Sony nosedives into $2.8bn loss as Hirai grabs controls


Full-year forecast torn up after cash-draining Q3

Sony’s new CEO will have his hands full at the helm of the loss-making Japanese firm – the entertainment megacorp announced today that its net loss in the quarter ending in December was 159 billion yen ($2bn) and it has slashed its full-year forecast to a loss of 220 billion yen ($2.8bn).…

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