Sony’s quarterly net profit tumbles 95 percent (AP)

Sony Corp. Corporate Executive Officer, Executive Vice President and Chief Financial Officer Nobuyuki Oneda reacts during a press conference in Tokyo, Thursday, Jan. 29, 2009. Sony said Thursday its net profit plunged 95 percent in the October-December quarter from a year earlier as poor sales of TVs, digital cameras and mobile phones sent its core electronics division into the red. (AP Photo/Koji Sasahara)AP – Sony said Thursday its net profit plunged 95 percent in the October-December quarter, as the holiday shopping season provided no respite for the struggling electronics giant and tepid sales of TVs, digital cameras and cell phones hit its bottom line.

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