Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Sony profits fall 95 percent

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Thursday, Jan 29, 2009

Sony blamed the global economic slowdown, increased competition and an appreciating yen for a 95 percent drop in third-quarter profits, as the company announced its results Thursday.

Profits for the quarter, which ended December 31, fell from nearly 200 billion yen ($2.2 billion) in 2007 to about 10 billion yen ($110 million) in 2008.

Across the company, sales were down 25 percent, but electronics and games sales were especially hard hit.


Sales of games, including the company’s popular PlayStation series, fell 32 percent over the year. Sales of electronics decreased by nearly 30 percent.

Full article here

This article was posted: Thursday, January 29, 2009 at 4:40 am

Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

The Truth About Soy Boys See the rest on the Alex Jones YouTube channel.

The Truth About the Sex Abuse Scandal See the rest on the Alex Jones YouTube channel.

https://www.youtube.com/embed/FTSvLKY7HEk https://www.youtube.com/embed/BjUnC7-PDWI

© 2017 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.