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 Jul 27, 2005 - 02:30 PM - by Michael
* Sony lines up for bad quarter

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Playstation2/Sony
Sony's in a bit of a rut - and their earnings are too:

Analysts polled by Bloomberg see the consumer electronics giant "probably" reporting a 19.4 billion yen ($174 million) loss for the April-June quarter, its second fiscal quarter. Reportedly, the shortfall was driven by higher-than-expected development costs associated with the PlayStation Portable (PSP) and paltry sales of the company's Wega TVs.
Just as a thought, if they had better games for the PSP and weren't spending all their time trying to stop people from running their own software, this might not be as big an issue.
 

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