited to bringing Sony Mobile fully into the family. However, the c

2 years ago 0 Comments
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While we wait to hear Kaz Hirai's new plan for Sony, the news is getting worse before it gets better. The company just announced new projections that are more than double the net loss it predicted in February for the fiscal year 2011, to the tune of $6.4 billion. The reason? According to Reuters, i

2 years ago 0 Comments