Tuesday, January 13, 2009
Nope, Sony’s Not “Recession-Proof”: Set for $1 Billion Loss?
No wonder Howard Stringer couldn’t promise he was “recession-proof” when the Sony CEO spoke at the Consumer Electronics Show last week: Sony is set to record a $1.1 billion loss, according to the Japanese newspaper Nikkei. That’s something the company hasn’t seen since Hollywood producers Jon Peters and Peter Gruber managed to incinerate the company’s P&L in the mid-90s.



