Sony on Thursday posted its results for the fiscal second quarter, during which it lost about $196 million on sales that grew nearly 11% on-year to $18.1 billion thanks to the weakening yen. Sony warned that its electronics business is weakening more quickly than it expected, however, as TV and PC sales continue to slow.
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Wow, $192 million dollars is a lot of money. I guest, more electronics buyers these days are more catious with their money, and buy brands like Vizio, Philips, and Lenovo which are more affordable, but offer the same or more features as Sony, but for a lower price, or people already own most of the electronics they want, and see no need to buy something they already own, and Sony made too many PCs, and TVs which are unsold, and sitting at the store.
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Wow, $192 million dollars is a lot of money. I guest, more electronics buyers these days are more catious with their money, and buy brands like Vizio, Philips, and Lenovo which are more affordable, but offer the same or more features as Sony, but for a lower price, or people already own most of the electronics they want, and see no need to buy something they already own, and Sony made too many PCs, and TVs which are unsold, and sitting at the store.