MobileRead Forums - View Single Post - Why i think the Illiad will fail (or has already).

VillageReader · 01-09-2007, 01:00 PM

The latest quarterly report, http://www.sony.net/SonyInfo/IR/fina.../06q2_sony.pdf, shows that Sony made less than 0.1%. So selling (which they did a lot of) doesn't equal profit. My guess, and only a guess, is that at the price iRex is making an operating profit, but has losses during development that aren't paid for yet.

01-09-2007, 01:00 PM	#93
VillageReader Evangelist Posts: 430 Karma: 2718 Join Date: May 2006 Device: Iliad	The latest quarterly report, http://www.sony.net/SonyInfo/IR/fina.../06q2_sony.pdf, shows that Sony made less than 0.1%. So selling (which they did a lot of) doesn't equal profit. My guess, and only a guess, is that at the price iRex is making an operating profit, but has losses during development that aren't paid for yet.