Consumers aren’t buying electronic doodads at that pace they were. Sony reported a 72% drop in Q3 profits and warned that the future doesn’t look so good either.
Sony’s stock, by the way, is selling for less than its book value. That’s a discount worth looking at.
Related Posts
- Chinese profits jump 50% in 2007 (05/02/08)
- Nintendo profits soar by 48% (04/24/08)
- Lenova profits jump by 65% (08/07/08)
- Inflation hits Nissan profits (06/25/08)
- COSCO Shipping profits jumped by 140% (07/11/08)
