Sony Corp. share price down, warns of a $2.1-billion full-year loss after smartphone unit write-down
September 17, 2014 11:31 am
Sony Corp. made an official statement today and warned it would report a larger than initially expected full-year loss because it was writing down the value of its underperforming smartphone business. The companys decision was commented for Bloomberg by Masahiko Ishino, an analyst at Advanced Research Japan Co.: “Sony should have done it earlier. A […] Read more