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Archive Home > 2009 > May > 15 > Sony posts annual loss, its first in 14 years

Sony posts annual loss, its first in 14 years


May 15, 2009

TOKYO — Sony Corp. reported its first annual net loss in 14 years and forecast a bigger loss this year, saying the pressure from sliding sales, competition in gadget prices and a strong yen were expected to continue.

The Japanese electronics and entertainment company said Thursday it....

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