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Sony Slashes Profit Forecast, Blames Poor Smartphone Performance

Added: 17.09.2014 17:00 | 9 views | 0 comments



Sony has had to change its financial forecast for the fiscal year thanks to its struggling line of smartphones.

Rather than anticipating a profit of $1.2 billion, the company now expects to suffer a loss of loss of $466 million. As such, Sony has slashed its forecast by a whopping $1.7 billion.

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