Sony ‘s Q2 earnings have just are available in and, as you could guess, they don’t seem to be particularly glowing. a couple of days after announcing plans to buy out Ericsson’s stake in Sony Ericsson, the manufacturer posted a quarterly lack of ¥27 billion ($346 million) today, compared with a net income of ¥31.1 billion in the course of the same quarter last year. Last quarter, the firm posted a net lack of ¥15.5 billion, or about $200 million. Sony attributed much of this decline to a more robust yen, lower TV sales and up to date flooding in Thailand, which has disrupted its supply chain. In this basis, the corporate lowered its full year forecast, predicting a net lack of ¥90 billion, compared with a net profit of ¥60 billion that it had previously expected. It seems that, then, that Sony’s TV division is primed to post an annual loss for the 8th straight year, which might certainly explain those plans for a forthcoming shakeup . Find the whole report on the source link, below.
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