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Old 09-17-2014, 11:20 AM   #170
fjtorres
Grand Sorcerer
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The death spiral continues:

http://www.cnet.com/news/sony-foreca...hone-business/

Quote:

The Japanese electronics conglomerate warned Wednesday that it will post a loss of 230 billion yen ($2.1 billion) in its fiscal year that ends March 31, 2015. It also suspended its dividend -- the first time it won't be making a payout since it listed on the Tokyo Stock Exchange in 1958.
Focusing on cellphones and tablets is not working.
The usual Spider-Man spike was only a blip this time.
And buying market share for PS4 isn't helping.

Maybe they'll sell the Spider-Man movie rights back to Disney.

Last edited by fjtorres; 09-17-2014 at 11:24 AM.
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