Sony makes first loss in 14 years

News
By published

Sony has made its first financial loss in 14 years, but it's less than expected

Sony KDL-32E5500

A big drop in sales led to a loss of 98.9bn Yen (£685m) for the year to end-March 209, compared with a profit of 369.4bn Yen the previous year.

Sony previously announced it would be cutting 8000 of its 185,000 worldwide workforce and closing 10 per cent of its factories.

What Hi-Fi?
What Hi-Fi?

What Hi-Fi?, founded in 1976, is the world's leading independent guide to buying and owning hi-fi and home entertainment products. Our comprehensive tests help you buy the very best for your money, with our advice sections giving you step-by-step information on how to get even more from your music and movies. Everything is tested by our dedicated team of in-house reviewers in our custom-built test rooms in London, Reading and Bath. Our coveted five-star rating and Awards are recognised all over the world as the ultimate seal of approval, so you can buy with absolute confidence.


Read more about how we test