<![CDATA[Gizmodo: losses]]> http://tags.gizmodo.com/assets/base/img/thumbs140x140/gizmodo.com.png <![CDATA[Gizmodo: losses]]> http://gizmodo.com/tag/losses http://gizmodo.com/tag/losses <![CDATA[Panasonic's $4 Billion Loss Makes Sony's Bad Year Look Peachy]]> Panasonic, the last sacred bastion of plasma TVs, is down $4 billion for the year. Analysts thought it might lose a billion dollars. Other Japanese companies who've lost a bundle this year: Hitachi dropped $8 billion into a black hole, NEC bled out $3 billion, making Sony's $1 billion negative look positively awesome. [CNN]

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<![CDATA[Motorola CEO Says Windows Mobile 7's Not Coming 'Til 2010]]> To help lighten the mood a bit after revealing their fourth-quarter $3.6 billion bloodbath, Motoroloa CEO Sanjay Jha revealed that we likely won't see Windows Mobile 7 until 2010 at the earliest.

We've seen lots of Win-Mo 7 dates floated; most recently, the "early 2009" projection was more realistically hedged to the "second half" of 2009 by Microsoft in September. Jha's announcement could potentially mean that we won't be seeing any Motorola Windows Mobile 7 phones until 2010, but the Electronista folks have Jha saying on the earnings call that the expected worldwide rollout of WM7 won't happen until 2010.

This is also interesting because it appears to disprove yesterday's rumor in the Wall Street Journal that Motorola was planning on completely abandoning Windows Mobile in favor of the "more competitive" (and completely free to license) Android. Jha says Moto is still focused on Google' open source OS, but we have yet to see any official word of Motorola-branded Android gear getting close to release—they're not expected until the end of this year. Oh Moto. [Electronista, WSJ]

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<![CDATA[Sony Looks Set To Lose $1.1 Billion In Fiscal 2008]]> Remember when Howard Stringer said that he "wasn't recession proof" at this CES keynote? Yeah, he wasn't joking. Sony is about to post its first loss in 14 years, and it's a doozy.

Japan's Nikkei and Reuters are both reporting that losses for the fiscal year ending in March could hit $1.1 billion, with Nikkei saying they may even drift closer to $2 billion. This is, as they say, the exact opposite of the $2.2 billion profit forecast Sony previously cited.

At fault are, well, the financiapocalypse of course, which has resulted in subdued demand for HDTVs in the American market and elsewhere, as well as a booming yen that has driven up the price of exports. Stocks for all of the Japanese tech companies plunged today from the news, with Toshiba, Canon and Panasonic all down in the neighborhood of 7%.

So the idea of Sony shuttering a major division by the end of next month rings a bit more true now, doesn't it? Who will get the axe?

[NYT, Variety]

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