Tag: losses
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Nintendo Reports More Losses as Annual Figures Go Public
In spite of its first major console launch in 6 years with the Wii U Nintendo reports decline in net sales and overall income.
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Sony Moves Headquarters to Tokyo making 1000 Jobs redundant
Sony’s current Ericsson based clear-out has struck hard to the good folks in Sweden as Sony has announced that it will be moving its entire Sony Mobile area of eth business out of Sweden and to Tokyo, Japan making 1000 people redundant in the process. When Sony bought out the Ericsson side of the Sony Ericsson business…
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Kodak Losses Reported – Twice as Bad as Expected
Industry analysts who predicted recent losses for photography and printer brand Kodak were unpleasantly surprised when their predictions were proved wrong, but by massive losses by the company in the third business quarter. Kodak reported a loss of $222 million, or 83 cents a share, twice the amount that several analysts predicted before the losses…
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Sony predict annual loss of $3.2bn – Tragedies in Japan and PSN Fail cost profit
It’s been a seriously bad year so far for Sony, and now the company is predicting to report losses of around $3.2-billion after recent troubles have cost them an expected fall in annual profits. The Japanese company’s first blow came in wake of the tragic earthquakes and tsunami suffered by Sony’s home country in March. Consumer…