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 […]
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 […]
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 […]