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Sony posts record loss as revenue slides and issues mount

Cnet writes: 'Sony's troubles during the fiscal year ended March 31 were major -- and its latest financials bear that out.
The company today announced its fiscal-year earnings (PDF), revealing that its revenue slipped by 9.6 percent compared to last year, ending the period at $79.2 billion. What's worse, Sony's fiscal-year loss hit a record $5.55 billion, effectively making it the worst fiscal year in the company's storied history.'

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Captain Tuttle1668d ago

I don't think Kaz is the guy to turn this company around