Looks like the dark days for Sony are still here as the company has posted a huge $2 Billion loss for their Q3 results. The Xbox 360 outsold the PS3 once again, this time by over 1.7 million units and by 0.8 Million this financial year.
Analysts expected Sony to make a loss this quarter just like the previous ones but this is one of their biggest ones yet, it’s sad to see the company which was once on top of the world crumble in just a single generation.
Sony explained that $800 Million of the loss was due to the sale of S-LCD share to Samsung, while the rest was due to the value of the Yen appreciating by 10% and the floods in Thailand which greatly harmed the electronics industry.
Source: Sony Investor Relations
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