Panasonic Sees A Lot of Red Ahead

After announcing a $4 billion fiscal year loss earlier this week – the first loss of any kind in seven years for the company – Panasonic said that the worse may still be ahead of them.  And, they’re not alone.  Recently, Sony, Toshiba and Pioneer also announced losses in their most recent quarters.  But, in […]

Panasonic Sees A Lot of Red Ahead

Sony Chalks Fiscal 2008 Up as Learning Experience in Economy

Last week, Sony announced a $1 billion loss for their year ending March 31.  And, they see the trend continuing with an expected $1 – $1.25 billion loss in 2010.  Sony’s never had two years in a row with losses and, in fact, 2008 marked their first down year since the ‘90s.  Although Sony’s PlayStation […]

Sony Chalks Fiscal 2008 Up as Learning Experience in Economy

InFocus Announces Bad Financial Year 2008

We waited to print this, to make sure we knew exactly what to say about it. Now, we know! But, first the “official? news:” Last month, InFocus Corporation announced its fourth quarter and full year 2008 financial results. For the fourth quarter, the Company reported revenues of $51.4 million and a net loss of $13.1 […]