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Sony suffers lower sales

TOKYO (Reuters) – Sony reported its fourth quarterly loss followed, from July to September, hit by slumping sales of mobile and a price cut of the video game console PlayStation 3.

Sony posted an operating loss of 32.600 billion yen ($ 362.000 million) in July-September period compared with a profit of 11.050 billion yen in the same period last year.Analysts on average were expecting a loss of 59.200 billion yen. However, analysts noted signs of improvement in many units of the conglomerate. (more…)

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