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Sony already revealed Kazuo Hirai will take over for Howard Stringer as CEO and President April 1st last night, and with the big shocker out of the way it’s time for the fiscal Q3 reports. After posting a net loss of $346 million last quarter](Sony posts $350 million loss in Q2 earnings report, forecasts full-year loss), Sony is expecting a bigger loss for 2011 than it had previously estimated, as well as lower sales. It’s currently showing a net loss for the quarter of 159 billion yen ($2.08 billion), blaming a larger than expected effect from the flooding in Thailand and weakness in cellphones.
…DevelopingSony’s Q3 earnings are in: wider than expected full year loss, lowered sales projections originally appeared on Engadget on Thu, 02 Feb 2012 01:04:00 EDT. Please see our terms for use of feeds.
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