Sony sees first annual loss in 14 years
China Daily | Updated: 2009-05-15 08:05
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A model holds a Sony VAIO P laptop during a recent promotional event at Rockefeller Center in New York. Bloomberg News |
TOKYO: Sony Corp said it lost 98.9 billion yen ($1 billion) in the fiscal year through March, its first annual net loss in 14 years, and projected it would lose even more money this year amid a slump in consumer demand for electronics goods.
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