Sony earnings decline as demand falls

Source: Bloomberg
© Scanpix/Reuters
Sony Corp., one of the largest consumer electronics producers in the world, reported a more than in October predicted loss for the financial year, which ended in March 2014. Company lost 130 billion yen during the mentioned time period, as demand for consumer electronics continued to drop. However, today Sony Corp. shares rose 1% to 1,810 yen per share during the trading session in Tokyo.
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