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Re: nlightn post# 218528

Friday, 10/31/2014 6:39:08 AM

Friday, October 31, 2014 6:39:08 AM

Post# of 363828
Sony falls deeper into the red

> Sony's (NYSE:SNE) losses ballooned to ¥136B yen ($1.2B) in its fiscal Q2 as the electronics and entertainment giant's troubled mobile phone division reported huge red ink.

> Losses were still narrower than analysts estimated, as blockbuster sales of its PlayStation 4 games console reduced the impact of its sluggish smartphone division.

> Sony lowered its smartphone sales outlook to 41M handsets from 43M, but is still sticking to its full-year net loss forecast of ¥230B.


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