Sony Q3 earnings released, Sales down 17.4%

Sony have just reported there Q3 earning and the results are a net loss for the quarter of 159 billion yen ( €1.51 billion), This turns out at  €911.3 million operating loss. Sony are reporting the tragic flooding in Thailand and low sales cellphone and then stong yen currency has caused the downturn in sale projections. There entire sales for this quarter are estimated at €17.4 billion with just a drop of 17.4% in Q3 2010. There consumer products and services sector had drop of 24% compared to last year which showed an operating loss of around €750 million).  Check out the PDF below for more information about Sony’s Q3 report.

Source: Sony Q3 Earning for 2011

Craig O'Sullivan

Creator of Passionate about Technology and always looking for that next cool gadget or app

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