October 23, 2008

Sony halves profit forecast on yen, electronics (Reuters)

Attendees at a stock market investment class are seen at the Tokyo Stock Exchange in Tokyo October 22, 2008. Japan's Nikkei average slid 6.8 percent on Wednesday to its lowest close in a week, battered down as Sony Corp and other exporters fell after the yen rose against the euro and worries about the global economy deepened. REUTERS/Kim Kyung-Hoon (JAPAN)Reuters - Sony Corp (6758.T) slashed its annual operating profit forecast by 57 percent to far below market expectations, citing a firmer yen and tough price competition in the flat TV and digital camera markets.


Filed under Digital News, Digital Camera, Blog by Yahoo! News: Digital Photography

Spread the word

del.icio.us Digg Furl Reddit Ask BlinkList blogmarks Google Ma.gnolia Rojo Shadows Simpy Socializer Spurl Wists Yahoo! Help

Permalink • Print

Track this entry

RSS Technorati Cosmos

Related Entries

Related Searches

, , , ,

Related Tags

, , , ,

Made with WordPress and the Semiologic theme and CMS • Minimalist skin by Denis de Bernardy