Sony Expecting $3.2 Billion Loss For 2010

Sony plans to release their fiscal year 2010 earnings report on Thursday and it’s not going to be a happy day for the company’s stockholders. According to the revised financial forecast released today, they’re expecting to post a $3.2 billion loss. They also say that the hacks of their various online gaming systems in recent weeks have already cost $170 million.

Fortunately for them, the hacks occurred after the last fiscal year had already ended.

One Response

  1. Zakath says:

    Great opportunity to buy Sony stock right after their stock plummets, because they will recover. Eventually.

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