From gamesindustry.biz:
[QUOTE]
Sony has announced that it expects losses at its videogame unit to double for the year ended March 2008, from JPY 50 billion (303.5 million) to over JPY 100 billion (EUR 609 million).

According to a report by Reuters, a spokesperson for Sony said although the firm will see massive losses in the games department, the general electronics business will see an operating profit margin of five per cent by the end of the fiscal year, one per cent above targets.
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Full Story: gamesindustry.biz

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