Company forecasts massive $6.4 billion
April 10, 2012
Sony has warned investors that it's about to post its biggest loss ever. The company says it will lose a record $6.4 billion
for the financial year ended March 31st, the biggest loss in the company's history, crowning a fourth straight year without profits
The company, which is set to shed 10,000 jobs, says the newly revised figure – double that previous predicted – is due to some complicated tax credit issues in the U.S.
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