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Tag Archives: Kazuo Hirai

Sony Reports $5.7 Billion Loss, Fourth Straight Year of Red

Sony Corporation continues to rack up massive losses. Today the company reported a record annual loss of 457 billion yen($5.7 billion). This is the fourth straight year that Sony has reported a loss. Sony, the once-glorious maker of the Walkman and PlayStation struggles toward a turnaround under a new president. The electronics and entertainment company, which also makes “Spider-Man” movies, ... Read More »