02.02.2012 07:20 Uhr, Quelle: Engadget

Sony's Q3 earnings are in: wider than expected full year loss, lowered sales projections

Sony already revealed Kazuo Hirai will take over for Howard Stringer as CEO and President April 1st last night, and with the big shocker out of the way it's time for the fiscal Q3 reports. After posting a net loss of $346 million last quarter, Sony is expecting a bigger loss for 2011 than it had previously estimated, as well as lower sales. It's currently showing a net loss for the quarter of 159 billion yen ($2.08 billion), blaming a larger than expected effect from the flooding in Thailand and weakn

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