i guess i don't understand what being in the black means. stupid me.In the wake of a $115 million loss in Sony's third quarter, its stock price has taken a significant hit, reports Bloomberg. Shares dropped from ¥1,530 ($16.51) to ¥1,365 ($14.7, a decrease of 10.78 percent. Bloomberg notes that this is the eighth consecutive quarter that Sony has posted a loss, and that the stock price decline is the largest the company has seen since November 2008. Investors had hoped the weak Yen would help bolster the company's earnings.
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Thread: Sony returns to black in Q3
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Last edited by Metal King Slime; 02-08-2013 at 19:55. Reason: Merge.
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