Tuesday, January 13, 2009

Sony may post first operating loss in 14 year

Capitalism at Work: supply and demand. And in this case,there is little demand. When people have a choice between needs and wants, needs win (most times). IPod vs. Food. Tuff choice.

Japanese electronics and entertainment conglomerate Sony Corp will likely suffer
an operating loss of about $1.1 billion due to sluggish sales and a stronger
yen, a source with knowledge of the matter said. Yahoo Finance

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